Introduction
Arguably one of the most iconic watchmakers in the industry, Panerai are beloved by their army of passionate collectors, or ‘Paneristi’ as they are known for their larger-than-life timepieces, signature details and rich history as a military-worn dive watch manufacturer. Only coming into the public domain in the 1993, Panerai’s early timepieces are naturally cult classics due to their unyielding character and rich heritage. Offered here we have the stainless steel PAM00049, featuring a white dial with a date function at 3 o’clock and a running seconds subdial at 9 o’clock – a combination that has become emblematic of Panerai’s dial layouts. A smaller watch than Panerai are typically known for, the PAM00049 comes in at a rather wearable 40mm in diameter, which allows it to remain entirely robust and on-task, yet more casual and wearable than most other Panerai models from the same generation.
Loupe This Scorecard
Grade
M 8.5
Status
Vetted & Approved
Included
Box and Papers
Est. value range
$2,000 – $4,000
The Details
Brand
Panerai
Dimensions
40mm
Model
Luminor Marina
Movement
Automatic cal. OP III
Reference
PAM00049
Bracelet
Leather strap
Year
2006
Condition
Very Good
Material
Stainless steel
Included
Watch, box, papers, additional leather strap
Dial Color
White

THE DIAL
Featuring a white dial in a fittingly legible design that highlights Panerai's function over form aesthetic, the PAM049 boasts a date and running seconds subdial that complement its Arabic numerals perfectly.

THE CONSTRUCTION
Featuring the Luminor's robust construction in a toned-down 40mm size with Panerai's signature crown-locking mechanism, the PAM049 wears with the presence that any Paneristi would be familiar with but in a more universally wearable size than the Italian watchmaker's typical 44mm offerings.

TIMING MACHINE READOUT
This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.
Condition
Watch is in very good overall condition. Case exhibits typical wear, with marks and scratches visible along the polished bezel and brushed case and crown guards. Dial near-mint with no signs of wear. Watch comes with additional black calf strap, and is fitted with a deployant clasp.
Please Note: Due to CITES considerations, if the watch is to be shipped outside of the USA, the exotic skin strap will have to be removed.
Our Perspective
On-task and robust yet still more casual and wearable than Panerai were known for at the time, models like the PAM049 are what proved that Panerai didn't need to make all of their watches 44mm in order to still be robust and capable of taking punishment.




















