Phillips Hong Kong · 2020

Panerai — Luminor Marina Militare

Reference 6152/1 · Stainless Steel

$211,270

≈ CHF186k · €194k · £167k · HK$1.65M · ¥32,958,120

About this lot

An exceptionally rare oversized diver's watch with a 'tropical' dial and the iconic crown-protecting device, issued to the Italian Navy.

Ranks #4 of 36 Panerai auction lots we track (top 11%) · #434 of 1,119 documented luxury watch sales overall (top 39%) · all Panerai records →

Source: https://www.phillips.com/detail/panerai/HK080220/875

Other documented Panerai auction lots

ReferenceModelHammerYearVenue
PAM01346 Radiomir Guido Panerai & Figlio $391,000 2023 Phillips Geneva
6154 Radiomir 'Small Egiziano' $326,500 2012 Christie's New York
6152-1 Luminor Marina Militare $272,222 2014 Christie's Geneva
GPF 2/56 Radiomir 8 Giorni Brevettato 'Egiziano' $178,000 2020 Phillips Hong Kong
GPF 2/56 Radiomir 'Big Egiziano' $163,333 2015 Christie's Geneva
3646 Radiomir $161,000 2013 Christie's New York

Comparable lots in this hammer band (cross-brand)

Other watches sold within ±35% of $211,270, excluding Panerai.

Brand · ReferenceModelHammerYearVenue
Urwerk
UR-CC1
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Richard Mille
RM30-01 TI
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Zenith
03.L384.400/20.M384
Chronomaster Revival Lupin The Third Unique Piece $210,000 2020 Phillips Geneva
MB&F
60.SPL.B
Horological Machine No. 6 Sapphire Vision (HM6-SV) $209,550 2025 Christie's New York
Greubel Forsey
Double Tourbillon 30° Technique
Double Tourbillon 30° Technique $213,032 2016 Phillips Hong Kong
Breguet
Type XX
Type XX No. 499 $213,716 2025 Phillips Geneva

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