Lot 41
  • 41

Panerai

Estimate
16,000 - 22,000 USD
bidding is closed

Description

  • A RARE CERAMIC CUSHION-FORM AUTOMATIC WRISTWATCH WITH DATE PAM00508 NO P0258/1000 LUMINOR SUBMERSIBLE CERAMICA CIRCA 2014
  • unmarked leather, ceramic
  • diameter 47 mm
• cal. P. 9000 automatic nickel lever movement, 28 jewels, mono-metallic balance • black dial, luminous dot indexes, subsidiary seconds, aperture for the date at 3, luminous sword hands • black matte ceramic cushion-form case, rotating bezel with luminous 12 and quarter indications, patented crown guard, blackened titanium screw down case back • case, dial and movement signed • with a blackened titanium Panerai  buckle

Condition

Movement running at time of cataloging, however not tested for the accuracy of time and may need service at the buyer's discretion. Case overall in excellent condition. Dial in excellent condition. The present lot contains endangered species which is subject to restrictions upon international export. Accordingly, the strap for this item will be removed prior to shipment outside the United States.
"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

Accompanied by a presentation box, certificate of authenticity, 2 booklets, and polishing cloth. 

The Panerai 508 was introduced in 2013 and was the first Panerai Submersible to be offered with an all ceramic, 47 mm, case. The 508, with its striking matte black case and faux-patina markers, quickly sold out of its 1,000 units. The present 508 is the first example to be brought to auction.

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