Update: Last week, Panerai’s one-of-a-kind Radiomir Guido Panerai & Figlio timepiece found its new home at the prestigious Phillips’ Geneva Watch Auction: XVIII event. This exceptional reference, steeped in historical significance, set a groundbreaking record with a jaw-dropping sale price of 355,600 CHF (equivalent to about $392,121 USD).
“We bore witness to a mesmerizing moment in the heart of Geneva, where horology aficionados and collectors paid tribute to the rich legacy encapsulated within the Radiomir Guido Panerai & Figlio. The staggering sale price underscores the timepiece’s intrinsic value and salutes Panerai’s unwavering commitment to safeguarding our heritage,” shared Jean-Marc Pontroué, Panerai’s visionary CEO.
The entirety of the proceeds, including Phillips’ Buyer’s Premium, has been generously earmarked for the Intergovernmental Oceanographic Commission of UNESCO (IOC-UNESCO).
Original: Panerai has introduced a fresh interpretation of the iconic Ref. 3646 from the 1960s, known as the Radiomir Guido Panerai & Figlio reference. This unique timepiece graced the stage at the Geneva Watch Auction: XVIII, in partnership with the esteemed Phillips auction house.
From craftsmanship and aesthetics to its intricate inner workings, this horological gem pays homage to Panerai’s rich heritage and storied history. The timepiece faithfully incorporates numerous distinctive features, such as the imposing 47mm sandwich dial, rugged welded lugs, the revered Marina Militare logo, and the timeless Officine Panerai inscription—all paying homage to its source of inspiration. Completing its classic allure, the watch boasts a vintage oiled calf leather strap in a warm brown hue, adorned with gold-toned topstitching that mirrors the color of the indices and handset on the dial.
At the core of this reference resides the legendary Angelus SF240 caliber, a rare and historically significant movement retrieved from the Maison’s archives. With an impressive 8-day power reserve, this timepiece is not only a masterpiece but also a resilient companion, capable of braving depths up to 50 meters beneath the surface.
“This exclusive timepiece breathes life into a pivotal chapter of our illustrious heritage, celebrating our rich history through the legendary Angelus caliber. Our collaboration with Phillips, coupled with its support for the UNESCO cause, mirrors our steadfast dedication to pushing the boundaries. We are elated to witness the celebration and embrace of our historical legacy and technical prowess,” expressed Jean-Marc Pontroué, Panerai’s dynamic CEO.