Lot 16
  • 16

Panerai

Estimate
50,000 - 70,000 USD
bidding is closed

Description

  • A FINE AND RARE CUSHION-FORM LIMITED EDITION STAINLESS STEEL TOURBILLON DUAL TIME ZONE WRISTWATCH WITH DAY AND NIGHT AND 6-DAY POWER RESERVE2007 LUMINOR 1950 TOURBILLON GMT PAM 276 REF OP6709
  • stainless steel
  • length 46 mm
• cal. P2005 manual winding nickel lever three barrel movement, 30 second mono-metallic balance rotating within a double axis tourbillon carriage, 6 day power reserve indication to the plate, 31 jewels • black dial with luminescent Arabic numerals and baton indexes, luminescent baton hands, subsidiary dials for seconds combined with tourbillon cage speed indicator, and day and night indication • patented hinged protective crown guard, screw-down sapphire crystal display case back • case, dial and movement signed • stainless steel Panerai buckle

Condition

Movement is running at the time of cataloguing, however it may require a service in the near future to be well preserved. Dial in very good condition. Case in very good condition. Overall in very good condition. The strap of this watch contains endangered species; please see Important Notices for further information. Width 46 mm. Numbered J082/100.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Catalogue Note

Together with a certificate, presentation case, outer packaging, spare strap, setting tools, instructions and guarantee.

In 2007, Panerai released this model, PAM 276, as the firm's first lateral tourbillon model. The balance rotates 360 degrees on a lateral, rather than horizontal, axis. This feature lends a three-dimensional effect for the viewer, who will also be impressed by the rotational speed. The tourbillon completes a full revolution every 30 seconds, moving at twice the speed of a standard one-minute tourbillon. This is indicated by a rotating blue dot on the subsidiary seconds dial.

The present lot is number 82 from a limited series of 100 pieces. In 2008, Panerai replaced this model with PAM 306, which featured a brown dial.