4/12/2011

Vintage Panerai Radiomir Mare Nostrum At Christie Auction

Stainless steel / manual winding movement / hours, minutes, seconds / chronograph / luminous hour markers / produced in 1943 / sapphire crystal glass face

On September 28, 2005, a vintage Panerai Luminor Marina Militare was auctioned at a high price at Antiquorum that was held in New York, in November of this year, Panerai created a new record at Christie auction, the vintage and historic Radiomir Mare Nostrum was sold out at the price of CHF 132,000(about NT$ 3,370,000).

Panerai has started to design professional wrist watches for Italian commandos since 1938. In 1943, the first Panerai chronograph watch Mare Nostrum was born, it was specially designed for those civilian officials on the deck. The name of Mare Nostrum came from the torpedo timer, the watch was only a test item, because it was during the World War II(1939-1945), Mare Nostrum was not put into production, until 50 year later, it just came out. In 1993, the military contract between Panerai and Italian Navy expired, after one year, Mare Nostrum was officially introduced to the general consumers. At the Christie auction in this year, the Mare Nostrum was exactly the test item that was produced in 1943, its historic significance made it more precious.

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