Panerai - The Hong Kong Watch Auction: XVIII Hong Kong Friday, May 24, 2024 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Panerai
    Year: Circa 2022
    Reference No: PAM00968
    Movement No: 079’053
    Case No: OP7112, BB2023966, X0252/1000
    Model Name: Submersible Bronzo
    Material: Bronze and Titanium
    Calibre: Manual, cal. P9010, 31 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Titanium Panerai pin buckle
    Dimensions: 47mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai warranty stamped Panerai Boutique, Milan dated 15 March 2022, purchase invoice, instruction manual, additional rubber strap, springbar tool, fitted presentation box and outer packaging.

  • Catalogue Essay

    Panerai has long been associated with professional diving, their Submersible models celebrated for robustness and ample 300m depth ratings. Limited editions encased in bronze hold particular intrigue, as the metal develops a unique patina over time that enhances individual charm.

    In 2011, the Submersible Bronzo debuted, encased in a 47mm bronze case with a titanium caseback. Nicknamed "Bronzo" after the Italian word for bronze, it housed Panerai's in-house cal. 9010 with 3 days of power reserve.

    Numbered 252 of a limited edition of 1000 pieces, the present Submersible Bronzo ref. PAM00968 was released in 2019 featuring a ceramic bezel insert. Offered in barely worn condition direct from the original owner and complete with all accessories, this Submersible Bronzo embodies Panerai's reputation for robust diving watches that develop added character over time.

  • 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 原物主收藏

951

Ref. PAM00968
A rare and impressive limited edition bronze diver's wristwatch with small seconds, date, ceramic bezel, titanium caseback, warranty and presentation box, numbered 252 of a limited edition of 1000 pieces

Circa 2022
47mm diameter
Case, dial, movement and buckle signed

Estimate
HK$55,000 - 110,000 
€6,600-13,200
$7,100-14,100

Place Advance Bid
Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2031
WatchesHK@phillips.com
 

Gertrude Wong
Head of Sale, Hong Kong
+ 852 2318 2045
gertrudewong@phillips.com
 

The Hong Kong Watch Auction: XVIII

Hong Kong Auction 24 - 25 May 2024