Important Collectors' Wristwatches, P...

New York, Jun 10, 2010

LOT 64

Rolex Panerai Rolex, case No. 260639, Ref. 3646, first generation. Made in a limited edition of 720 pieces for the Italian Navy Commandos in 1943. Very fine and extremely rare, large, cushion-shaped, water-resistant, stainless steel military diver's wristwatch with a sterling silver Panerai buckle. Accompanied by a letter from Rolex, Germany, authenticating the details of this timepiece.

USD 40,000 - 60,000

EUR 30,000 - 47,000 / CHF 45,000 - 67,000

Sold: USD 55,200

C. Signed Rolex, three-body, polished and brushed, screwed-down case back and crown, wire lugs. D. Black with luminous Arabic numerals and baton indexes. Luminous blued steel baton hands. M. Cal. 16''', signed Rolex, rhodium-plated, fausses cotes decoration, 17 jewels, straight-line lever escapement, monometallic balance, self-compensating Breguet balance spring. Case and movement signed. Dim. 47 x 47 mm. Thickness: 15 mm.


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Grading System
Grade:
Case: 3

Good

Movement: 3*

Good

Overhaul recommended, at buyer's expense

Dial: 3-10-01

Good

Patinated

HANDS Original