Panerai - The Hong Kong Watch Auction: XIII Hong Kong Thursday, November 25, 2021 | Phillips

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  • Manufacturer: Panerai
    Year: Circa 2014
    Reference No: PAM00606
    Movement No: 030’687
    Case No: BB1’681’892, Q003/100
    Model Name: Luminor 1950 3 Days Acciaio Hong Kong
    Material: Stainless steel
    Calibre: Automatic, cal. P.3000, 21 jewels
    Bracelet/Strap: Canvas
    Clasp/Buckle: Stainless steel Panerai pin buckle
    Dimensions: 47mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai certificate stamped Officine Panerai Hong Kong dated 31st October 2014, instruction manual, additional rubber strap, tool, hang tags, outer packaging and fitted presentation box.

  • Catalogue Essay

    Released in 2014, the Panerai PAM00606 was introduced as an exclusive limited edition model of 100 pieces for the Hong Kong boutique. Encased in its iconic 47mm diameter stainless steel Luminor case is the firm’s self-winding cal. P.3000 with 3 days of power reserve. Although it may share vast similarities with the PAM00378, the limited edition timepiece features a different luminous color. While inspecting the timepiece throughout, one may notice the subtle “HONG KONG” engraving on the edge of the oversized crown guards.

    The present example numbered 3 of a limited edition of 100 pieces is offered in new old stock condition with no signs of use and wear consigned from the original owner. The watch is complete with its full set of accessories and it is a delightful opportunity for our local Hong Kong collectors to acquire this special commemorative timepiece.

  • 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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Property from the Original Owner

876

Ref. PAM00606
A fine and well-preserved limited edition stainless steel diver’s wristwatch with certificate and presentation box, numbered 3 of a limited edition of 100 pieces, made for the Hong Kong boutique

Circa 2014
47mm diameter
Case, dial, movement and buckle signed

Estimate
HK$24,000 - 40,000 
€2,700-4,400
$3,100-5,100

Sold for HK$50,400

Contact Specialist

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

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021