Five facts and things you did not know about panerai watches

5 Interesting Things & Facts You Did Not Know About Panerai Watches

Today we will be talking about Interesting Things & Facts You Did Not Know About Panerai Watches. Luxury watch brands often have long and varied histories, and Panerai is no exception. With roots over 150 years old and involvement in world events like World War 2, it is safe to say Panerai is no boring…
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Today we will be talking about Interesting Things & Facts You Did Not Know About Panerai Watches. Luxury watch brands often have long and varied histories, and Panerai is no exception. With roots over 150 years old and involvement in world events like World War 2, it is safe to say Panerai is no boring company. 

Interesting Things & Facts You Did Not Know About Panerai Watches

 

1. Beginnings and History of Panerai watches

To understand the watches of Panerai, you first have to understand the history of the company. Going back to 1860, Giovanni Panerai opened his first shop in Florence. This was not only a watch shop and workshop but also the city’s first watchmaking school. 

From here, Panerai would have a rich and notable history, such as being utilized by the Royal Italian Navy throughout much of the latter half of the 20th century. Panerai would open to the international market soon after the turn of the millennium. 

2. The Use of Plexiglass and Diving Watches

When a watch brand has been around as long as Panerai, there are going to be interesting quirks, facts, and tidbits of information to come out over the years about the company. For example, Radiomir, one interesting thing about Panerai’s lines of watches, is that it was the first watch to utilize plexiglass in its design. Plexiglass was more durable than the glass crystals commonly used at the time, which made the Radiomir great for divers in the Royal Italian Navy. 

Early on, Panerai seemed intent on producing the best dive watches they could, to the point where they even used a machine to test how their watches manage seawater. Their focus may have shifted away from diving into luxury brand watches, though they still offer many quality diving watches.

3. Radium in Panerai Watches and German Divers 

Like many other watch brands that have been around for a while, Panerai watches have secrets. One notable secret from Panerai’s past is that the original models of their watches were toxic. Panerai crafted their watches with luminous markings for better visibility, but they used the element Radium, an incredibly radioactive element. 

Panerai watches were not exclusive to the Royal Italian Navy but were also used by German military divers. However, these watches did not see much production and are rare today.  

4. A Partnership With Rolex

Another interesting fact about Panerai watches is that Rolex had a hand in its development. When founder Giovanni Panerai and his son began to look at designing their watches, they utilized Swiss suppliers, most notably Rolex. It was Rolex who helped set in motion Panerai’s prototype of a waterproof watch case with their ideas. 

In 1936, the Royal Italian Navy was given the first Radiomir watch powered by Rolex components. This partnership would not last as it would end in 1956 during a lull in the company’s history. 

5. Watches Sold and Brands In Demand

Panerai is a powerhouse in the luxury watch brand market, selling an estimated 70,000 watches yearly. This is due to some of their more iconic collections like the Bronzo, a watch solely responsible for the current boom of bronze watches in the luxury watch market today. These watches were originally sold at prices ranging from $7,000 and $8,000, but because of their immense popularity, it is not uncommon to see them go for $26,000 and $32,000 plus.

The Bronzo watch and other collections helped Panerai carve its place in the luxury watch market, keeping the company alive and thriving for years to come.

Final Thoughts

Looking back, Panerai has a rich history of ups and downs, firsts and mistakes, but ultimately, incredibly interesting and it with come lots of interesting facts and things about its watches. Many of these company fun facts and watch secrets could fit right in with our history books, and they provide insight into what some may consider just another watch company. 

As always, if you are looking to pawn your luxury watch do contact our watch appraisers for a free consultation at our shop in Mayfair, Central London

 

David Sonnenthal

Founder of the multi-award-winning pawn shop New Bond Street Pawnbrokers, located in Blenheim Street, Mayfair, Central London.

David took an unusual route into pawnbroking, moving into the industry after a successful career in show business. Between the ages of 17 and 26, he worked as a professional actor, appearing in a variety of productions on both stage and screen. In 1996 he even won the prestigious Perrier Award for acting at the Edinburgh Fringe Festival.

His pawnbroking career in London started quite by chance after he discovered the future site of New Bond Street Pawnbrokers during an acting audition in 1999. Immediately seeing the shop s potential, he turned it into a successful pawn shop London business and went on to become one of the UKs top pawnbrokers.

David is a highly respected figure in the pawnbroking industry, winning the National Pawnbroker Associations award five times in 2023, 2022, 2021, 2019 and 2008. Over the course of his 30-year career, he has gained a reputation as one of the pioneers of UK and Londons pawnbroking. He is a regular fixture in the British media, often providing expert advice on market value, and trends in pawnbroking.

Never one to lose touch with his roots, David has even managed to continue his entertainment career as the resident dealer on Channel 4 s popular Four Rooms TV series.

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Constantin Singureanu

Constantin leads our multi-award digital marketing team, with an exclusive focus on delivering the best possible digital experience for our clients, from the moment they reach our website, finding the information they need, and getting in touch, to learning interesting facts about the fascinating world of luxury via our comprehensive blog.

Mariana Vlad

Mariana has been working in the pawnbroking industry since 2014. She enthusiastically embraces her newly found interest in watches. Mariana thoroughly enjoys working with customers, building strong relationships, and over her long and distinguished career she distinguished herself through excellent communication skills, and high personal integrity.

Susana Figueiredo

Having worked in the pawnbroking industry for 20 years, Susana offers a high level of knowledge within the lending sector.  Her expertise is key to the daily business at New Bond Street Pawnbrokers where she ensures that compliance is adhered to. With a keen interest in the satisfaction and experience of our clients, Susana is a huge asset to the team and is a fundamental part of the day to day running of the company.

Employee of the Year – NPA Awards 2021

David Sonnenthal

David Sonnenthal took an unusual route into pawnbroking, moving into the industry after a successful career in show business. Between the ages of 17 and 26, he worked as a professional actor, appearing in a variety of productions on both stage and screen. In 1996 he even won the prestigious Perrier Award for acting at the Edinburgh Fringe Festival.

His pawnbroking career in London started quite by chance after he discovered the future site of New Bond Street Pawnbrokers during an acting audition in 1999. Immediately seeing the shop’s potential, he turned it into a successful pawn shop LOndon business and went on to become one of the UK’s top pawnbrokers.

David is a highly respected figure in the pawnbroking industry, winning the National Pawnbroker Association’s award four times in 2022, 2021, 2019 and 2008. Over the course of his 20-year career, he has gained a reputation as one of the pioneers of UK and London’s pawnbroking. He is a regular fixture in the British media, often providing expert advice on market values.

Never one to lose touch with his roots, David has even managed to continue his entertainment career as the resident dealer on Channel 4’s popular Four Rooms TV series.

New Bond Street Pawnbrokers
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