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

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  • Manufacturer: Panerai
    Year: 2012
    Reference No: PAM00389
    Case No: BB1551447
    Model Name: Luminor Submersible 1950 Amagnetic 3 Days
    Material: Titanium and ceramic
    Calibre: Automatic, P.9000, 28 jewels
    Bracelet/Strap: Black Panerai rubber strap
    Clasp/Buckle: Titanium Panerai buckle
    Dimensions: 47 mm. width
    Signed: Case, dial and movement signed, case further engraved 70/1000
    Accessories: With Panerai Guarantee Certificate dated 2 January 2013, additional calf leather strap, instruction manual, watch tools, fitted presentation box and outer packaging.

  • Catalogue Essay

    Introduced at the SIHH in 2013, the present PAM00389 wristwatch is fitted with two notable features. The first is that the watch is set with a special case construction that protects and isolates the movement from the flow of magnetic fields, which could potentially disrupt the accuracy of the movement. The second is that the watch is set with a rotating ceramic bezel that is inspired by the Panerai watches for the Egyptian Navy in the 50s. Offered in like new condition and complete with accessories, the present watch is numbered 70 of a limited edition of 1000 pieces 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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895

Ref. PAM00389
A fine titianium limited edition cushion-shaped anti-magnetic wristwatch with date and ceramic bezel

2012
47 mm. width
Case, dial and movement signed, case further engraved 70/1000

Estimate
HK$60,000 - 80,000 
€7,000-9,400
$7,500-10,000

Sold for HK$65,000

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016