Panerai Luminor 1950 Submersible PAM 00243 - Stainless Steel, Black Dial, Full Set (2010)

Brand	Panerai
Model	Submersible
Reference	PAM 00243
Year	2010
Condition	Excellent
Set	Box & Papers
Location	Tallinn, Estonia
Movement
Type	Mechanical (Automatic)
Caliber	OP III
Power Reserve	42h
Jewels	21
Case
Material	Stainless Steel
Size	44 mm
Thickness	18.2 mm
Water Resistance	1000m
Bezel	Steel, Unidirectional
Crystal	Sapphire crystal
Dial	Black
Bracelet / Strap
Material	Rubber
Color	Black
Clasp	Buckle
Bracelet Length	Fits up to 21 cm wrist
Functions
Features	Date
Service History
Last Service	28.08.2025 by in-house certified watchmaker

The Panerai Luminor 1950 Submersible PAM 00243 is one of the most iconic modern Submersibles, combining Panerai’s unmistakable DNA with serious professional diving credentials. Built within the legendary Luminor 1950 case, this reference is a true tool watch designed for extreme underwater conditions, boasting 1000 meters of water resistance, ISO 6425 certification, a helium escape valve at 9 o’clock, and Panerai’s patented crown-lock bridge for ultimate security.

This particular example is especially desirable for collectors. According to its COSC certificate, the movement was tested and certified in 2008, and based on the engraving on the caseback and international guarantee card, it is part of a limited edition of only 700 pieces worldwide. Furthermore, it features a Tritium dial (marked “T SWISS MADE T”), which develops a warm vintage glow over time—a rare and highly sought-after detail.

The 44 mm stainless steel case is paired with a unidirectional diver’s bezel and a black dial with luminous markers, small seconds at 9 o’clock, and a date at 3 o’clock with cyclops magnifier integrated under the sapphire crystal. The case measures approx. 17 mm thick, housing the robust COSC-certified OP III automatic calibre (based on ETA 7750), renowned for its reliability.

This watch, officially sold in 2010, is in very good condition and was fully serviced in August 2025 by our in-house Omega-certified watchmaker. The service included a complete overhaul of the movement and full water-resistance testing, ensuring flawless operation and dive-ready performance.

It comes as a full set, including the original outer box, presentation box, strap-changing tool, screwdriver, manual booklet, guarantee booklet, COSC certificate (2008), Panerai tag stickers, international guarantee certificate dated 28.07.2010, and the original receipt from an official Panerai boutique dated the same day. The set also includes both the original rubber strap (fits up to 21 cm wrist) and an unworn Panerai Velcro diving strap (fits up to 21 cm wrist).

The PAM 243 has become one of the most collectible modern Submersibles, with its Tritium dial, limited 700-piece production, and complete provenance making it a standout piece for serious Paneristi and collectors of professional dive watches.

All watches are shipped free of charge via DHL Express with full insurance. Dispatch is arranged within 0–2 business days after your payment has been received in our bank account. On average, delivery takes 1–2 business days within the EU, 2–4 business days to the USA, and 2–4 business days worldwide. The watch is located in the European Union (EU). Buyers are responsible for any duties and taxes for watches shipped internationally (outside the EU). We do not ship on weekends. For security, delivery is made only to the person named on the order. A valid ID and the tracking number, provided prior to shipping, will be required upon receipt.

Watches are eligible for return or refund within 14 days from the date the package is delivered. All returned watches will be thoroughly inspected for any signs of wear, tear, or damage. Any such signs may negatively impact the customer’s refund. Refunds are issued to the original payment method used at the time of purchase. All watches are delivered with a transparent protective tape and a secure seal that does not obstruct inspection of the watch. If the tape is removed or the seal is broken, returns will not be accepted. In the unlikely event that a return package goes missing during transit, insurance claims will be processed, and a refund will be issued only upon completion of the insurance claim.

Every timepiece from PASHA WATCHES is backed by our commitment to quality and authenticity. We provide a one-year limited warranty on all pre-owned watches and a six-month limited warranty on vintage timepieces (over 25 years old).

Our warranty covers defects in materials and workmanship under normal use. It does not cover water or moisture damage, natural wear and tear, accidental damage, or issues caused by misuse or improper handling. The warranty also excludes external components such as the bracelet, glass, dial, hands, pushers, crown, and bezel, as well as any work performed by unauthorized service providers.

While we take every measure to ensure reliability, water resistance is not guaranteed on vintage watches, unless explicitly stated in writing.

Every PASHA WATCHES timepiece is inspected, tested, and prepared by our certified watchmaker — ensuring lasting precision, authenticity, and peace of mind with your purchase.