Before Panerai became a luxury watch brand in 1993, it spent decades making precision instruments for the Italian Navy — depth gauges, compasses, timing devices, and eventually those now-iconic dive watches for combat frogmen. Limited to just 1,000 pieces, the new Luminor Marina PAM01759 honors that history by pulling from the entire instrumental catalog that defined Panerai’s pre-civilian era.

If It Ain’t Broke, Dome Fix It
Limited to 1,000 pieces, the 44mm steel Luminor features several elements that nod to their past. Early Panerai underwater instruments featured massive bubble-like crystals that protected delicate mechanisms at depth and improved visibility from awkward angles. This modern interpretation uses sapphire instead of plexiglass, but the effect is the same — it draws light into the dial and softens the profile. Combined with the 44mm stainless steel case, it creates a silhouette that feels lifted from the 1950s yet built for today.
The case itself follows the familiar Luminor 1950 blueprint with a polished bezel sitting atop brushed surfaces. Water resistance is solid at 300m (tested beyond that, as Panerai does), and the push-button spring-bar-release system at each lug makes it easy for you to swap between the included brown calf leather and black rubber straps.

Cleans Up Nice
For this new limited-edition, Panerai eliminated the date window at 3 o’clock, which immediately cleans up the dial aesthetic just like their original dive watches. Instead, you get a full complement of Arabic numerals circling the matte black sandwich construction—all coated in green Super-LumiNova. The small seconds sub-dial at 9 o’clock serves as the running indicator, a practical holdover from military diving requirements.

What Makes It Tick?
Inside sits the P.9010 automatic, Panerai’s in-house movement with a three-day power reserve courtesy of twin barrels. At 6mm thick with 31 jewels and running at 28,800 vibrations per hour, it also features independently adjustable hour hand and bidirectional winding. The caliber sits behind a closed caseback engraved with the edition size out of 1,000.
Spec Sheet
Model: Luminor Marina PAM01759
Case Material: Stainless steel
Case Size: 44mm
Crystal: Domed sapphire
Movement: In-house P.9010 automatic
Power Reserve: 72 hours
Water Resistance: 300m
Strap: Dark brown calf leather with trapezoidal pin buckle and black rubber strap
Limited Edition: 1,000 pieces
Price: $10,200
Pricing & Availability
Priced at $10,200, the PAM01759 hits Panerai boutiques in December, with all 1,000 pieces coming in a special wooden box.
Recap
Panerai Luminor Marina PAM01759
Panerai’s new Luminor Marina PAM01759 pulls from the brand’s pre-civilian days as a naval instrument maker, featuring a domed sapphire crystal that references those early bubble-like depth gauges and compasses, plus a full Arabic numeral dial with green lume.