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Value $82,995

Considered by many collectors to be the 'Holy Grail' of the Panerai world, the PAM 203 features a New Old Stock 1950 ERA Angelus SF 240 8 Days Movement.  Completely Sold Out--each person was hand selected and approved by Panerai Selection Committee to purchase this watch. As such, Retail Price is not applicable to this watch.  The list of people who were selected by Panerai to be offered an opportunity to buy this watch consisted of Celebrities, Rock Stars, Professional Athletes, Well Known Panerai collectors & enthusiasts from the various Panerai discussion forums etc.

The movement used in the PAM 203 is the original 60 year old Angelus SF calibre 240 purchased from one of the first suppliers of Panerai movements used in the early years.
Panerai purchased 200 of the extremely rare movements, 150 to be used in the PAM 203 and 50 to be placed in reserve.