Panerai

• cal. P.2005 manual winding nickel lever movement, three barrels, 31 jewels, mono-metallic balance rotating within a one-minute tourbillon carriage • black dial, luminescent Arabic and baton indexes, luminescent hands, black luminescent second time zone hand, 2 subsidiary dials for am/pm indicator and constant seconds, 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 titanium Panerai buckle

Manual winding movement and tourbillon in working order when cataloging. Dial is very nice and clean, in very good condition. Case with a few very light hairlines around the bezel, otherwise very clean. Overall in very good condition. Case numbered OP6737, BB1320525 and K026/150. *Please note the movement has not been tested for time keeping and a service might be required at the buyer's expense.
**Please note that this lot does not come with original strap.
"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, tool and presentation box.

In 2008 Panerai replace PAM 276 steel version with a lighter version –PAM 306 Luminor 1950 Tourbillon GMT Titanio. Featuring Cal. P 2005 movement with fast rotation lateral lever tourbillon carriage, the updated version retained the retro 1950 design with a titanium case and a dark tobacco brown dial. Cal. P 2005 was the company’s first lateral tourbillon, unconventional in design, the balance is rotated through 360 degrees upon the lateral axis instead of horizontal. With a rotation of 30 seconds per revolution the position of the carriage is indicated by a rotating dot within the seconds dial. The movement is fitted with an impressive triple-barrel system, allowing for 6 days power reserve and GMT function. The tourbillon is visible through sapphire crystal display back as an effort of the brand to preserve the simplicity and readability of the dial.