Panerai - Phillips Watches Online Auction: The Hong Kong Sessions, Spring 2023 Hong Kong Tuesday, March 28, 2023 | Phillips
  • Manufacturer: Panerai
    Year: Circa 2022
    Reference No: PAM01391
    Movement No: 085994
    Case No: OP7529, BB2036421, No. Y0324/1500
    Model Name: Submersible QuarantaQuattro Luna Rossa
    Material: Stainless steel
    Calibre: Automatic, cal. P.900, 23 jewels
    Bracelet/Strap: Fabric and rubber
    Clasp/Buckle: Stainless steel Panerai pin buckle
    Dimensions: 44mm diameter
    Signed: Case, dial movement and buckle signed
    Accessories: Accompanied by Panerai international warranty stamped Panerai Richemont and dated 6th August 2022, product literature, hangtag, additional navy leather and fabric strap, strap changing tool, fitted presentation box and outer packaging.

  • Catalogue Essay

    - Panerai has been the official sponsor of the Luna Rossa Prada Pirelli Sailing Team in the America's Cup since 2017. Celebrating this partnership in style, the Panerai Submersible QuarantaQuattro PAM01391 was introduced in 2022 as a limited edition of 1,500 units.

    - The staggering 44mm structure is framed in an iconic cushion-shaped case with a crown guard and features a thick, rounded rotating bezel that shines a spotlight on the blue dial within. Resembling the flickers of blues in the ocean, the dial is finished with a sunburst effect that plays with the light as it touches the surface. The dark, solum canvas is complemented by large, legible lume-filled applied hour markers with a pair of muscular hands. A true utilitarian timepiece, the date window is positioned at 3 o’clock, counterbalanced with a subdial at 9 o’clock that features a small seconds hand bearing the house red championed by Prada. Behind the beautifully engraved caseback lies a powerful automatic movement, the cal. P.900.

    - The present Submersible QuarantaQuattro Luna Rossa is numbered 324 of a 1500-piece limited edition. Offered in “like-new" condition, this statement piece is also accompanied by its original accessories.

  • 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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Property from the Original Owner

8106

Lot offered with No Reserve

Ref. PAM01391
A fine, attractive and "like-new" limited edition cushion-shaped stainless steel diver’s wristwatch with small seconds, date, warranty and presentation box, numbered 324 of a limited edition of 1,500 pieces made for Luna Rossa

Circa 2022
44mm diameter
Case, dial movement and buckle signed

Estimate
HK$50,000 - 100,000 
€6,000-12,000
$6,400-12,800

Sold for HK$48,260

Contact Specialist

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

Phillips Watches Online Auction: The Hong Kong Sessions, Spring 2023

28 March - 4 April 2023