







Panerai Luminor 1950 3 Days Automatic PAM00312 PAM312, black sandwich dial, 44mm, 2011, Taiwan AD set, 95% new (Traded)
Panerai's watchmaking heritage is rooted in Florence, Italy, tempered by decades of military spirit serving the Italian Navy's special forces. The PAM00312 is one of the most highly regarded models in the Luminor 1950 collection and a milestone in Panerai's era of in-house movements, with each piece serving as a testament to the brand's evolution into a true manufacture.
The 44mm 1950 case features perfect proportions, with its unique streamlined curvature and brushed steel finish on the sides revealing greater depth and detail than the traditional Luminor case. The iconic Lever Lock Crown Protector stands tall on the right, serving as the Luminor series' most recognizable design language, offering both water resistance and visual impact.
The dial features Panerai's signature "sandwich" construction—the upper layer has stencil-cut Arabic numerals and baton hour markers, with luminous material shining through from the lower disc to emit a bright, uniform glow in low-light conditions. The small seconds sub-dial at 9 o'clock and the date window at 3 o'clock radiate a strong vintage military aesthetic.
At its heart beats the Panerai in-house P.9000 self-winding movement, featuring a twin-barrel design that ensures a generous 72-hour (three-day) power reserve, clearly visible through the sapphire crystal case back. This 2011 Taiwan authorized dealer piece comes complete with box and papers, in 95% new condition—an excellent opportunity to acquire a classic limited-production Panerai with an in-house movement.
【Brand Name】: Panerai
【Model Name】: Luminor 1950 3 Days PAM00312 PAM312
【Original Retail Price】: Final discontinued reference price approx. NT$ 243,000
【Accessories】: Complete box and papers
【Warranty Date】: 2011, Taiwan authorized dealer
【Condition】: 95% New
Case Diameter: 44mm
Dial: Black sandwich dial/Arabic numeral markers (6, 9, 12 o'clock)/Baton markers/Luminous hands
Crystal: Scratch-resistant sapphire crystal/Sapphire crystal exhibition case back
Movement: Panerai Calibre P.9000 self-winding/Twin barrel/28,800 vph/In-house Manifattura movement
Functions: Hours, minutes/Small seconds at 9 o'clock/Date display at 3 o'clock/Seconds reset
Material: AISI 316L brushed steel case/Polished steel crown protector/Original black leather strap with additional rubber strap
Water Resistance: 100 meters
Power Reserve: Approx. 72 hours (3 days)
Can be paired with

Panerai Luminor 1950 3 Days Automatic PAM00312 PAM312, black sandwich dial, 44mm, 2011, Taiwan AD set, 95% new (Traded)
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