Panerai - The Hong Kong Watch Auction: XIX Hong Kong Saturday, November 23, 2024 | Phillips
  • Manufacturer: Panerai
    Year: Circa 2010
    Reference No: PAM00316
    Movement No: K32/75
    Case No: OP6749, BB1317621, K32/75
    Model Name: Radiomir Tourbillon GMT
    Material: Platinum
    Calibre: Manual, cal. P.2005, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Panerai deployant clasp
    Dimensions: 48mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Panerai certificate stamped Pro Hopetime Watch co., Taiwan dated 20th January 2010, limited edition certificate, instruction manual, fitted presentation box and outer packaging.

  • Catalogue Essay

    While Panerai is renowned for producing some of the world's most important military and dive watches, the venerable Italian manufacture produces much more than just basic time-only timepieces. With a focus on technical innovation combined with refined aesthetics, Panerai has introduced increasingly complicated variants of their iconic Radiomir and Luminor collections in recent years.

    The Radiomir Tourbillon GMT PAM00316 is a prime example of the firm's innovative prowess. Housed in an oversized 48mm platinum case, it features the manufacture's in-house manual-wind caliber P.2005. This remarkable movement boasts three large plates securing three barrels, providing an impressive 6-day power reserve, as indicated on the plate as well. Showcasing Panerai's unparalleled expertise, the movement also incorporates an incredible 30-second rotating tourbillon on a fixed axis, perpendicular to that of the balance wheel. The minimalist dial layout features the tourbillon sub-dial on the left, while an GMT hand allows the wearer to easily differentiate between two separate time zones.

    Released as a limited edition of just 75 pieces, the present example, numbered 32, is offered complete with its full set of accessories and preserved in an 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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Σ934

Ref. PAM00316
A fine and attractive limited edition platinum cushion-shaped rotating 30-second tourbillon dual-time wristwatch with small seconds, 6-day power reserve, day and night indication, certificate and presentation box, numbered 32 of a limited edition of 75 pieces

Circa 2010
48mm diameter
Case, dial, movement and clasp signed

Estimate
HK$150,000 - 300,000 
€17,600-35,100
$19,200-38,500

Sold for HK$279,400

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
WatchesHK@phillips.com
 

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

The Hong Kong Watch Auction: XIX

Hong Kong Auction 23 - 24 November 2024