Panerai - The Hong Kong Watch Auction: NINE Hong Kong Monday, November 25, 2019 | Phillips

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  • Manufacturer: Panerai
    Year: Circa 2014
    Reference No: PAM00587
    Movement No: 028’500
    Case No: OP6995, BB1’681’149
    Model Name: Radiomir 1940 3 Days Marina Militare Acciaio
    Material: Stainless steel
    Calibre: Manual, cal. P. 3000, 21 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Officine Panerai pin buckle
    Dimensions: 47mm Diameter
    Signed: Case, dial, movement and buckle
    Accessories: Further accompanied by Officine Panerai Certificate stamped Officine Panerai Milano dated 13th December 2014, limited edition certificate, original invoice, key, instruction manual, 2 extra leather straps, outer packaging and fitted presentation box

  • Catalogue Essay

    In modern times, Panerai has developed many wristwatches inspired by its battle fiery forefathers including the present PAM00587. The reference is a modern iteration cased in the original Radiomir case measuring a large 48mm in diameter fitted with a plexiglass on the dial side and a sapphire crystal on the movement side. Produced as a limited series of 1,000 pieces, the present is numbered 488 and is complete with the full set of accessories.

  • 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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LOT OFFERED WITH NO RESERVE

958

Lot offered with No Reserve

Ref. PAM00587
A fine and attractive limited edition oversized stainless steel wristwatch with certificate and presentation box, numbered 488 of a limited edition of 1,000 pieces

Circa 2014
47mm Diameter
Case, dial, movement and buckle

Estimate
HK$30,000 - 50,000 
€3,400-5,700
$3,800-6,400

Sold for HK$43,750

Contact Specialist

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

The Hong Kong Watch Auction: NINE

Hong Kong Auction 25-26 November 2019