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43 Watches & Encounters
The Laurent Picciotto Collection of Contemporary Watches

1005

Panerai

Ref. PAM0382

Luminor 1950 Bronzo

Laurent Picciotto Collection: A fine, rare and oversized bronze cushion-shaped wristwatch with date and model boat, numbered 193 of a limited edition of 1000 pieces

Estimate
HK$120,000 - 200,000
€14,400 - 24,100
$15,000 - 25,000
HK$275,000
Lot Details
Manufacturer
Panerai
Year
Circa 2011
Reference No
PAM0382
Movement No
032'873
Case No
BB1470924
Model Name
Luminor 1950 Bronzo
Material
Bronze
Calibre
Automatic, P.9000, 28 jewels
Bracelet/Strap
Green canvas strap
Clasp/Buckle
Stainless steel <em>Panerai </em>buckle
Dimensions
47 mm. width
Signed
<em>Case, dial and movement signed, case further engraved N193/1000</em>
Accessories
With <em>Panerai </em>International Guarantee Certificate dated 2 December 2011, Certificate confirming that the present watch is numbered 193 of a limited edition of 1000 pieces only, book, instruction manual, model boat, screwdriver, fitted presentation box and outer packaging.
Catalogue Essay
'Panerai stunned the world of watchmaking when they introduced a wristwatch with a bronze case. It was chosen with an emphasis on deep sea diving and the old bronze machinery that used to be used in diving. Panerai used this material because bronze develops a rich green patina over the years and is highly water-resistant. The present watch has developed a rich green patina that matches beautifully with the special edition dark green dial which was developed specifically for the Bronzo.'

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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