The Mondani Collection of Rolex Wrist...

Geneva, May 14, 2006

LOT 246

Ref. 6152 ? 1, ?Luminor Panerai? Rolex, "Luminor Panerai", Ref. 6152-1. Case No. 124762. Made in 1955, for the Italian Police Divers? Corps. Very fine and very rare, oversized, water-resistant, cushion-shaped, stainless steel military diving watch with leather strap and large stainless steel buckle.

CHF 60,000 - 80,000

EUR 40,000 - 50,000 / USD 45,000 - 65,000

Sold: CHF 112,100

C. Three-body, polished and brushed, screwed-down case back inscribed ?C.C. No.28?, inclined bezel, straight lugs, winding crown protector, antimagnetic dust cap. D. Black with cut-out luminous Arabic quarter hour numerals and baton indexes. Luminous "bâton" hands. M. Cal. 618, signed Rolex, rhodium-plated, "fausses-côtes" decoration, 17 jewels, straight line lever escapement, monometallic balance, self-compensating flat balance spring, shock absorber, index regulator. Dial signed Panerai, case and movement signed Rolex. Dim. 47 x 54 mm. Thickness 18 mm.


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Grading System
Grade:
Case: 3-7

Good

Oxidized
Movement: 3*

Good

Overhaul recommended, at buyer's expense
Dial: 3-5-01

Good

Poor

HANDS Original

Notes

Rolex produced these watches for Panerai in Florence to their specification, for use by the Italian military and other Italian specialist dive units. The term ?Luminor? on the dial refers to the luminous substance used to ensure that the dial was legible under even the lowest levels of light. In the Rolex spare parts catalogue the three Rolex for Panerai references are listed as follows: Ref. 6152 - 16???, Ref. 6152/1 - 16??? and Ref. 6154 - 16???. This watch is illustrated in ?Rolex, Collecting Wristwatches?, by Osvaldo Patrizzi, 2001 Edition, pp. 124, 125.