Panerai Luminor 1950 PAM00203

Panerai Reference PAM00203 Luminor 1950 8 Days ‘Angelus’ | A limited edition stainless steel wristwatch with Angelus movement and 8 days power reserve, Circa 2005

Dial: brown sandwich dial Caliber: cal. Angelus SF 240 mechanical, 15 jewels Case: stainless steel, screw down sapphire crystal display back Case number: H083/150, BB 1'171'773, OP 6'624 Size: 47 mm diameter Signed: case, dial, and movement Box: yes Papers: yes Accessories: Panerai presentation box, Limited Edition Certificate dated November 2005, and Specifications paperWidely regarded as one of the most iconic and desirable references by Panerai, the PAM0203 was released in 2005 in a limited edition of just 150 pieces worldwide. It was crafted as a tribute to the legendary 1950 Luminor 8-Day. It houses the Angelus calibre 240 movement — a historical calibre once used in military dive watches issued to the Royal Italian Navy. Originally designed for small 8-day clocks, each movement was meticulously dismantled, inspected, and reassembled by Panerai's master watchmakers over a two-year period. New components were manufactured where needed, making each PAM0203 not just a watch, but a piece of revived horological history. The present example numbered 83 out of 150 pieces is offered in superb condition and comes as a full set, complete with original box and papers. The 47 mm Luminor case, vintage-inspired dial, and '8 Giorni Brevettato' inscription pay faithful homage to Panerai’s mid-century designs, while the storied movement inside speaks volumes about the brand’s dedication to craftsmanship and heritage.