Phillips Racing Pulse New York Auction 12 December 2020 | Panerai Lab-ID Carbotech™ PAM00700 sold for USD 69'300

LOT 45

Panerai Ref. PAM00700
A fine limited edition Carbotech™ double barrel wristwatch with three day power reserve, International Warranty, Certificate, and presentation box. Circa 2017. Diameter: 49 mm.

Estimate

$30,000 - 60,000 
CHF27,000-54,000
€25,300-50,500
HK$233,000-465,000

SOLD FOR $69'300

Manufacturer: Panerai
Year: Circa 2017
Reference No: PAM00700
Movement No: 000116
Case No: T34/50
Model Name: Lab-ID
Material: Carbotech™
Calibre: Manual, cal. P.3001/C, 4 jewels
Bracelet/Strap: Two Panerai rubber straps
Clasp/Buckle: Panerai buckle
Dimensions: 49mm Diameter
Signed: Case, dial, movement and buckle signed
Accessories: Accompanied by Panerai International Warranty Card, Certificate of Limited Edition, 34/50, fitted presentation box with key, and product literature.

Catalogue Essay

Panerai’s “Laboratorio de Idee” is the research and development group within the company dedicated to finding horological inspiration from its own past and combining it with high-technology watchmaking with 50 specialised technician, and designers the group seeks to create timepieces that are of the highest quality, and craftsmanship in the field of horology. Long known for their historic dive and navigational pieces, the brand sought to create new models that were unmistakably Panerai, but with 21st century innovation. A synthesis of their research and ingenuity, in 2017, they released the Lab-ID Luminor 1950 Carbotech™ 3 Days (PAM700).

The Lab-ID was a new creation made with rare, high-tech materials and space-age technical advancements. As a result, the entire movement uses no traditional oils or liquid lubricants of any kind, and impressively, was sold with an unprecendented 50-year guarantee. The 49mm Carbotech™ case is manufactured from carbon fiber using CARBOTECH™ technology – a composite material obtained from compressed, thin sheets of carbon fiber that is extraordinarily strong and durable.

The movement is manufactured with a tantalum-based ceramic composite, which minimizes pivot friction making the need for lubrication unnecessary, while requiring only four jewels. Additionally, the escapement is made from silicon and a special coating, Diamond Like Carbon (DLC), which also eliminates the need for lubrication. The sandwich dial features a carbon nanotube coating, which absorbs nearly all light, making it appear extremely black with a velvety finish. The dial and hands are also illuminated with blue Super-LumiNova, and since printing cannot be performed on the nanotube coating, the words "Luminor Panerai" and “LAB-ID” are uniquely printed directly on the crystal.

Fresh-to-the-market and consigned by the original owner, the present example is in outstanding overall condition. One of a limited edition of 50 timepieces and complete with certificate and presentation box, the LAB-ID is a rarely seen, modern timepiece that is at the forefront of technical advances in horology.

Consigned by the Original Owner