6 Most Expensive Panerai Watches in the World

Which are the most expensive Panerai watches in the world?

If you are passionate about elegant, luxurious watches and truly rare pieces, then you have come to the right page. Before we show you the list of the most expensive watches ever sold from the world famous brand Officine Panerai, we’ll tell you a little more about the brand itself and their watches.

We are all familiar with the saying “works like a Swiss watch” that means that something runs or works perfectly. And Panerai watches don’t only have the best Swiss manufacturing technology but also the best Italian design. Could there be any better combination than the Italian design and the Swiss technology when it comes to watches? I don’t think so. It is no wonder that these watches are so expensive and that many famous people are proudly wearing them. Did you know that Sylvester Stallone helped them gain popularity by purchasing one for filming his movie “Daylight”? And he bought it without any marketing tricks, but just because he liked them. Oh, well – who wouldn’t like them?

Other celebrities that were noticed to wear Panerai watches are Brad Pitt, Hugh Grant, Bill Clinton, Russell Crowe, Pierce Brosnan, Heidi Klum, and many more. If these watches are good enough to suit their famous luxurious style, why they wouldn’t be good enough for you? Because of the price? Probably. But keep in mind that not all of the Panerai watches are expensive like those unique pieces on our list. They have so many models that we are sure you’d find the one that would perfectly match both your taste and pocket depth.

Charlesimage/Shutterstock.com

Charlesimage/Shutterstock.com

Officine Panerai is a brand with a long-standing tradition. In 1860, Giovanni Panerai opened a watchmaker shop in Florence, that was at the same time first watchmaking school in the city. The shop developed very quickly, and they soon started creating special watches for military needs, adding radium-based powder that made the instruments “glow”. Good visibility and waterproof capabilities made a perfect combination and a breakthrough for the Panerai name in the watch industry. And that is the origin of the Radiomir-named Panerai watches, in case you were wondering. Adding radium-based powder was not the only thing Panerai invented, they certainly didn’t stop there. They continued to develop new features and worked hard to answer the needs of their loyal customers, and that’s why they are still one of the best watchmaking companies in the world.

If you are a true watch enthusiast, then you are probably interested in checking out our other article on Most Expensive Tag Hauer watches.

We gathered the information about the most expensive Panerai watches in the world from many different sites that have covered various auctions where Panerai watches were sold, because those “old timers” are the ones that top this list. Those watches, made around the middle of the 20th century, are the ones that have won the hearts of collectors and reached the highest prices. So, finally, these are the most expensive Panerai watches ever sold, according to our sources:

6. Luminor 18K White Gold

Price: $247,100
When there is gold, there is the price. This beautiful Panerai watch is not only elegant but practical – it is water-resistant up to 100 meters. More infromation about the least expensive Panerai watch on this list you can find on their official website.

5. Rolex made for Officine Panerai

Price: $266,667
When there is “Rolex” in the name, you can expect a good price. Nevertheless, this stainless steel cushion-shaped diver’s wristwatch is not that expensive when you look at the rest of the most expensive Panerai watches in the world. If you are interested to know more about this amazing Panerai watch go to this page.

4. Titanium experimental prototype of a diver’s wristwatch

Price: $292,402
This watch was sold with special technical drawings of the watch, made and signed by Alessandro Bettarini, former chief of their drawing room and mechanical engineering section. Maybe they added to the price. On Christie’s you can find more about the entire package.

3. Radiomir – Stainless Steel Cushion-shaped Diver’s Writs Watch “Small Egiziano”

Price: $326,500
A watch designed to suit the needs of the Egyptian Navy, with the Rolex movement technology. Hence the price. For more detailed overview of this navy-special watch go here.

2. Rolex made for Officine Panerai

Price: $358,000
Rolex, Panerai, stainless steel, a rare and old piece, water resistant, black lacquer “California” dial – all in one. Are you really that surprised about the price? Then check its detailed description.

1. Stainless Steel Luminor

Price: $478,000
This watch was made in 1955, and then 60 years later at the Sotheby’s auction “important watches” it truly justified the epithet “important” as the most expensive Panerai watch in the world.  More information about this unique watch that broke a sale record you can find on the official Panerai website.