PANERAI. A RARE AND LARGE PLATINUM CUSHION-SHAPED LIMITED EDITION WRISTWATCH WITH ROLEX MOVEMENT, ADDITIONAL CASE BACK AND BOX
PANERAI. A RARE AND LARGE PLATINUM CUSHION-SHAPED LIMITED EDITION WRISTWATCH WITH ROLEX MOVEMENT, ADDITIONAL CASE BACK AND BOX
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On lots marked with an + in the catalogue, VAT wil… Read more PANERAIRef. PAM021 Platinum Radiomir No. 11/60The Property of an Important Private European Collector
PANERAI. A RARE AND LARGE PLATINUM CUSHION-SHAPED LIMITED EDITION WRISTWATCH WITH ROLEX MOVEMENT, ADDITIONAL CASE BACK AND BOX

SIGNED PANERAI, RADIOMIR, REF. PAM021, LIMITED EDITION 11/60, MANUFACTURED IN 1997

Details
PANERAI. A RARE AND LARGE PLATINUM CUSHION-SHAPED LIMITED EDITION WRISTWATCH WITH ROLEX MOVEMENT, ADDITIONAL CASE BACK AND BOX
SIGNED PANERAI, RADIOMIR, REF. PAM021, LIMITED EDITION 11/60, MANUFACTURED IN 1997
Movement: cal. Rolex 618, manual, 17 jewels, signed
Dial: signed
Case: sapphire crystal display screw back, 47 mm. wide. signed
With: 18K white gold Panerai buckle, additional platinum case back, additional leather strap and fitted presentation box with key.
Special notice
On lots marked with an + in the catalogue, VAT will be charged at 7.7% on both the premium as well as the hammer price.

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Lot Essay

The present Ref PAM021 is no. 11 of the limited edition of only 60 examples of this model made in 1997 to commemorate the legendary Panerai Radiomir watches from 1937.

Considered by many Panerai collectors to be the “grail of grails”, the PAM021 features a platinum case and a movement made by Rolex, just as the original Panerai watches manufactured between the 1930s and 1950s.

Guido Panerai & Figlio, founded in 1860 in Florence, advanced quickly to the official watchmaker of the Italian Navy and produced extremely modern and precise instruments. In 1936 the company, later renamed Officine Panerai, launched the first prototype of a diver's watch.

In 1937, the production of Radiomir watches for the Italian Navy was launched. The models featured a large cushion-shaped case with a width of 47 mm., wire loops, screw down crown, luminous dial easy to read under water in the dark and a hand-wound mechanical movement supplied by Rolex. The bracelet was made of oiled and punched leather and with its extra-long length it could be worn over the diving suit.

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