Panerai - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | Phillips

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  • Manufacturer: Panerai
    Year: 2013
    Reference No: PAM 507
    Movement No: 000’355
    Case No: BB 1’624’239
    Model Name: Luminor Submersible 1950 Bronzo
    Material: Bronze
    Calibre: Automatic, cal. P.9002, 29 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Titanium Panerai buckle
    Dimensions: 47 mm diameter
    Signed: Case, movement and dial signed
    Accessories: Accompanied with Panerai Certificate signed by Officine Panerai Hong Kong verifying the piece is numbered 18 of a limited edition of 1,000 pieces, Panerai wooden fitted presentation box, addition leather strap, product literature and outer packaging

  • Catalogue Essay

    While the Panerai Luminor series has always been one of the most popular watch models, the Luminor Submersible 1950 Bronzo collection caused, yet again, a wave of hype among the Paneristi community and collectors when it was released in 2013. Evolved from the brand’s legacy of creating iconic underwater watches, the current model features state-of-the-art horological technology with an unmissable twist of nautical inspiration.

    Most evidently, the case is made of bronze – a material that immediately evokes feelings associated with seafaring. Vintage vessels and sailing yachts are often rich in items made of bronze, which ages with a characteristic patina that makes every single object distinctive. The pairing of a retro dark green dial and an atmospheric bronze case calls to mind some of the greatest maritime adventures in the twentieth century. Conveying a robust sense of boldness, the size of the case, 47-mm. in diameter, is the same as that of the classic Panerai watches. Classic too is the crown’s protection device which seals the winding crown.

    An impressive 3 days power reserve is encased in the movement – a new feature that distinguishes this model from its predecessors - along with a power reserve indicator on the dial. The dark green dial, with applied hour markers, is surrounded by a studded bezel in bronze with the scale for measuring the length of the dive.

  • 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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852

Ref. PAM 507
A fine and rare limited edition bronze wristwatch with date, power reserve indicator, certificate and presentation box, numbered 18 of a limited edition of 1,000 pieces

2013
47 mm diameter
Case, movement and dial signed

Estimate
HK$80,000 - 120,000 
€8,800-13,300
$10,300-15,400

Sold for HK$187,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: SEVEN

Hong Kong Auction 27 November 2018