Important Collectors Wristwatches, P...
New York - The Fuller Building, Dec 07, 2006
LOT 332
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, cushion-shaped, water-resistant, stainless steel military diver's wristwatch with a Panerai buckle.
USD 40,000 - 60,000
EUR 30,000 - 47,000
Sold: USD 59,000
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 baton indexes. Luminous yellow gold "baton" hands. M. Cal. 15 3/4''', signed Rolex, rhodium-plated, "fausses côtes" decoration, 15 jewels, straight-line lever escapement, monometallic balance, shock absorber, Breguet balance spring. Dial, case and movement signed. Dim. 47 x 47 mm. Thickness: 15 mm.
| 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 |
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???.
A similar watch to lot 332 is illustrated in ?Rolex, Collecting Wristwatches?, by Osvaldo Patrizzi, 2001 Edition, pp. 124, 125.