Contemporary, Limited Editio and Mode...

New York, Grand Havana Room, Sep 30, 1999

LOT 78

Officine Panerai Firenze 1860, Mare Nostrum - Slytech Panerai - Special Edition Sylvester Stallone, No. 008/500, model 5218-304, sold on December 24, 1997.Large and extremely rare, waterproof to 300 meters, stainless steel Aisi 316 L, military diving wristwatch with round button chronograph and register, 40 hours autonomy, two leather straps with large stainless steel buckles, and certificate.

USD 5,000 - 6,000

Sold: USD 8,050

C. three body, polished, screwed dedicated back, signed by Silvester Stallone, manual winding system, sapphire crystal. D. black with ISO 8/3 tritium-coated Arabic numerals and indexes, auxiliary seconds and 30 minutes register dials, sapphire crystal glass. "Bâton" tritium-coated hands. M. mechanical with manual winding.Dial, case and movement signed.Diam. 42 mm.


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Grading System
Grade: AA

Very good
Case: 2

Very good
Movement: * 2
Dial: 2 - 01

Notes

The Panerai Mare Nostrum watch is a reissue of the timepiece that Panerai designed for the Italian Navy in the 1940's, and was intended for use by Officers aboard ship.Due to the outbreak of the war, this special navy-styled chronograph with luminous dial never entered into production.Panerai offers it now, based on the original design drawings.This particular model has been realized in a special edition, in agreement with Sylvester Stallone whose signature is on the watch. On the dial of the watch, is the mark Slytech Panerai(Sly being the nickname of Sylvester Stallone) and on the base, Stallone's signature and the writing: Special Edition Sylvester Stallone.This watch is No. 008 of this new limited series of 50 examples although the back indicates: No. 008/500.The dials of the first Panerai watches, in the 1940's, were made with diverse superposed plates fitted with each other: the bottom plate was luminous with "Radiomir" or "Luminor". The dial plate was pierced, so that the numbers were visible through the slots. Panerai very soon noticed that Radiomir was slightly radioactive, so they changed for Luminor. The numerals, indexes and hands of the present model are made with tritium, which has no radioactive effect at all.The "Mignatta", explosive mobile torpedo, the "S.L.C. Silvro a Lenta Corsa" was frequently used by the Italian Navy during WWII. Manned by one or two marines sitting directly on it, they could steer the torpedo close to the enemy objective.Swimming in the water, they could direct the projectile with great precision and let it continue its course to destroy its target. A small boat would then pick up the marines.