Important Watches, Collector's Wrist...

Hong Kong, Jun 08, 2001

LOT 122

Marina Militare "Luminor Panerai?, Officine Panerai Firenze. Produced in the 1950's.Very rare, large, water-resistant, cushion-shaped, stainless steel, 8 days going, military diving wristwatch with original water-repellent leather band and buckle.

HKD 100,000 - 120,000

USD 13,000 - 15,000

C. three-body, polished and brushed, transparent screwed case back with the inscription "Matr. N° 52", screwed-down winding-crown, straight lugs. D. black with radium-coated Arabic numerals and indexes, auxiliary seconds dial on the 9. ?Bâton? radium-coated hands. M. 16 ''' signed Angelus, rhodium-plated, ?fausses côtes? decoration, 16 jewels, lever escapement, monometallic balance, shock-absorber, self-compensating flat balance-spring.Dial, case and movement signed.Dim. 46 x 57 mm.


LOADING IMAGES
Click to full view
Image
Grading System
Grade: AA

Very good
Case: 2

Very good
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2 - 01

Notes

A limited series of 50 examples was made in February 1956 for the Egyptian Navy Commandos.All of the Officine Panerai watches were equipped with 16''' Rolex or Angelus Cal. 240 movements (recognizable by the auxiliary seconds dial on the 9) and are guaranteed water-resistant down to 20 atmospheres. The security lever for the crown was present since 1940, but was not patented until 1956.Of the 50 pieces delivered to the Egyptian Navy Commandos, some are still in use by Egyptian military troops.