Live Auction 12160Rare Watches & Exceptional Complications
Panerai. A Very Fine and Rare Limited Edition Stainless Steel Cushion-Shaped Wristwatch with Power Reserve and Angelus Movement
Lot 69

Panerai. A Very Fine and Rare Limited Edition Stainless Steel Cushion-Shaped Wristwatch with Power Reserve and Angelus Movement

Signed Panerai, Luminor 1950 8-Days Model, No. H138/150, Ref. PAM00203, Case No. BB 1171790, Manufactured in 2005

Closed7 June 2016

Price Realised

USD 75,000

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Panerai. A Very Fine and Rare Limited Edition Stainless Steel Cushion-Shaped Wristwatch with Power Reserve and Angelus Movement
Signed Panerai, Luminor 1950 8-Days Model, No. H138/150, Ref. PAM00203, Case No. BB 1171790, Manufactured in 2005

Cal. Angelus SF 240 mechanical movement, 15 jewels, brown sandwich dial, luminous Arabic and baton numerals, subsidiary seconds, round disc inscribed 8 Giorni Brevettato - (Patented 8 Days), luminous hands, oversized cushion-shaped water-resistant-type case, patented large crown protective bridge with lever lock, sapphire crystal display screw back, large stainless steel Panerai buckle, case and dial signed by Panerai, movement signed by Angelus
47mm width

Property of a Private Collector

Specialist note

Accompanied by a Panerai Certificate confirming the present watch is number 138 in a limited edition of 150 examples manufactured in 2005, an undated Panerai International Guarantee Certificate, and an undated Panerai Specifications Certificate. Further accompanied by a screw driver, product literature, Panerai presentation box, Panerai pouch and outer packaging.

The PAM 203, like the PAM 21, is another “grail” for Panerai collectors. Produced in a limited edition of 150 watches, they notably featured vintage restored Angelus SF caliber 240 movements with an 8-days power reserve. The watches featured cases and dials that mirrored the original 1950s Luminor watches. This PAM 203 could rightfully be considered one of the most successful releases in the history of modern Panerai watches.