Produced in a limited series of only 500 numbered pieces, this Panerai Luminor Power Reserve reference PAM 241 presents one of the most refined and desirable executions of the brand’s modern-era 40 mm Luminor line. The model perfectly balances the emblematic strength of Panerai’s maritime design with a more versatile and wearable proportion, making it a favorite among collectors who appreciate both aesthetics and practicality.

The black textured dial offers a sophisticated interplay with light, enhancing the bold luminous Arabic numerals and indexes that ensure exceptional legibility, a signature inherited from Panerai’s historic instruments designed for professional divers. The power reserve indicator at 5 o’clock and the small seconds at 9 o’clock bring functional depth to the composition, while the magnified date at 3 o’clock adds daily utility.

Its stainless steel cushion-shaped case remains crisp and well-preserved, retaining the muscular presence of the Luminor silhouette, defined by the iconic crown-protecting bridge originally engineered for underwater reliability. Inside beats Panerai’s automatic movement, delivering robust performance and maintaining the model’s original technical character.

This example, individually numbered 094/500, is complemented by a supple leather strap and stainless steel deployant clasp, achieved with the same attention to detail that defines the entire piece. Accompanied by its blank and dealer-stamped warranty card, the watch presents as an outstanding acquisition opportunity.

Limited editions from the early evolution of the Luminor Power Reserve line, particularly in the rare 40 mm format have steadily gained collector appreciation for their restrained proportions, limited production, and strong Panerai DNA. With its preserved condition, complete originality, and desirable limited-edition number, this PAM 241 stands as a compelling and distinctive example within the series.

A remarkably attractive and well-balanced Panerai, bringing together technical utility, contemporary elegance, and the enduring charm of a numbered limited edition — an excellent choice for the discerning enthusiast.