Panerai Luminor Marina Automatic 40mm
Panerai is a niche market. Make sure you have networked with other people who own Panerai watches to help you move this model faster, as it is one of the more popular models traded within the brand. Your best chance to move this watch quickly is to have both the leather and caoutchouc rubber straps, preferably at least one buckle for both.
OEM box for this model was the smaller box that held the two tools on the side to easily change the straps. Anything else is an aftermarket box and not OEM.
Preferably you want to have a Panerai buckle as the folding clasp tends to be more uncomfortable to wear, especially when in water.
These tend to trade between the 3.1K - 4K range. Your market is going to be niche so expect to hold on to this piece a little more if you do not trade Panerai often or at all.
A good way to move this piece is to also seek out someone who does trade Panerai more frequently, and ask for help brokering your piece. They tend to have a well established network and can get it sold much faster.
More About The Luminor Marina
The Panerai Luminor Marina Automatic 40mm ref. PAM00048 is a remarkable timepiece that is both elegant and functional. Released in 2002, this watch has quickly become one of Panerai's most popular models due to its striking design and impressive specifications.
In this blog post, we will take a closer look at the history of the Panerai brand, the global crisis it tried to remedy in 1992, and how the Luminor Marina Automatic 40mm ref. PAM00048 is an outstanding example of Panerai's commitment to innovation, style, and quality.
The History of Panerai
The Panerai brand has a rich history that dates back to 1860 when Giovanni Panerai opened his first watchmaker's shop in Florence, Italy. In the early days, the company focused on creating precision instruments such as compasses and depth gauges for the Italian Navy. Later, Panerai began designing and manufacturing wristwatches for the Navy's frogmen.
Panerai became a legend in the watch industry thanks to its innovative designs and high-quality timepieces. The company's military-inspired watches were rugged, durable, and highly functional. However, Panerai was a relatively small and obscure brand until it was acquired by the Richemont Group in 1997.
The Global Crisis of 1992
In 1992, the Swiss watch industry was facing a significant crisis. The rise of quartz watches in the 1970s and 1980s had severely impacted the traditional mechanical watchmaking industry. Swiss watch manufacturers were struggling to compete with the Japanese, who were producing cheaper, more accurate quartz watches.
Panerai was not immune to the crisis. The company's sales had plummeted, and it was on the brink of bankruptcy. However, instead of giving up, Panerai decided to take a bold step forward by introducing a new line of watches that would revolutionize the industry.
The Luminor Marina Automatic
The Luminor Marina Automatic was one of the first watches introduced by Panerai after the Richemont Group's acquisition. This timepiece represents a significant milestone in the history of the brand and the Swiss watch industry as a whole.
The Luminor Marina Automatic 40mm ref. PAM00048 features a stainless steel case that measures 40mm in diameter. The watch is powered by an automatic movement that is based on the reliable ETA 2892-A2 calibre. The movement has a power reserve of 42 hours and is visible through the sapphire crystal case back.
One of the most striking features of the Luminor Marina Automatic 40mm ref. PAM00048 is its iconic design. The watch has a black dial with luminous hour markers and hands, which make it easy to read in low-light conditions. The trademark crown protector, which was originally designed to protect the crown from accidental impacts, gives the watch a distinctive look.
The Luminor Marina Automatic is also water-resistant up to 300 meters, making it ideal for diving. The watch comes with a black leather strap that is both comfortable and durable.
The Panerai Luminor Marina Automatic is a remarkable timepiece that is both elegant and functional. It represents a significant milestone in the history of the Panerai brand and the Swiss watch industry as a whole.
Released in 2002, the Luminor Marina Automatic is an outstanding example of Panerai's commitment to innovation, style, and quality. It is a tribute to the brand's military heritage and a testament to its ability to adapt and thrive in a challenging industry. If you're in the market for a high-quality timepiece that combines style and functionality.