Panerai - Hong Kong Watch Auction: THREE Hong Kong Monday, November 28, 2016 | Phillips

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  • Manufacturer: Panerai
    Year: 2007
    Reference No: PAM00024
    Case No: BB1251830
    Model Name: Luminor Submersible Automatic Acciaio
    Material: Stainless steel
    Calibre: Automatic, OP III, 21 jewels
    Bracelet/Strap: Black Panerai rubber strap
    Clasp/Buckle: Stainless steel Panerai buckle
    Dimensions: 44 mm. diameter
    Signed: Case, dial and movement signed, case further engraved J0897/1300

  • Catalogue Essay

    The present PAM00024 Luminor Submersible wristwatch is manufactured in tribute to the oceanic world. The watch, featuring a 44 mm. case, is a modern re-interpretation of the model created in 1956 for the Egyptian Navy. The rotating bezel calibrated to 60 units is designed for easy underwater reading. With respect to its predecessor, the watch is manufactured to the highest reliability and quality.

  • Artist Biography

    Panerai

    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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851

Lot offered with No Reserve

Ref. PAM00024
A stainless steel limited edition cushion-shaped wristwatch with date

2007
44 mm. diameter
Case, dial and movement signed, case further engraved J0897/1300

Estimate
HK$24,000 - 40,000 
€2,800-4,700
$3,000-5,000

Sold for HK$25,000

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016