Panerai - Phillips Watches Online Auction: The Hong Kong Sessions, Spring 2023 Hong Kong Tuesday, March 28, 2023 | Phillips

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  • Manufacturer: Panerai
    Year: Circa 2019
    Reference No: PAM 764
    Movement No: 014’708
    Case No: BB1’936’530, No. 79/1000
    Model Name: Luminor Yachts Challenge
    Material: Titanium
    Calibre: Automatic, cal. P9100, 37 jewels
    Bracelet/Strap: Rubber
    Clasp/Buckle: Titanium Panerai pin buckle
    Dimensions: 44mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai warranty stamped Officine Panerai Hong Kong dated 2nd July 2019, instruction manual, tools, additional rubber strap, cloth, outer packaging and fitted presentation box.

  • Catalogue Essay

    - With an established presence in the world of sailing and yachting, Panerai has always been at the forefront of sea-bound excruciations. In 2019, the firm released three limited edition models to pay tribute to the Panerai Classic Yachts Challenge, an annual regatta reserved only for the classics. The result was three Luminor (PCYC) flyback central chronograph wristwatches, each in different case metals, including examples in titanium, black ceramic and 5NPT red gold.

    - Referenced the PAM 764, the limited edition flyback chronograph timepiece is a quintessential Panerai. Featuring the firm’s signature sandwiched dial, the timepiece also boasts a large 44mm diameter case executed in brushed titanium to enhance its light comfort on the wrist. Designed for nautical adventures, the dial is equipped with a nautical tachometer scale with two central chronographic hands, one in blue (to capture seconds elapsed) and the other in white (to capture minutes elapsed), activated via two chronographic pushers positioned on the left side of the caseband.

    - The present titanium example is numbered 79 of a limited edition of 1,000 pieces. Accompanied by its full set of accessories, this is another example of the perfect summer watch to enjoy whilst on sail or at the docks.

  • 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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8105

Lot offered with No Reserve

Ref. PAM 764
A fine and attractive limited edition titanium flyback central chronograph wristwatch with nautical tachometer scale, warranty and presentation box, numbered 79 of a limited edition of 1,000 pieces

Circa 2019
44mm diameter
Case, dial, movement and buckle signed

Estimate
HK$50,000 - 80,000 
€5,900-9,500
$6,400-10,300

Sold for HK$48,260

Contact Specialist

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

Phillips Watches Online Auction: The Hong Kong Sessions, Spring 2023

28 March - 4 April 2023