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Mare Nostrum

The Mare Nostrum is the odd one out in the Panerai story, and that is exactly why serious collectors chase it. Where the Radiomir and Luminor are dive instruments built around a cushion case and a locking crown, the Mare Nostrum is a chronograph, the only chronograph in Panerai's wartime history, designed in 1943 for the deck officers of the Regia Marina, the Royal Italian Navy. The name is Latin for 'our sea,' the Roman term for the Mediterranean. Panerai never mass-produced it. Records say roughly three prototypes were built, and even those went dark after the 1966 flood that tore through Florence and destroyed a large part of Panerai's archive. For decades the only proof the watch ever existed was a single photographic plate from the 1950s. That is the watch Panerai has been reissuing, in one form or another, since 1993. We buy and sell Panerai every week at our counter on 47th Street, and the Mare Nostrum is the reference that separates a Panerai owner from a Panerai collector. It is not a diver. It is a bi-compax chronograph with a tachymeter scale, and every version Panerai has released, from the 1993 Pre-Vendome 5218-301/A to the 2017 PAM00716, traces back to that lost 1943 photograph.

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Specifications

Case MaterialStainless steel
MovementAngelus caliber 215, hand-wound

History

Iconic References

Buying Guide

Pricing & Market Data

Comparisons

Cultural Significance

Collector's Lore

The lore starts with a photograph. For decades the only evidence the Mare Nostrum ever existed was a single publicity plate from the 1950s, because the 1966 Arno flood in Florence destroyed most of Panerai's paper archive along with a large part of the city's cultural records. Panerai later recovered one of the original prototypes, and it now lives in the brand's museum in Florence, which is the reason the modern reissues could be built as accurate tributes rather than guesses. The collector detail most people miss is the movement choice on the 2010 and 2015 revivals: rather than drop in a modern module, Panerai used the hand-wound OP XXV built on a genuine 1940s-era Minerva caliber 13-22, a period-correct stand-in for the Angelus 215 that powered the 1943 original. The other piece of lore is the Pre-Vendome mystique. The 5218-301/A, made in the brief window between Panerai going commercial in 1993 and the Cartier acquisition in 1997, is prized precisely because it comes from the era before Panerai was a global luxury name, when the watches were still small-batch Florentine instruments. Among Panerai people, pulling a Mare Nostrum out of the drawer is the move that ends the argument about who actually knows the brand.

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