After about a decade of selling the military the ref. 3646, the navy asked the watch brand for a more heavy-duty version of adiver's wristwatch, and the ref. 6152 and 6152-1 is what Panerai came up with. This model is often called the "Luminor," after theluminous substance you see on the hands and numerals that Paneraipatented in 1949. Luminorreplaced "Radiomir," which was the lume that was developed between 1910 and 1915. (The Radiomir nomenclature is still used to markPanerai watches today.) The ref. 6152-1. Source: Matthew Bain Inc There are actually two dial discs hereone coated in Luminor and one black facewith cutouts for the numbers and the batons, so the Luminor shows through. There are only about 100 of these watches known to still be on the market, which makes them especially hot. In 2013 one sold atChristie's Geneva for a whopping $266,000 . The case and movements were made by Rolex, and this example bears a signature by Rolex on bothas well as rare military markings engrave

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