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

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  • Manufacturer: Panerai
    Year: Circa 2009
    Reference No: PAM00315
    Movement No: K005/125
    Case No: BB1’345’572, K005/125
    Model Name: Radiomir Tourbillon GMT
    Material: Titanium
    Calibre: Manual, cal. P.2005, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Titanium Panerai pin buckle
    Dimensions: 48mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai certificate stamped Europe Watch Co., LTD., dated 25th September 2009, limited edition certificate, instruction manual, hang tag, outer packaging and fitted presentation box.

  • Catalogue Essay

    While Panerai are known to have produced some of the world’s most important military and dive watches, the firm produces much more than just the basic time only wristwatches. With a focus on technical innovation combined with refined aesthetics, Panerai has produced complicated variants of the Radiomir and Luminor in recent times.

    The Radiomir Tourbillon GMT PAM00315 is an example of the firm’s innovative pieces. With an oversized 48mm diameter brushed titanium case, the generous sizing has been subdued by its light weight principles of the material. Housing the firm’s in-house manual cal. P.2005, the movement features three large plates securing three barrels with 6 days of power reserve indicated atop of the plate on the right side. Featuring an impressive 30-second rotating tourbillon on a fixed axis perpendicular to that of the balance wheel, the minimalistic dial layout features the tourbillon counter within the small seconds register on the left side of the dial while a 24-hour indicator is positioned on the right allowing the wearer to differentiate the two separate time zones.

    Released as a limited edition of 125 pieces, the present example numbered 5 consigned by the original owner is offered with its full set of accessories and preserved in attractive overall condition.

  • 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

Σ985

Ref. PAM00315
A fine, unusual and rare limited edition titanium rotating 30-second tourbillon dual-time wristwatch with small seconds, 30-second tourbillon counter, 24-Hour indication, 6-Day power reserve indication, certificate and presentation box, numbered 5 of a limited edition of 125 pieces

Circa 2009
48mm diameter
Case, dial, movement and buckle signed

Estimate
HK$200,000 - 360,000 
€22,100-39,800
$25,600-46,200

Sold for HK$264,600

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