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

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  • Manufacturer: Panerai
    Year: Circa 2015
    Reference No: PAM00634
    Case No: OP7040, BB1’763’593, R266/500
    Model Name: The Paneristi 15th Anniversary Luminor
    Material: Stainless steel
    Calibre: Manual
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Panerai pin buckle
    Dimensions: 44mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai certificate stamped Panerai Hong Kong Boutique dated 29th November 2015, product literature, fitted presentation box and outer packaging.

  • Catalogue Essay

    Dedicated to the tremendous support of the online community of Panerai enthusiast, the “Paneristi” founded by Guy Verbist in 2000, the PAM00634 was released in 2015 to celebrate the 15th anniversary of the website. Part of the fourth edition of the celebration since PAM195, PAM360 and PAM 532, the reference is produced in a limited edition of 500 pieces offered to the most dedicated members of the community. Classic in its architecture with a touch of modern flavour of an addition of a blue OP logo, the model was the first variant to have a non PVD-coated case. Inscribed with PANERISTI.COM 15TH ANNIVERSARY on the case back, it is certainly the best gift to fans of the brand to remember the milestone by.

    The present example is numbered 266 out of 500 and is presented in absolutely like-new condition. The watch is further accompanied by the full set of accessories that was delivered with the watch when it was purchased by the original owner.

  • 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.

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Property from the Original Owner


Ref. PAM00634
A fine, rare and attractive limited edition cushion-shaped stainless steel diver’s wristwatch with certificate and presentation box, numbered 266 of a limited edition of 500 pieces, made to commemorate the 15th anniversary of Paneristi

Circa 2015
44mm diameter
Case, dial, movement and buckle signed

HK$24,000 - 48,000 

Sold for HK$47,880

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021