Panerai

• cal. P.2005 manual winding nickel lever movement, three barrels, 31 jewels, mono-metallic balance rotating within a double-axis tourbillon carriage • black dial, luminescent Arabic and baton indexes, luminescent hands, black luminescent second time zone hand, 2 subsidiary dials for 24-hour indicator and constant seconds with tourbillon cage speed indicator, 6-day power reserve indicator and tourbillon carriage visible through the case back • stainless steel case, patented crown guard, screw-down sapphire crystal display back • case, dial and movement signed • with a stainless steel Panerai buckle

Manual winding movement and tourbillon in working order when cataloging. Dial is very nice and clean, in very good condition. Case with some surface scratches and a few noticeable scuffs to the bezel and case back, a few very minor and tiny dents to the edge of bezel. Overall in good condition. Case numbered J031/100, BB 1260010 and OP6709. Please note that the movement has not been tested for the accuracy of time keeping and a service might be required at the buyer's expense. **The strap of this wristwatch is made from an endangered species, please refer to 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."

With a Panerai special edition certificate, guarantee certificate, screwdriver and presentation box. 

In 2007, Panerai released this model, PAM00276, as the firm's first lateral tourbillon model. The balance rotates 360 degrees on a lateral, rather than horizontal axis. This feature lends a three-dimensional effect for the viewer, who will also be impressed by the rotational speed. The tourbillon completes a full revolution every 30 seconds, moving at twice the speed of a standard one-minute tourbillon. This is indicated by a rotating blue dot on the subsidiary seconds dial.

The present lot is number 31 from a limited series of 100 pieces.