Lot 197
  • 197

Panerai / Rolex

Estimate
60,000 - 80,000 USD
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Description

  • A Rare Stainless Steel Cushion-Form Military Diver's WristwatchRef 6152/1 Case 124563 Luminor Circa 1955
  • stainless steel, leather strap
  • width 45 mm, thickness 19 mm
• Rolex cal. 618 manual winding nickel lever movement, 17 jewels, some carried in chatons, anti-magnetic cover • patinated sandwich dial, baton and Arabic indexes, gold luminous hands • large stainless steel polished case, domed crystal, screw down case back, patented crown guard • dial signed Panerai, case and movement signed Rolex

Condition

Movement running at time of cataloguing, however it was not tested for the accuracy of time and may need service at the buyer's discretion. Case in good condition with some wear and scratches on the lugs, slight pitting to the crown guard and case back. Dial in excellent patented condition. Please note that the case back is a replacement Ref. 6152/1 With additional straps. The strap of this watch contains endangered species; please see Important Notices for further information.
"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

In the early 1950s, Ref. 6152 replaced Ref. 3646, the first Radiomir Panerai produced by Rolex on behalf of Officine Panerai. The Florence-based company had received a commission from the Royal Italian Navy to produce a military-grade wristwatch which not only would keep exact time, but would also withstand severe elements.

The Ref. 6152/1 distinguishes itself from Ref 6152 in that its case is slightly larger and is therefore able to carry either the Rolex cal. 618 or the Angelus cal. 240. It is estimated that in total, 300 examples of Ref. 6152/1 were created. Although the crown guard seen on the present example can be found on Panerai wristwatches beginning in the 1940s, the patent for this iconic design element was not issued until 1955.

This particular example of the reference 6152/1 has an extremely attractive and evenly faded dial, crisp shoulders and well-defined edges to the case back.

For an example of Ref. 6152, no. 124765, see Goldberger, J., pp. 32-33.