View full screen - View 1 of Lot 236. Panerai Marina, Reference 5218/203A | A PVD-coated stainless steel  wristwatch | Circa 1995.

Panerai

Panerai Marina, Reference 5218/203A | A PVD-coated stainless steel wristwatch | Circa 1995

Lot Closed

November 11, 01:35 PM GMT

Estimate

12,000 - 24,000 CHF

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Lot Details

Description

Dial: black

Calibre: cal. UT6497 manual winding, 17 jewels

Case: coated stainless steel, screw down case back

Case number: 0'023

Closure: Panerai brown calf leather strap and coated stainless steel buckle

Size: 44 mm diameter

Signed: case, dial and movement

Box: no

Papers: yes

Accessories: Panerai Warranty card, spare strap and buckle, hang tag and tool

The Panerai Luminor Marina Ref. 5218/203A is among the earliest civilian models produced following the brand’s transition from military supply to public sale. Presented in a PVD-coated stainless steel case, the watch captures the rugged utilitarian aesthetic that defines Panerai’s heritage. Produced in limited numbers, this reference has become highly sought after for its historical importance and distinctive presence on the wrist.