Create your first list.

A way to share and manage lots.

  • Manufacturer: Panerai
    Year: 2012
    Reference No: PAM00396
    Case No: No. 67/100, BB1543229
    Model Name: Luminor 1950 Tourbillon GMT Ceramica
    Material: Black ceramic
    Calibre: Manual, cal. P2005/B, 31 jewels
    Bracelet/Strap: Brown Panerai calf leather strap
    Clasp/Buckle: Black PVD coated stainless steel Panerai folding double deployant clasp
    Dimensions: 48mm diameter
    Signed: Case, dial and movement signed

  • Catalogue Essay

    Panerai’s Luminor 1950 Tourbillon GMT Ceramic is a delightful mix between the technical and the stylistic worlds of horology. The oversized case is made from a synthetic ceramic based zirconium powder, giving the watch a uniform matte finish that is resistant to scratches and wear. The watch has a modern look in all black with crème color numerals. However, the watch features an interesting movement with a tourbillon sitting on an axis and rotating every 30 seconds. While the tourbillon is visible from the sapphire crystal, the wearer can see the timing of the tourbillon through the series of dots on the subsidiary dial, which is connected to the tourbillon and therefore the dots move twice as fast as the seconds hand.

    A watch with the DNA of Panerai through and through, the present example, number 67 of 100, is in excellent condition and is pleasure to behold both for its strong modern look, and its technical prowess.

  • 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.

    View More Works


Ref. PAM00396
A very fine and rare black ceramic perpendicular rotating tourbillon dual time cushion-shaped wristwatch with day and night indicator and power reserve, numbered 67 of a limited edition of 100 pieces

48mm diameter
Case, dial and movement signed

HK$190,000 - 380,000 

Sold for HK$375,000

Contact Specialist
Ziyong Ho
+852 9386 2032
[email protected]

The Hong Kong Watch Auction: FIVE

Hong Kong Auction 28 November 2017