Important Collectors’ Wristwatches, P...

New York, The Grand Havana Room, Sep 20, 2006

LOT 122

So-called "Rolex Panerai" Officine Panerai, Firenze 1860, ?Radiomir Panerai?, case No. 1010305, Ref. 3646, first generation. Made for the Italian Navy Commandos circa 1940. Very fine and extremely rare, large, cushion-shaped, waterresistant, stainless steel military diver's wristwatch with Panerai buckle.

USD 50,000 - 60,000

EUR 40,000 - 47,000

Sold: USD 59,000

C. Signed Rolex, three-body, polished and brushed, screwed-down case back and crown, wire lugs. D. Black with luminous Arabic numerals and bâton indexes. Luminous blued steel "bâton" hands. M. Cal. 15 3/4''', signed Rolex, rhodium-plated, "fausses-côtes" decoration, 17 jewels, straight line lever escapement, monometallic balance, Breguet balance-spring. Dial, case and movement signed. Dim. 47 x 47 mm. Thickness: 15 mm.


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Grading System
Grade: AAA

Excellent

Case: 3

Good

Movement: 3*

Good

Overhaul recommended, at buyer's expense

Dial: 3-27-01

Good

Custom-made

HANDS Original