PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008
PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008
PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008
PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008
PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008
PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008
PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008
PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008
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PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008

Estimate: 30,000 - 50,000 USD

PANERAI | LUMINOR 1950 REFERENCE PAM 203, A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008

Estimate: 30,000 - 50,000 USD

Lot Sold:40,000USD

Lot Details

Description

A Private Collection of Rare and Important Pre-Vendome Panerai


PANERAI


LUMINOR 1950 REFERENCE PAM 203

A RARE OVERSIZED STAINLESS STEEL LIMITED EDITION CUSHION FORM WRISTWATCH WITH 8 DAY POWER RESERVE CIRCA 2008


Dial: black sandwich dial

Caliber: Angelus cal. 240 manual winding, 15 jewels

Case: stainless steel, screw down sapphire back

Case number: No. 73/150

Closure: stainless steel Panerai buckle

Dimensions: width 47 mm

Signed: case, dial and movement

Accessories: Panerai presentation box with outer packaging, One book by Marco Spertini & Erminio Bagnasco, certificates, and guarantee card. Together with one screw driver, and booklets


Please note that bidders are required to provide two forms of government issued photo identification and proof of address. For certain lots, deposits may be required. Sotheby’s has sole discretion to request deposits and cancel bids if requirements are not met by bidders.

Condition Report

CASE

Case in overall excellent condition with light wear. Left side case band with some small scuffs under close observation. Upper left lug with some wear and very faint marks. 

DIAL

Dial in excellent condition. 

MOVEMENT

The movement is running at time of cataloging, however it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement.


The lot is sold in the condition it is in at the time of sale. The online condition report is provided to assist you with assessing the condition of the lot and is for guidance purposes only. The images of the lot also form part of the online condition report for the lot provided by Sotheby's. Any reference to condition in the online condition report does not amount to a full description of condition. The online condition report may make reference to particular imperfections of the lot but you should note that the lot may have other faults not expressly referred to in the online condition report of the lot or shown in the online images of the lot (for example, the online condition report 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. The online condition report may not refer to all faults, restoration, alteration or adaptation because Sotheby's is not a professional conservator or restorer but rather the online condition report is a statement of subjective, qualified opinion genuinely held by Sotheby's (for example, information regarding colour, clarity and weight of gemstones are statements of opinion only and not statements of fact by Sotheby's). Please also note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and wrist bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. In addition, certain images of the lot provided online may not accurately reflect the actual condition of the lot (for example, the online images may represent colours and shades which are different to the lot's actual colour and shades). For these reasons, the online condition report is not an alternative to taking your own professional advice regarding the condition of the lot. Prospective buyers should also refer to the Buying at Auction guide which includes important notices concerning the type of property in this sale. 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. Please be advised that wristbands 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. NOTWITHSTANDING THIS ONLINE CONDITION REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS (ONLINE ONLY).

Cataloguing

Catalogue Note

The PAM 203 was made in a limited production of 150 pieces and it is said that the President of Panerai personally selected the fortunate collectors that were offered the opportunity to purchase this special timepiece. The PAM 203 houses the legendary 60 year old Angelus SF caliber 240 movement. Panerai spent two years refurbishing and upgrading the movements in preparation for production of the PAM 203. This piece is most certainly one of the most exclusive of all Panerai watches made in the past decade.

Watches Online
Online bidding closed02 Apr 2019 | 05:54 PM GMT