Christie’s is excited to be able to offer this outstanding limited edition hand-wound dual-time black ceramic tourbillon wristwatch. Accompanied by the full set of accessories, it presents international collectors with the very rare opportunity to obtain a superbly preserved example of this top-level Panerai complication.

Released in 2012, only 100 examples of Panerai ‘Luminor 1950 Tourbillon GMT Ceramica’ were made. Through the domed crystal and display back, the visible hand-wound mechanical, P.2005/B calibre movement is an impressive sight, many of the parts have been galvanically blackened to perfectly complement the black ceramic of the case. The tourbillon, unusually, has a 30-second rotation instead of the more usual one-minute rotation resulting in a visually compelling high-precision movement. The tourbillon’s presence is further highlighted by way of a mirrored plate on the under-side of the movement. This allows the user to view the rotation of the tourbillon carriage from all sides.


The running seconds is positioned at 9 o'clock and features an inner rotating disc with graduated circles that is allied to the tourbillon's rotation and therefore makes its revolution once every 30 seconds for a mesmerizing visual effect. The central GMT hand has a corresponding AM/PM register for the second time zone positioned at 3 o’clock. An impressive power reserve of 6 days is provided by three mainspring barrels, the corresponding power reserve is placed on the movement.

With a diameter of 48 mm, the case is composed of a high-tech aluminium treated by a powerful electrochemical process. The use of ceramic allows the case to remain relatively light for its size and in addition it is five times harder than steel providing extreme hardness and scratch resistance and of course, striking good looks.

Officine Panerai
The company was founded in Florence by Giovanni Panerai in 1860 and became world-famous as the official supplier of precision instruments to the Italian Royal Navy. Today, Panerai’s distinctive and unique minimalist aesthetic drawn from its military past is admired by collectors of haute horology the world over.