Important Collectors’ Wristwatches, P...

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

LOT 123

So-called ?Rolex Panerai? Rolex, ?Marina Militare?, Ref. 6152/1. Made for the Italian Navy Commandos in the 1950s. Very fine and extremely rare, large, cushionshaped, water-resistant, stainless steel military diver's wristwatch with Panerai buckle.

USD 60,000 - 80,000

EUR 47,000 - 65,000

C. Signed Rolex, three-body, polished, screwed-down case back and crown, case back engraved: ?S.M.Z. M.M. 094?, straight lugs. D. Black with luminous Arabic numerals and bâton indexes. Luminous yellow gold "bâton" hands. M. Cal. 15 3/4''', signed Rolex, rhodium-plated, "fausses-côtes" decoration, 15 jewels, straight line lever escapement, monometallic balance, shock-absorber, Breguet balancespring. 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: 3-7*

Good

Oxidized

Overhaul recommended, at buyer's expense

Dial: 3-01

Good

HANDS Original