Buyer changed his mind, so this is back up for sale.
Panerai Ferrari GMT Alarm model FER00017 in excellent condition with both straps, strap changing tool, and box. Watch is keeping good time and all functions work properly.
$3895 shipped in US
Type: Mechanical Automatic Self-Winding Movement Swiss Made
Caliber: OP XXIV
Power Reserve: 47 Hours
Frequency: 28.800 v/pH
Calendar: Date at 3 o'clock
Country Of Origin: Made in Switzerland
Crown: Screw Down Crown Logowith Grid Pattern on Rim at 2 o'clock and Crown at 4 o'clock for Alarm Function
Band Type: Strap
Band Finish: Matte
Band Material: Alligator Leather and Interchangeable Rubber Strap
Band Color: Black with White Stitching and Red Inside
Width: 24 mm
Length: 9 inches
Clasp: Double Folding Clasp with Push Button
Shape: Square Cushion
Finish: Polished and Brushed
Material: Stainless Steel
Width: 45 mm without crown
Case Length with Lugs: 56 mm
Thickness: 16 mm
Case Back: Screw-Down Sapphire Crystal See-Through
Attributes: Square Grid Design and Ferrari Logo
Hands: Luminescent Baton and Red and Black Hands
Markers: White Tone Arabic Numerals
Woke up on a Saturday morning, and sent Ryan D a couple messages about a Seiko presage enamel. We quickly settled on a price, I sent the payment and it was in the mail less than 3 hours later! Great transaction great seller. Look forward to doing business with him ...
Giovanni Panerai (1825–1897) founded Officine Panerai in Florence, Italy in 1860. By 1900, under the leadership of the founder's grandson Guido Panerai (1873–1934), Officine Panerai had become an official supplier to the Regia Marina (the Royal Italian Navy), supplying watches and precision instruments. Panerai watches of this time consisted of cases designed and manufactured by Rolex SA and movements made by Swiss manufacturer Cortébert.
The Florence-based watchmaker produced wrist-worn diving instruments and, between 1938 and 1970, delivered around 1600 watches (~1000 3646, 24 6152, 36 6154, 500 6152/1, 60 GPF 2/56), most of them to the Italian Marina Militare. Two models, today identified as the "small Egiziano" and the "big Egiziano", were also produced for the Egyptian Navy. By 1970, the company ceased to provide watches to the Marina Militare, as they were neither cost-effective nor met the naval specifications. In 1993 it then moved to launch its products to the civilian market. The actor Sylvester Stallone spotted and bought a Panerai Luminor at a jeweller's shop in Rome in 1995 to wear during shooting of the film Daylight. Stallone ordered a small batch of such watches with his signature on the case back, called Slytech, offering some as gifts to friends. This hugely influenced the resurrection of the brand.