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lot 29

lot 29

Panerai

Radiomir 1940 Minute Repeater Carillon Tourbillon GMT Oro Rosso (Special Edition)

REFERENCE: PAM00600
CIRCA: 2016
CASE MATERIAL: Polished Goldtech™
CASE DIAMETER: 49 mm
CONDITION: Unworn

Bought-In

Estimate: US$ 200,000 - 300,000

Lot Closed

Lot Details

STRAP: Black alligator leather strap with ecru stitching and polished Goldtech™ deployant clasp
DIAL: Black skeletonized
MOVEMENT: Hand-wound mechanical
CALIBRE: P.2005/MR
FUNCTIONS: Hours, Minutes, Seconds, GMT 12/24H, Power reserve indicator on the back, Local time and Home time Minute Repeater for hours, 10 minutes and minutes, Tourbillon
BOX: Fitted presentation box and outer packaging
PAPERS: International Guarantee, Guarantee booklet
ACCESSORIES: Travel case

Please note this lot is the property of a private individual.

LOT ESSAY
A 2016 Special Edition Panerai timepiece, the Radiomir 1940 Minute Repeater Carillon Turbillon GMT Oro (PAM00600) draws inspiration from Panerai’s nautical roots, marking the passage of time similarly to a ship’s bell. A new hand-wound skeleton calibre fitted with a high-end minute repeater mechanism, the P.2005/MR Manufacture movement powers this unique watch from within its 49 mm case.

A push-piece at 8 o’clock activates the chime which features three hammers that strike an equal number of gongs fixed to the movement and the case. Having three hammers allows the carillon to play melodies, similar to a bell. The first gong indicated the hours with the last indicating the minutes. The second gong triple chimes to indicate the passage of ten minutes instead of the traditional fifteen. The repeater function can be activated for local time and for a second time zone indicated by the central arrow hand on the dial and the am/pm indicator on the counter at 3 o’clock.

Made to order for clients, this remarkable timepiece features a Panerai tourbillon regulator that is visible thanks to the skeleton movement. This provides better acoustic performance and allows the years of sophisticated work that went into creating it to be admired from the front to the back of the case. Officine Panerai has also made it possible to personalize this timepiece, allowing the customer to choose the strap, the hands and other special features, including changing the case from red gold shown above to another material.

Panerai

Officine Panerai (also known simply as Panerai) is an Italian luxury watch manufacturer and a wholly-owned subsidiary of Richemont Group. The company was founded by Giovanni Panerai in Florence, Italy in 1860. Headquartered in Geneva, they manufacture their watches in Neuchâtel, Switzerland using in-house manufactured movements. Notable products include the Luminor and Radiomir wristwatches.

Giovanni Panerai opened up his first watch shop in 1860 which was later expanded by his grandson Guido Panerai.
By 1915, Guido invented gun sights that were illuminated by a radium-226/zinc sulfide powder enclosed in small, hermetically sealed vessels and named them Radiomir based on "radio mire", which is Italian for "radium sights".

Panerai then became the official supplier of technical equipment and precision instrument to the Royal Italian Navy and later develop diving watches in their line for the military between 1935 and 1970 supplying around 1,600 watches during this period.

By 1970, the company ceased to provide watches to the Marina Militare, as they were neither cost-effective nor met the naval specifications, and in 1993 moved to launch its products in the civilian market. Following its acquisition of Panerai, Richemont repositioned Panerai as a luxury watch brand and increased prices.