Panerai - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips
  • Manufacturer: Panerai
    Year: Circa 1993
    Reference No: 5218-301/A
    Case No: 0'351
    Model Name: Mare Nostrum
    Material: Stainless steel
    Calibre: Mechanical, ETA 2801-2, 43 jewels
    Bracelet/Strap: Black Officine Panerai crocodile leather strap
    Clasp/Buckle: Stainless steel Panerai folding double deployant clasp
    Dimensions: 42 mm. diameter
    Signed: Case, dial and movement signed

  • Catalogue Essay

    The original Mare Nostrum wristwatches were initially designed for deck officers of the Italian Navy in 1943. Panerai produced very few prototypes only and the model never went into full production due to the war. In 1993, Panerai re-introduced the Mare Nostrum collection created in tribute to the original model for the public. Based on the looks of the original prototype, the present watch features a blue dial and the bezel is fitted with a tachymetre scale.

    Offered in very appealing and excellent overall condition, the present Pre-Vendome watch is extremely rare and highly collectible.

  • 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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Σ191

Ref. 5218-301/A
A rare stainless steel chronograph wristwatch

Circa 1993
42 mm. diameter
Case, dial and movement signed

Estimate
HK$80,000 - 120,000 

Sold for HK$137,500

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: TWO

Hong Kong Auction 31 May 2016