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

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  • Manufacturer: Panerai
    Year: 2000
    Reference No: PAM00060
    Movement No: 152'739
    Case No: BB1013350
    Model Name: Luminor Chrono Flyback
    Material: Titanium
    Calibre: Automatic, OP VI, 31 jewels
    Bracelet/Strap: Stainless steel Panerai bracelet, 190 mm. maximum length
    Clasp/Buckle: Stainless steel Panerai concealed double folding deployant clasp
    Dimensions: 40 mm. bezel width
    Signed: Case, dial and movement signed
    Accessories: With Officine Panerai Certificate dated October 2000, instruction manual, fitted presentation box and outer packaging.

  • Catalogue Essay

    The present Luminor Chrono Flyback wristwatch is cased in titanium and features a flyback chronograph mechanism. The watch features a monotone dial with three black subsidiary dials against a special sand-coloured background. The present watch is complete with all accessories and numbered 260 of a limited edition of 300 examples only.

  • 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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889

Ref. PAM00060
A titanium flyback chronograph wristwatch with bracelet

2000
40 mm. bezel width
Case, dial and movement signed

Estimate
HK$40,000 - 60,000 
€4,700-7,000
$5,000-7,500

Sold for HK$50,000

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016