Reference
Panerai Radiomir Platinum
Reference PAM00021 · Platinum
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About this reference
The Panerai Radiomir Platinum PAM00021 was released in 1997 as the first Special Edition produced under Vendôme (Richemont) ownership. Limited to 60 units, this reference features a 47mm platinum cushion case with wire lugs and a screw-down crown. It is powered by a refurbished vintage Rolex Caliber 618 manual-wind movement, the same caliber used in original 1930s and 1940s Radiomir models. The dial is a tobacco brown "sandwich" construction with luminous indices and hands. Due to its historical movement and status as the first modern Panerai precious metal reissue, it is a foundational piece for brand collectors. On the secondary market, the PAM00021 typically commands prices in the low-to-mid six-figure range. A notable auction result occurred in 2023 when an example sold for approximately $125,000, though prices fluctuate based on the presence of the original oversized wooden presentation box and parchment documentation.
Auction track record
4 documented sales since 2012. Top hammer $145,032 at Christie's Hong Kong in 2012. Median hammer: $104,612. Most recent: $127,000 in 2017.
Ranks #9 of 36 Panerai auction lots we track — see all Panerai records.
All documented hammer prices
For this reference (and close variants).
| Lot | Year | Hammer | Venue |
|---|---|---|---|
| PAM00021 · Radiomir Platinum | 2012 | $145,032 | Christie's Hong Kong |
| PAM00021 · Radiomir Platinum | 2017 | $127,000 | Phillips Geneva |
| PAM00021 · Radiomir Platinum | 2015 | $104,612 | Phillips Hong Kong |
| PAM00021 · Radiomir Platinum | 2016 | $100,000 | Christie's New York |
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