• cal. P2005 manual winding nickel lever movement, 31 jewels, mono-metallic balance rotating within a double-axis tourbillon carriage • black matte dial, luminescent Arabic and baton indexes, luminescent hands, black second time zone hand with luminescent, 2 subsidiary dials for 24-hour indicator and constant seconds with tourbillon cage speed indicator, 6-day power reserve indicator and tourbillon carriage visible through the case back • stainless steel case, patented crown guard, screw-down sapphire crystal display back • case, dial and movement signed • with a stainless steel Panerai buckle

Movement and all functions are in working order while cataloguing. Dial is clean and intact. Very light hairlines to the bezel and case back, clean in general. Light signs of polishing. Buckle with light signs of use. Overall condition is very good. **The strap of this wristwatch is made from an endangered species, please refer to important notices for further information**.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

With a Panerai presentation box.

Introduced in 2007 the PAM00276 was the company’s first lateral tourbillon model, unconventional in design the balance is rotated through 360 degrees upon the lateral axis instead of horizontal. With a fast rotation of 30 seconds per revolution the position of the carriage is indicated by a rotating blue dot within the seconds dial. Housed in the classic ‘1950’ case the movement is fitted with 3 barrels allowing for 6 days power reserve and GMT function.

The PAM276 was replaced by the PAM306 with brown dܫial in 2008.