Panerai - Phillips Watches Online Auction: The Hong Kong Sessions, Spring 2024 Hong Kong Tuesday, March 19, 2024 | Phillips
  • Manufacturer: Panerai
    Year: Circa 2015
    Reference No: PAM00438
    Movement No: 005’825
    Case No: OP7028, BB1733920, R0423/1000
    Model Name: Tuttonero Luminor 1950 3 Days GMT Ceramica
    Material: Black ceramic and titanium
    Calibre: Automatic, cal. P.9001/B, 29 jewels
    Bracelet/Strap: Black ceramic Panerai bracelet, max length 170mm
    Clasp/Buckle: Stainless steel Panerai deployant clasp
    Dimensions: 44mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by undated Panerai certificate stamped Pijnenburg Juweliers Netherlands, instruction manual, 4 additional links, hang tag, fitted presentation box and outer packaging.

  • Catalogue Essay

    - Introduced in 2012, the Panerai PAM00438 Tuttonero is a remarkable timepiece featuring a sleek and durable 44mm ceramic Luminor case, boasting a practical GMT function and a date display. The black galvanic treatment applied to the case contributes to its striking all-black appearance. Additionally, the watch is equipped with a black ceramic bracelet, ensuring resistance to scratches and maintaining its overall aesthetic.

    - The timepiece is powered by Panerai's self-winding in-house calibre P9001/B, providing a 3-day power reserve where the power reserve indication can be observed through the sapphire crystal display caseback. Furthermore, the seconds hand incorporates a zero-reset mechanism, ensuring precise time setting when the crown is pulled.

    - Offered with no reserve, this particular example is preserved in excellent overall condition, making it an attractive choice for Panerai enthusiasts. The watch is further accompanied by its full set of accessories, further adding to its appeal. With its durability, functionality, and stylish design, this timepiece is perfect for daily wear and would make a valuable addition to any Panerai collection.

  • Artist Biography


    Italian • 1860

    Known for its robust designs and large case sizes, Officine Panerai was established in 1860 by Giovanni Panerai in Florence, Italy. Around 1900, Giovanni's grandson Guido Panerai took over, and Panerai became the supplier to the Regia Marina — the Royal Italian Navy. After supplying the navy with high-precision instruments for a number of years, Officine Panerai created Radiomir, a radium-based powder that gives luminosity to the dials of sighting instruments and devices. By 1936, the Royal Italian Navy approached Panerai again with the request to design a watch resistant to extreme underwater conditions. The watch they created became known as the "Radiomir".

    Panerai's watches made during the early twentieth century era were comprised of cases designed and manufactured by Rolex SA, with Cortébert, a Swiss manufacturer, supplying the majority of their movements. The most recognizable designs from the firm are the Radiomir and Luminor. To date, vintage models from the first half of the 1900s, such as the reference 3646 and 6152 models, remain the most desirable among collectors.

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Lot offered with No Reserve

Ref. PAM00438
A fine and well-preserved limited edition black ceramic and titanium dual-time wristwatch with small seconds, date, power reserve indication, zero-reset mechanism, bracelet, certificate and presentation box, numbered 423 of a limited edition of 1,000 pieces

Circa 2015
44mm diameter
Case, dial, movement, bracelet and clasp signed

HK$30,000 - 60,000 

Sold for HK$44,450

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2030

Phillips Watches Online Auction: The Hong Kong Sessions, Spring 2024

19 - 26 March 2024