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

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  • Manufacturer: Panerai
    Year: Circa 2013
    Reference No: PAM00438
    Movement No: 000’845
    Case No: BB1’535’103
    Model Name: Tuttonero Luminor 1950 3 Days GMT Automatic Ceramica
    Material: Ceramic
    Calibre: Automatic, cal. P.9001/B, 29 jewels
    Bracelet/Strap: Ceramic Panerai bracelet, max length 200mm
    Clasp/Buckle: Stainless steel Panerai deployant clasp
    Dimensions: 44mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Panerai certificate stamped Officine Panerai Hong Kong dated 11th August 2013, instruction manual, hang tags, plastic case protector, tool, outer packaging and fitted presentation box.

  • Catalogue Essay

    Released in 2012, the Panerai PAM00438 Tuttonero limited edition of 1,000 pieces encased in a black ceramic 44mm diameter Luminor case features a GMT function with a date. Powered by the firm’s self-winding in-house cal. P9001/B, it is built with a Glucydur balance, an Incabloc anti-shock device as well as a 3 day power reserve indication. Finished with a black galvanic treatment, the all black appearance of the timepiece is further elevated. Paired along with a black ceramic bracelet, the whole timepiece is essentially insensitive to any scratches.

    Offered in “like new” overall condition, consigned by the original owner and accompanied by its full set of accessories, the present example PAM00438 numbered 130 is surely a nice piece for any Panerai enthusiasts to add to their collection, perfect for daily wear.

  • 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. PAM00438
A fine and well-preserved limited edition ceramic dual-time wristwatch with small seconds, date, power reserve indication, bracelet, certificate and presentation box, numbered 130 of a limited edition of 1,000 pieces

Circa 2013
44mm diameter
Case, dial, movement, bracelet and clasp signed

HK$40,000 - 64,000 

Sold for HK$69,300

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021