The new Panerai Luminor Perpetual Calendar GMT Platinumtech™is big and bold.
The dashing 007, Or James Bond as he’s known to us civilians, lives firmly in two very different worlds.
In one, he’s a rough as guts secret agent that isn’t afraid to get his hands dirty, and in the other, he’s an immaculately dressed symbol of high class and subtlety. The two sides of him couldn’t be more different, and I think that’s why the character is so popular. We all want to be a bit like bond and exercise our desire to fulfil our polar opposites.
The father and the fighter, the banker and the environmentalist. Tension between two opposites feels more like pleasure than pain to us. Maybe that’s where good watch design lives, in the uncompromising middle. It’s an interesting thought.
Take the Rolex Submariner, for example. On the wrist of a lawyer it’s a luxury item that works in the boardroom, it also works strapped to a wetsuit and exploring a shipwreck in the Mediterranean Sea. The lawyer probably wouldn’t ever do it, but he could if the mood strikes. The Rolex Submariner pulls the wearer in opposite directions like a medieval torture device. Perfect for Bond’s first watch before Omega took over.
But, and this is a question I ask myself a lot, what if James Bond was Italian? Would he undo one more button on his shirt and trade in his Martini for a negroni? I would assume so. But what about the watch? Something with equal measure elegance and practicality would be best. Bonus points if you could use it as a weapon.
Panerai’s new Perpetual Calendar Platinumtech™ would be his go to. It’s a watch that, just like him, lives in two worlds. It’s technical, with its typical Luminor crown guard and water resistance, but also has a case made from solid platinum. And a perpetual calendar under the hood for good measure. It’s James Bond wearing loafers, with an m16 hidden under his jacket.
It’s serious horological firepower in double-breasted Italian wool.
Released at Watches & Wonders 2025, this new complicated Luminor is big and bold. In the past, I’ve found Panerai to be a little too brutal for my taste, perhaps more an indication of my inherent softness than the brand's design language, but I love this watch. It has all the hallmarks a modern Paneristi would look for. A large, 44 mm case, iconic locking crown guards, the iconic cushion shape, and strong lugs. Just like our mate James from the intro, however, there’s a little more happening under the surface of the PAM01575 than first meets the eye.
Glancing at the PAM01575, you would be forgiven for thinking it was just like any other Luminor. But spend some time studying its details, and you realise there’s complexity hidden within.
The dial is made from blue tinted sapphire and reveals the day and date wheels waiting for their time to shine in the beveled cutouts. Crisp white markers and hands pop against the inky blue, and a more subtle set, also in blue, indicate AM/PM and the GMT. It’s like this watch doesn’t want you to know its capabilities straight away, so as not to give away its position to any questionably named woman or masked villain you may encounter throughout your day.
But wait a minute, it says Calendario Perpetuo on the dial. Where are all the other bits?
Occasionally you just don’t need to see things every day, and the calibre P.4100 that powers this watch takes that idea to the extreme. With an offset micro-rotor to make room, the power reserve, leap year, month, and year indications sit on a horizontally brushed plate. It reminds me of the extreme simplicity of the H.Moser & Cie perpetual calendars, but take it even further.
Month and leap year indicators are displayed on nested rings, a three-day power reserve disc sits below, and the year indication is displayed digitally. The majority of the perpetual calendar information is displayed on the back, which might seem annoying at first, but how often do you need to check where we are in a leap year cycle?
Creating movements that fill the case back is no easy feat on a 44 mm Panerai. It is something the brand does well on many of their other watches, however, and the P.4100 is no exception. The movement is so vast, in fact, that it makes what I can only assume is a normal-sized balance wheel look teeny tiny.
It’s a handsome unit overall with finishing that lends itself to this movement's practical, almost tactical look. The added novelty of having most of the calendar display on the back makes it all the more interesting.
To recap, this is an in-house perpetual calendar movement with micro-rotor, an AM/PM indicator and a GMT function. Anyone that says Panerai isn’t a real watchmaker can put down their negroni and exit the chalet. Thanks.
Ok, we’ve covered Italian Bond’s practicality requirements, but what about his elegance? Oh, and his need to whack people over the head.
Well, the case of the PAM01575 is made from Platinumtech. With a surface treatment making it 40% harder than standard 950 Platinum, the material is significantly more difficult to machine and polish but will withstand scuffs and scratches far better than ‘standard’ platinum. It also weighs 33% more than 18k gold, so using it as a weapon will be no problem at all. Check that box.
I’ve tried searching for Platinumtech’s specific composition, but all I can come up with is that it’s made from 95% pure platinum. I assume there’s a Nonna out the back of the Panerai headquarters mixing up the secret recipe just like the Ragù her she makes at home. You better not ask what she puts in there. “è un segreto!!”.
The idea that great design lives within the tension of two opposites is an interesting one. Perhaps it’s more exciting than picking one singular focus and running with it. Just like us, the tension baked in to watches hints at the possibility of another, perhaps more exciting life.
To go on a slight tangent to finish us off. In quantum mechanics, it's possible for an atom to exist in multiple locations simultaneously, this phenomenon is called superposition. Although this sounds more like science fiction than watchmaking, and totally freaks me out, it’s a good way to explain this watch. I think The Panerai Luminor Perpetual Calendar GMT lives in Superposition. It occupies two different worlds that are aware of each other, even complement each other, but never compromise on what makes them special.
I don’t think the word ‘compromise’ comes up much at Panerai.
Ci vediamo al prossimo x
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