Lot 58
Lot Has Ended


Estimate : USD 55,000 - 80,000


CIRCA: 2005
CASE MATERIAL: Stainless steel
BRACELET / STRAP MATERIAL: Tan calf leather Panerai strap with Panerai buckle in stainless steel
DIAL: Brown
FUNCTIONS: Time only
CALIBER: Angelus SF 240
ACCESSORIES: Panerai presentation box, outer box, cardboard shipping box, presentation box, product literature, guarantee booklet, warranty card, screw driver, presentation box key, hard cover book, "I Mezzi D'Assalto Dela Xa Flottinglia Mas," Panerai specifications sheet on parchment paper, and certificate on parchment paper (dated and signed)

Lot Notes

From a private collection

The condition of lots can vary widely and the nature of the lots sold means that they are unlikely to be in a perfect condition. Lots are sold in the condition they are in at the time of sale.

The case is in excellent condition with few light scratches. The case appears to be unpolished. The watch shows little signs of wear and according to the owner it was worn only a few times carefully. The dial and hands appear to be original and in excellent condition. The movement is in working order at the time of cataloging, consistent with the age of the watch. The movement has not been tested for accuracy. A service is recommended given the age of the watch.

The condition of lots sold can vary widely due to factors such as age, previous damage, restoration, repair and wear and tear. The nature of the lots sold means that they will rarely be in perfect condition. Lots are sold in the condition they are in at the time of sale.

Additional Charge Details

Additional charges, including buyer’s premium, local taxes, shipping expenses, loss damage liability fees, customs duty/import tax, and all other applicable charges will apply. You can view all of the tax, VAT, import tax, and customs duty costs associated with a lot by clicking on Total Cost Calculator under the bid button.


Christie's is required to collect New York sales tax for any property purchased in this sale if (a) either you or your agent (including a contract carrier) collect the property in New York (even if New York is not the final destination) or (b) Christie's arranges shipment of the property into New York State. The amount of New York sales tax varies depending on the location of the shipment within New York State. We recommend that you obtain your own independent tax advice if you have further questions.

For inquiries, please contact Christie’s Client Services at +1 212 636 2002 or +44 (0)20 7839 9060 or by email at watchesonline@christies.com.

Payment Information

You must pay the full amount due (including any additional charges) no later than March 16, 2017. This applies even if you wish to export the lot and an export license is required. You will not acquire title and own the lot until all amounts due to Christie’s have been received by Christie’s in full, cleared funds.
Purchases cannot be delivered to P.O. boxes. If you opt to collect your purchase(s) at the Christie’s location where the property is located, kindly email Christie’s Client Service Center at watchesonline@christies.com to schedule your collection at least 24 hours in advance and to secure any relevant forms. Payment must be made online prior to collection. Collection is only available at the Christie's location where the property currently resides. Should you send someone to collect your purchase(s) on your behalf, please complete a Letter of Authorization and send it to us at watchesonline@christies.com prior to collection. Your representative must present a valid picture ID at the time of collection, such as a driver’s license or passport.

Collection Notice
Due to impending weather in the New York area, collection of property will not be available on Tuesday, March 14th from the Christie's Rockefeller Office.

Lot Essay

In 2005 Panerai released the PAM 203 in a limited edition of 150 pieces. This was a tribute model to the 1950 Luminor 8 day power reserve with the Angelus movement. The present example, complete with box and papers, is number 35. The PAM 203 features the original Angelus 240 movements that were found and refurbished by Panerai for this special edition. This is a great opportunity to own one of the most collectable and coveted modern Panerai watches in excellent condition.

Need Help? Email our Specialists or call +1 212 636 2002 with questions.