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Panerai Luminor Marina Logo 44 — PAM00005

Panerai

Luminor Marina Logo 44

PAM00005

The watch that introduced Panerai's iconic crown-protecting bridge to the world.

Estimated market value
$4,100
Confidence: High

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Overview

The Panerai Luminor Marina Logo 44 (PAM00005) is a 44 mm stainless steel diver that distills the Luminor line to its most recognisable essentials: the patented crown-protecting device, a clean black dial with luminous Arabic numerals, and the OP logo at six o'clock. Powered by a hand-wound movement on an ETA 6497 base, it pairs a historically rooted aesthetic with reliable, serviceably simple mechanics. Produced from 1998 to 2018, the reference enjoyed one of the longest continuous runs in the modern Panerai catalogue.

History

The PAM00005 entered production in 1998, shortly after Richemont's acquisition of Panerai brought the brand to a global audience for the first time. It served as a foundational reference during the period when Panerai was establishing its retail identity, making it one of the earliest widely available Luminor models. The reference's two-decade production span means examples span a broad range of case finishing and dial aging characteristics, which collectors track closely. Its discontinuation around 2018 has since cemented its status as a touchstone of the modern Panerai era.

Notable points

  • 44 mm cushion-shaped stainless steel case with the signature lever-locked crown-protecting bridge, a Panerai design element with roots in mid-20th-century Italian Navy commissions.
  • Hand-wound ETA 6497-based movement — a large-format pocket-watch calibre adapted for the wrist, prized for its ease of service and generous power reserve.
  • Black sandwich-style dial carries luminous Arabic numerals and the Officine Panerai (OP) logo at six o'clock, a layout unchanged from early production to final examples.
  • One of the longest-running references in the modern Panerai catalogue, produced continuously from 1998 to 2018.
  • Frequently cited as an entry point into Panerai collecting, given its archetypal design and broad production availability across two decades.

Specifications

Brand
Panerai
Collection
Luminor
Reference
PAM00005
Years of production
1998 – 2018
Case
44mm Stainless steel
Case material
Stainless steel
Case diameter
44 mm
Movement
Hand-wound (ETA 6497 base)
Crystal
Sapphire
Dial
Black, luminous Arabic numerals, OP logo at 6
Bezel
Polished steel
Bracelet / strap
Leather strap
Water resistance
300 m
Power reserve
56 h
Complications
Small seconds
Type
Diver
Worn as
Men's
Also known as
Logo, ルミノール, 庐米诺

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