Panerai - Phillips Watches Online Auction: The Hong Kong Sessions, Spring 2024 Hong Kong Tuesday, March 19, 2024 | Phillips
  • Manufacturer: Panerai
    Year: Circa 2017
    Reference No: PAM01048
    Case No: OP7087, BB1’853’148, T0118/1000
    Model Name: Luminor Marina
    Material: Stainless steel
    Calibre: Automatic, cal. OP XXX, 25 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Panerai pin buckle
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai certificate stamped Sincere Fine Watches Singapore dated 8th August 2017, C.O.S.C. certificate, hang tag, guarantee booklet, instruction manual, fitted presentation box and outer packaging.

  • Catalogue Essay

    - Designed for everyday wear, the Panerai PAM01048 is a timeless Luminor model that combines versatility with undeniable appeal. Unlike other oversized Panerais, this particular case has a perfectly proportioned 40mm size, aligning with the current trend of smaller watches that fit comfortably on the wrist.

    - Preserving the distinctive bold hour markers and lumes, the hands maintain their classic sword-style configuration. The watch's iconic cushion-shaped case, coupled with its instantly recognizable crown guard, ensures that it has the wrist presence needed.

    - In addition to its aesthetic charm, the watch offers practicality with a date window positioned at 3 o'clock, complete with a magnifying cyclops for enhanced readability. Its symmetrical design is further enhanced by a small seconds register on the opposite side. Accompanied by all the necessary accessories, this timepiece presents a great opportunity to acquire a well-balanced Panerai timepiece.

  • 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. PAM01048
A fine and rare limited edition cushion-shaped stainless steel wristwatch with small seconds, date, certificate and presentation box, numbered 118 of a limited edition of 1,000 pieces

Circa 2017
40mm diameter
Case, dial, movement and buckle signed

HK$25,000 - 35,000 

Sold for HK$33,020

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