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The Top 10 Most Expensive Panerai Watches

Most Expensive, Watches
The Top 10 Most Expensive Panerai Watches

The Top 10 Most Expensive Panerai Watches. In 1860, an Italian named Giovanni Panerai established the Officine Panerai in Florence in Italy. The timepiece company eventually came under the control of his grandson, Guido Panerai. In 1900, the company became the official supplier of watches and precision instruments to the Regia Marina, or the Royal Italian Navy. Panerai only designed and manufactured the cases, while Swiss timepiece companies like Rolex S.A supplied the movement.

From the time of the Fascist government of Benito Mussolini in 1938 all the way up to 1993, Officine Panerai created around 300 watches, all of which were supplied to the Marina Militare of Italy. The partnership ended after naval specifications were changed, which made production of the watch cost-ineffective. Panerai thereafter decided to create timepieces for the civilian market instead.

The Compagnie Financiere Richemont S.A. bought the company in 1997. It has since designed and manufactured some of the most beautiful watches in the world. Despite the change in ownership, the watches have remained strong, solid and stylish. They have also been known to constantly appreciate over time.

Here now is a list of the top 10 most expensive Panerai watches.

 

10. Panerai Luminor 1950 Tourbillon GMT Watch – $127,200

Panerai Luminor 1950 Tourbillon GMT Watch

The Panerai Luminor 1950 Tourbillon GMT Watch has a brown dial and brown alligator bracelet strap. It has a tang clasp type and features manual movement. This extra large watch has a case made of titanium that measures 47 millimeters in diameter and 16 millimeters in thickness. Power reserve can last up to a period of six days. The watch is water-resistant up to a distance of 100 meters. Other features include a tourbillon, fully protected crown-lock mechanism, anti-glare sapphire crystal and a second time zone. The watch also has 31 jewels and Caliber P.2005. it has luminescent hands and Arabic numerals and index hour markers.

 

9. Panerai Specialties Radiomir Tourbillon GMT Titanium Watch – $127,200

Panerai Specialties Radiomir Tourbillon GMT Titanium Watch

The Panerai Specialties Radiomir Tourbillon GMT Titanium Watch has a brown dial and brown alligator bracelet strap. It has an extra large, cushion-shaped titanium case that measures 48 millimeters in diameter and 15 millimeters in thickness. Power reserve can last up to six days. The watch is water-resistant up to a distance of 100 meters. Other features include a transparent caseback, anti-glare sapphire crystal and second time zone.

 

8. Panerai Specialties Luminor 1950 Tourbillon GMT Ceramic Watch – $133,600

Panerai Specialties Luminor 1950 Tourbillon GMT Ceramic Watch

The Panerai Specialties Luminor 1950 Tourbillon GMT Ceramic Watch has a black dial and antique brown calfskin bracelet strap. It has a tang clasp type and features manual-winding movement. This extra large watch has a case made of ceramic that measures 48 millimeters in diameter and 15 millimeters in thickness. Power reserve can last up to a period of six days. The watch is water-resistant up to a distance of 100 meters. There is a 24-hour indicator at 3 o’ clock, fully protected crown lock mechanism and anti-glare sapphire crystal. The watch also features a tourbillon.

 

7. Panerai Specialties Radiomir Tourbillon GMT Pink Gold Watch – $136,800

Panerai Specialties Radiomir Tourbillon GMT Pink Gold Watch

The Panerai Specialties Radiomir Tourbillon GMT Pink Gold Watch has a brown dial and brown alligator bracelt strap. It has a tang clasp type and features manual-winding movement. This extra large watch has a case made of 18-karat pink gold that measures 48 millimeters in diameter and 15 millimeters in thickness. Power reserve can last up to a period of six days. The watch is water resistant up to a distance of 100 meters. The watch also features a second time zone, luminescent hands and Arabic numerals and index hour markers. It also has anti-glare sapphire crystal.

 

6. Panerai PVD Destro Watch – $170,000

Panerai PVD Destro Watch

The Panerai PVD Destro watch is a rare watch that was originally sold in 1998 for $20,000. Only 200 pieces of this watch were ever made. Recent bids for this model have gone up to as much as $170,000.

 

5. Panerai Limited Edition L’ Astronomo Luminor Tourbillon 1950 Equation of Time Watch – $235,000

Panerai Limited Edition L Astronomo Luminor Tourbillon 1950 Equation of Time Watch

The Panerai Limited Edition L’ Astronomo Luminor Tourbillon 1950 Equation of Time Watch is a limited edition watch with only 30 pieces ever made. The watch is the timepiece company’s tribute to the great astronomer Galileo Galilei. Each piece is specially customized for the client, with the watch owner’s hometown engraved at the back just beside a rotating sky chart of the place. The dial has also been designed to display the time of both sunrise and sunset of the home city.

 

4. Panerai Luminor 1950 Tourbillon Equation of Time Watch – $248,400

Panerai Luminor 1950 Tourbillon Equation of Time Watch

The Panerai Luminor 1950 Tourbillon Equation of Time Watch has a black dial and brown alligator bracelet strap. It has a tang clasp type and features manual-winding movement. The case is made of titanium and measures 50 millimeters in diameter and 17 millimeters in thickness. Power reserve can last up to four days. The watch is water-resistant up to a distance of 100 meters. Other features include a tourbillon, fully protected crown-lock mechanism and anti-glare sapphire crystal.

 

3. Panerai Marina Militare Black Seal Watch – $400,000

 

Panerai Marina Militare Black Seal Watch

The Panerai Marina Militare Black Seal Watch is a limited edition watch with only 140 pieces ever made. The PVD case is made of sapphire that measures 44 millimeters. It has a closed caseback and leather bracelet strap. Panerai produced the watch before Richemont bought the timepiece company. Its price in 1997 was only $15,000, but those original 1997 pieces now go for as much as $400,000.

 

2. Panerai Slytech Watch – $400,000

Panerai Slytech Watch

The Panerai Slytech Watch was the watch worn by Sylvester Stallone in the 1997 movie entitled “Daylight.” Only 95 pieces of this watch were ever made. The price originally retailed for only $14,000 back in its original production year. Recent bids have seen potential buyers willing to shell out as much as $400,000 for this model.

 

1. Panerai Kampfschwimmer Watch – $1 million

Panerai Kampfschwimmer Watch1

The Panerai Slytech Watch is the ultimate watch for the avid Panerai follower. Only a few dozens of this model were ever made. The watch features a case designed and made by Panerai but with movement from Rolex.

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