Panerai - The Hong Kong Watch Auction: XII Hong Kong Saturday, June 5, 2021 | Phillips
  • Manufacturer: Panerai
    Year: Circa 2019
    Reference No: PAM00968
    Movement No: 077’648
    Case No: BB1969772, 43/1500
    Model Name: Luminor Submersible “Bronzo”
    Material: Bronze
    Calibre: Automatic, cal. P9010, 31 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Titanium Panerai pin buckle
    Dimensions: 47mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Further accompanied by Panerai International Warranty card dated 15th November 2019, instruction manual, sales tag, extra rubber strap, tool, outer packaging and fitted presentation box.

  • Catalogue Essay

    The Panerai Submersible model is one of the most celebrated timepieces manufactured by the firm due to its robustness and professional depth rating of up to 300 meters. With limited editions encased in a Bronze case, the feature is delightful yet unique as it develops a layer of patina over a prolonged period of time under water.

    In 2019, Panerai introduced the PAM00968 Luminor Submersible encased in a 47mm diameter bronze case. Released as a limited edition of 1,500 pieces, and nicknamed the “Bronzo”, the watch features an in-house cal. 9010 with up to 3 days of power reserve via two barrels.

    The present example is numbered 43 of a limited edition of 1,500 pieces is preserved in excellent “like new” overall condition and accompanied by the full set of accessories. It is a fantastic chance for lovers of dive watches to acquire an attractive and robust professional tool watch.

  • 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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1067

Ref. PAM00968
A fine and rare limited edition bronze diver’s wristwatch with small seconds, date, warranty and presentation box, numbered 43 of a limited edition of 1,500 pieces

Circa 2019
47mm diameter
Case, dial, movement and buckle signed

Estimate
HK$140,000 - 180,000 
€15,100-19,400
$17,900-23,100

Sold for HK$176,400

Contact Specialist

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

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021