Panerai - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips
  • Manufacturer: Panerai
    Year: 2006
    Reference No: PAM00217
    Movement No: 436'108
    Case No: BB1163666
    Model Name: Panerai Luminor Marina Militare
    Material: Stainless steel
    Calibre: Mechanical, OP XI, 17 jewels
    Bracelet/Strap: Black Officine Panerai crocodile leather strap
    Clasp/Buckle: Stainless steel Panerai buckle
    Dimensions: 47 mm. wide
    Signed: Case, dial and movement signed, case further engraved 340/1000
    Accessories: With Officine Panerai International Guarantee Certificate dated 9 February 2006, Certificate confirming the present watch is numbered 340 of a limited edition of 1000 pieces, Contrôle Officiel Suisse des Chronomètres Watch Rate Certificate, additional red leather strap, product literature, instruction manual, leather wallet, watch tool, fitted presentation box and outer packaging.

  • Catalogue Essay

    The present watch is numbered 340 of a limited edition of 1000 pieces only.

  • 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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Σ49

Ref. PAM00217
A fine and rare stainless steel limited edition cushion-shaped left-handed wristwatch

2006
47 mm. wide
Case, dial and movement signed, case further engraved 340/1000

Estimate
HK$100,000 - 150,000 

Sold for HK$112,500

Contact Specialist

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

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: ONE

Hong Kong Auction 1 December 2015 11am