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Lot Essay
US$120,000-180,000
With presentation case, certificate and product literature.
The present watch is one of the exceedingly rare examples of a Panerai reference 00021 to appear in public to date and is in like new condition.
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.
The present model is part of a limited series of only 60 examples in platinum made in 1997 to commemorate the first Radiomir Panerai watch produced 60 years ago. In addition it is also fitted with a period Rolex movement, much sought-after by Panerai collectors.
With presentation case, certificate and product literature.
The present watch is one of the exceedingly rare examples of a Panerai reference 00021 to appear in public to date and is in like new condition.
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.
The present model is part of a limited series of only 60 examples in platinum made in 1997 to commemorate the first Radiomir Panerai watch produced 60 years ago. In addition it is also fitted with a period Rolex movement, much sought-after by Panerai collectors.