Panerai

• cal. OPXVIII automatic nickel lever movement, 31 jewels, mono-metallic balance • black textured dial, luminescent indexes and hands, 3 subsidiary dials for 30-minute, 12-hour registers and constant seconds, outer tachymeter scale • cushion-form case, two chronograph pushers and split second pusher in the band, sapphire crystal display back • case, dial and movement signed • with a stainless steel Panerai double deployant clasp

Movement and split chronograph are in working order while cataloguing, the movement has not been tested for accuracy of time keeping and a service might be needed at buyer's expense. Specks of dust to the dial, clean in general. No visible blemishes to both case and buckle. No signs of use. Excellent overall condition.
"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."

With a colorful and fascinating history with Italian Military Navy, Panerai enjoys its long standing relationship with sailing culture and the sea.  In 2005, Panerai partnered with CIM International Committee for the Mediterranean and AIVE, the Italian Classic Yachts Association, successfully launched the Panerai Classic Yachts Challenge. Since its debut, the Panerai Classic Yachts Challenge has expanded to include ten of the world’s most prestigious classic yacht regattas, divided into two circuits – Mediterranean and North American – which are joined by two independent regattas: the Antigua Classic Yacht Regatta and the Panerai British Classic Week. Each year, the brand introduces a special edition Regatta watch to celebrate this sponsorship.  This season we are delighted to offer these remarkable Regatta watches of the 2006 (lot 2005) and 2007 (lot 2004) editions.