The Panerai PAM00127, also known as the “Fiddy”, is a highly coveted timepiece among watch enthusiasts and Paneristi. It was the first model to feature the “1950” case, which has since become a cornerstone of Panerai’s design language. The PAM00127 is a tribute to the vintage Panerai watches from the 1950s, which were originally designed for Italian Navy divers. Its design is steeped in history, making it a collector’s piece. It was only produced in 1,950 pieces in 2001 only, which adds exclusivity and significant value for collectors. The 47mm stainless steel case, domed sapphire crystal, and the signature sandwich dial create a bold and unmistakable aesthetic that is quintessentially Panerai. PAM00127 has a commanding wrist presence, appealing to those who prefer a bold yet refined watch. The PAM00127 houses the In-house Panerai OP XI movement, which is COSC-certified for precision. While based on the historic ETA/Unitas 6497-2 movement, it’s been modified and decorated by Panerai. It is one of the most iconic models the brand has ever produced. Despite its size, the PAM00127 is surprisingly versatile, pairing well with casual and semi-formal attire. The easily swappable straps allow for a customizable look. If you’re passionate about horology, Panerai’s history, or building a collection with appreciating assets, the PAM00127 is a standout choice. It’s not just a watch—it’s a piece of history and a testament to Panerai’s enduring legacy. One of the most adorning features of this piece is the exhibition case back which transforms it from a bold tool watch to a refined collector’s piece.. The PAM00127 features a sapphire crystal display caseback, offering a clear view of the beautifully decorated movement. This detail is rare for a watch inspired by utilitarian dive tools, adding a touch of luxury. Around the caseback, you’ll find precise engravings, including the limited edition number /1950), which reinforces its exclusivity. This piece is a Fully Collectible and complete set which includes: - Panerai exhibition display Inner & Outer boxes, - Panerai Warranty certificate dated 2003 (the only year the watch was produced) - Panerai warranty Card (Open) - Panerai key for Inner wooden box - Panerai special editions booklets - Unworn Panerai Burgundy leather strap - COSC certificate - Panerai Leather Sleeve - Panerai Cardboard box **Asking- $12,750. This piece used to trade in the 20k range and is still very much collectible. Open to trades on major brands.** **IG- Wrist_Armory**