Panerai - INTERSECT: Online Auction Hong Kong Monday, March 22, 2021 | Phillips

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    • Circa 2012

    • 42mm diameter

    • Case, dial, movement and buckle signed

  • Manufacturer: Panerai
    Year: Circa 2012
    Reference No: PAM392
    Movement No: 28’004
    Case No: BB1’541’149, 679/2000
    Model Name: Luminor Marina 1950 3 Days Automatic
    Material: Stainless steel
    Calibre: Automatic, cal. P9000, 28 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Panerai pin buckle
    Dimensions: 42mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai certificate stamped Valer et Genton Strasbourg dated December 2012, instruction manual, strap removal tool, screw driver, outer packaging and fitted presentation box.

  • Catalogue Essay

    Since gaining a global following of loyal collectors over the years, Panerai has become one of the most iconic manufacturer of military timepieces since the 1930’s. In recent times, the Luminor was among one of the most requested and acquired watches of the early 21st century adopting a classic and refined aesthetic heavily inspired from early examples from the 1950’s, most notable for its timeless and signature oversized crown guard.

    In 2012, Panerai released a limited edition Luminor Marina ref. PAM 392 featuring a reduced 42mm diameter case allowing a much comfortable wrist presence for daily wear. Furthermore, it houses the firm’s fully in-house double barrel cal. P9000 with 3 days of power reserve.

    The present example numbered 679 of a limited edition of 2,000 pieces is offered in excellent overall condition with very minimal signs of use and wear. Adding to its attraction, it is further accompanied by the full set of accessories.

  • Artist Biography


    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

Ref. PAM392
A fine and attractive limited edition stainless steel wristwatch with small seconds, date, certificate and box, numbered 679 of a limited edition of 2,000 pieces

Circa 2012
42mm diameter
Case, dial, movement and buckle signed

HK$15,000 - 32,000 

Sold for HK$35,280

Contact Specialist

Hin Hin Wong

Associate Specialist, 20th Century & Contemporary Art, Hong Kong

+852 2318 2013


Thomas Perazzi

Head of Watches, Asia

+852 2318 2031


Charlene Lau

Head of Jewels, Hong Kong

+852 2318 2039


INTERSECT: Online Auction

Online Auction 23 - 30 March 2021