Panerai Luminor Submersible Automatic Acciaio

About this reference

The Panerai Luminor Submersible PAM00024 was produced from 1998 until approximately 2017. This reference is significant as the first mass-produced dedicated diver in the Luminor line, featuring a 44mm stainless steel case and a unidirectional rotating bezel. While the standard PAM00024 is steel (Acciaio), the PAM00025 serves as its titanium counterpart. The PAM00024 utilizes the OP III caliber, a modified Valjoux 7750 movement with a 42-hour power reserve and COSC certification. Collectors distinguish between early "A" and "B" series models, which feature polished bezels without minute markers, and later series with brushed, graduated bezels. Current secondary market prices typically range from $4,500 to $6,500 depending on the production year and set completeness. A notable variant is the 1998 "A" series, valued for its tritium dial and T-Swiss-T marking, which precedes the transition to Luminova.