Radiomir Guido Panerai & Figlio Timepiece PAM01346 Auction Result

by The Balance Coq

  • November 6, 2023

A new chapter was etched in the pages of Panerai history on November 3rd as the one-of-a-kind Radiomir Guido Panerai & Figlio timepiece was sold at a notable final price at Phillips in Association with Bacs & Russo, during The Geneva Watch Auction: XVIII at La Réserve Genève. This 1-of-1 model, a peculiar reinterpretation of Panerai’s emblematic Radiomir, captivated bidders and fetched a record sum of CHF 355,600 (USD 392,121; € 369,006) including buyer’s premium, highlighting its historical value.

“We witnessed an incredible moment at the auction in Geneva, as watch enthusiasts and collectors acknowledged the heritage encapsulated in the Radiomir Guido Panerai & Figlio.  The remarkable sale price affirms the timepiece’s worth and is also a nod to Panerai’s dedication to preserving our rich history.”

Jean-Marc Pontroué, CEO of Panerai

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AngelusSummary

All proceeds will benefit the Intergovernmental Oceanographic Commission of UNESCO (IOC-UNESCO) strengthening the partnership to develop ocean literacy activities as part of the UN Decade of Ocean Science for Sustainable Development (2021-2030).

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