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Panerai

Italian

The luxury Italian watchmaker Panerai began as a humble watch retail and repair facility opened by Giovanni Panerai (1825–97) in Florence in 1860. By the early 20th century, it had established itself as a major supplier of seaworthy timepieces for the Royal Italian Navy — its Radiomir collection, named for the radium-based paint that was patented by Panerai in 1916 and used on its luminous dials, was especially popular for underwater military missions. Panerai watches are visually distinctive, and the brand's statement-making oversize models are a big hit with today's collectors. 

In 1936, the first Radiomir watch powered by Rolex movements was presented to the Royal Italian Navy’s First Submarine Group Command; this design would go on to become one of the brand’s most iconic models with its luminescent numbers and large cushion-shaped steel case. (Panerai’s name, which is well-known to contemporary watch enthusiasts, is now essentially synonymous with behemoths up to 50mm.) Since then, the brand has introduced numerous models inspired by the ocean to meet the Navy's utility needs.

The Mare Nostrum model, which debuted in 1943, was a two-counter chronograph designed for deck officers. The self-illuminating tritium-based material Luminor was patented in 1949 and replaced the radium-backed Radiomir. The Luminor watches of the mid-century era, which also owed to military contracts, featured an innovative crown-protecting bridge. This is now one of Panerai’s oft-heralded design details.

In 1993, Panerai introduced its watches to civilian buyers. That year, the three designs that debuted to the general public — the Luminor, the Luminor Marina and the Mare Nostrum — saw Panerai effectively reimagining its historical models for the luxury market.

The company, which was acquired by the Richemont Group in 1997, continues to innovate, celebrating its 70th anniversary with a water-resistant diving watch with a luminescent dial inspired by French free-diver Guillaume Néry.

Today, Panerai is on the cutting edge of watch sustainability, with the Panerai Ecologico initiative including the almost entirely recycled Submersible eLAB-ID watch and a series of Luminor Marina models composed of a recycled-based steel alloy. Panerai manufactures its high-end, hand-wound watch calibers in a Swiss facility that opened in 2002, combining Swiss technology with its core elements of Italian design and a long, storied connection to the sea.

Find a collection of Panerai watches for sale on 1stDibs.

Average Sold Price
$6,348
Styles
Related Creators
Iconic Designs from Panerai
Explore timeless pieces that have earned their place in history.
Panerai Luminor Watch
Panerai Luminor Watch
Panerai Radiomir Watch
Panerai Radiomir Watch
Submersible Watch
Submersible Watch
OFFICINE PANERAI Radiomir
By Panerai
Located in New York, NY
Basic Information - Brand: Officine Panerai - Model: Radiomir - Reference: PAM00210 - Movement: Manual Winding, 56 Hour Power Reserve - Case Size: 45MM - Dial: Black, Luminous Hands...
Category

21st Century and Contemporary Panerai

Materials

Stainless Steel

Panerai Luminor Marina PAM00104 Stainless Steel Automatic Men's Watch
By Panerai
Located in Providence, RI
Known for their rigorous testing of timepieces built for the Italian Royal Navy, Panerai watches are a mariner’s dream with casual elegance and sport for this luxury watch. This stai...
Category

Early 2000s Swiss Panerai

Materials

Stainless Steel

Panerai PAM00580 PAM 580 Luminor 1950 3 Days Chrono Flyback 44mm Box Paper
By Panerai
Located in San Diego, CA
Style Number: PAM00580 / PAM 580 Year: 2017 Model: Luminor Chrono Flyback Case Material: Black Ceramic Band: Brown Leather Bezel: Ceramic Dial: Black Face: Sapphire Crystal Ca...
Category

2010s Panerai

Panerai Luminor Marina Carbotech PAM01661 PAM 1661 Box Paper 2021
By Panerai
Located in San Diego, CA
Style Number: PAM01661 Year: 2021 Model: Luminor Marina Carbotech Case Material: Carbotech Band: Nylon Bezel: Carbotech Dial: Black Dal with Blue Numerals Face: Sapph...
Category

2010s Panerai

Panerai Radiomir Officine 45mm Ref. PAM01383
By Panerai
Located in Palm Beach, FL
Pre-owned Panerai ​​Radiomir Officine (ref. PAM01383), featuring the P.6000 caliber hand-wound movement with an approximate three-day power reserve when fully wound; blue dial with luminous Arabic numerals & index hour markers; and 45mm, stainless steel case on a blue calfskin leather strap secured by the Panerai steel...
Category

2010s Swiss Panerai

Materials

Stainless Steel

Panerai Luminor 44mm Steel Ref. PAM00914
By Panerai
Located in Palm Beach, FL
Pre-owned Panerai Luminor wristwatch (ref. PAM00914), featuring the P.5000 caliber hand-winding movement with an 8-day power reserve when fully wound; bl...
Category

2010s Swiss Panerai

Materials

Steel, Stainless Steel

Panerai Radiomir Marina Militare Wristwatch Ref. PAM00587
By Panerai
Located in Palm Beach, FL
Pre-owned Panerai ​​Radiomir "Marina Militare" wristwatch (ref. PAM00587), featuring the P.3000 caliber hand-wound movement with an approximate three-day power reserve when fully wound; black 'sandwich' dial with luminous Arabic numerals; hour markers; transparent, exhibition case back; and 47mm, stainless steel case on an olive calfskin leather strap secured by the Panerai steel...
Category

2010s Swiss Panerai

Materials

Stainless Steel

Panerai Submersible BMG-TECH Ref. PAM00692
By Panerai
Located in Palm Beach, FL
Pre-owned Panerai Submersible BMG-TECH (ref. PAM00692), featuring the P.9010 caliber self-winding automatic movement with an approximate 3-day power reserve when fully wound; blue di...
Category

2010s Swiss Panerai

Browse all Jewelry from Panerai
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Creators Similar to Panerai

More Panerai Designs
Panerai Luminor Watch
Panerai Luminor Watch
Average Price
$9,042
Number Available
10
Panerai Luminor Watch
By Panerai
Styles
Art Deco, Modern
Shop All
Panerai Radiomir Watch
Panerai Radiomir Watch
Average Price
$12,850
Number Available
6
Panerai Radiomir Watch
By Panerai
Shop All
Submersible Watch
Submersible Watch
Average Price
$10,465
Number Available
3
Submersible Watch
By Panerai
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Panerai jewelry & watches for sale on 1stDibs.

Find a range of Panerai jewelry & watches available on 1stDibs. Each of these unique items was designed with extraordinary care, often using steel. We have 237 pieces in this collection as well as a number of other designs by this jeweler. While this collection reflects work that originated over various time periods, most of these items were designed during the 21st century and contemporary. If you’re looking for additional options, many customers also consider jewelry & watches by Movado, IWC, and Jaeger-LeCoultre. Prices for Panerai jewelry & watches can differ depending upon gemstone, time period and other attributes. On 1stDibs, the price for these items starts at $1,000 and tops out at $128,421, while pieces like these, on average, can sell for $7,894.
Questions About Panerai
  • 1stDibs ExpertFebruary 22, 2021
    Depending on what kind of watch you're looking for, one may be better than the other. For instance, if you want a highly functional sport watch, some of Rolex's models may be better for you. That said, the brands' watches are very similar quality-wise. The main difference is their appearances: While Rolex designs more traditional timepieces, Panerai is more contemporary and bold.
  • 1stDibs ExpertAugust 17, 2021
    Panerai is so expensive because it is a revered luxury brand. Panerai timepieces are created from quality materials and the company’s offerings are also associated with reputable production methods. The brand’s innovative watch designs have rendered Panerai a celebrated brand. Shop Panerai watches on 1stDibs.
  • 1stDibs ExpertMay 30, 2024
    Many famous people wear Panerai. Arnold Schwarzenegger is one of the best-known devotees of the Italian watchmaker and frequently sports various Panerai timepieces. Other notable people who have appeared in photographs wearing Panerai watches include Sylvester Stallone, Duane "The Rock" Johnson, Jason Statham, Bob Iger, Brad Pitt, Heidi Klum and Mike Piazza. On 1stDibs, shop a collection of Panerai watches.
  • 1stDibs ExpertNovember 6, 2023
    No, not all Panerai watches are made by Rolex. During the 1930s, Rolex partnered with Panerai and produced a line of watches for the Royal Italian Navy that bore the Panerai name. However, Panerai has been owned by the Richemont Group since 1977 and manufactures its own timepieces. Shop a variety of Panerai watches on 1stDibs.
  • 1stDibs ExpertApril 5, 2022
    Yes, Panerai does indeed make gold watches. Depending on the style, the gold will be mixed with other alloys to create a certain look or to add durability to the gold itself. You can shop a collection of Panerai watches from some of the world’s top sellers on 1stDibs.
  • 1stDibs ExpertOctober 5, 2021
    The price of a Panerai Luminor Submersible wristwatch varies with the model. On the lower end, it will likelyw cost around $3,000 and the price increases with different models. The price range currently on 1stDibs ranges from under $8,000 to over $15,000 for a Panerai Luminor Submersible watch.

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