Important Modern & Vintage Timepieces · 11 November 2012

Rolex Panerai, ref 3646 - Original Property OF Gastone Ridolfi Rolex, case No. 260605, Ref

ROLEX PANERAI, REF 3646 - ORIGINAL PROPERTY OF GASTONE RIDOLFI Rolex, case No. 260605, Ref. 3646, first generation. Made in a limited edition of 720 pieces for the Italian Navy Commandos in 1943. Very fine and extremely rare, large, cushion-shaped, water-resistant, stainless steel military diver's wristwatch. Accompanied by a service invoice from Panerai dated 1999 and an original signed photography showing the divers wearing a Radiomir.

Panerai · reference 3646

Antiquorum, November 2012

Hammer result

CHF 92,500

about $97,543 at today's rate

Beat the high estimate by 32%
Low estimate CHF 50,000
High estimate CHF 70,000
In USD $52,726 to $73,816

The lot

Auction house

Antiquorum

Sale

Important Modern & Vintage Timepieces

Date

11 November 2012

Lot number

256

Reference

3646

Brand

Panerai

Year

1999

What this reference has made at auction

15 confirmed sales, 2006 to 2024

Average realised price per year, 2006 to 2024. Low $2,640, high $161,000.

YearSalesAverageRange
2024 1 $38,549 $38,549 to $38,549
2023 1 $30,610 $30,610 to $30,610
2022 2 $58,494 $48,108 to $68,881
2021 1 $65,213 $65,213 to $65,213
2016 1 $57,177 $57,177 to $57,177
2013 1 $161,000 $161,000 to $161,000
2012 1 $97,543 $97,543 to $97,543
2010 1 $55,200 $55,200 to $55,200
2009 1 $2,640 $2,640 to $2,640
2008 1 $48,000 $48,000 to $48,000
2007 2 $80,027 $77,453 to $82,600
2006 2 $60,180 $59,000 to $61,360

Confirmed sales only, converted to USD at today's rate so salerooms in different currencies can be compared. Unsold lots and withheld prices are excluded from the averages.

Other sales of this reference

8 shown, most recent first

WatchHouseDateResult
Rolex Panerai Ref 3646 Radiomir Antiquorum Nov 2024 CHF 33,750 ($38,549)
Panerai And Rolex Ref 3646 Type D Antiquorum Nov 2023 CHF 27,500 ($30,610)
Rolex Panerai Ref 3646 B Type Antiquorum Nov 2022 CHF 68,750 ($68,881)
Ref. 3646, Type B Radiomir, used by a British Naval officer Sotheby's Feb 2022 GBP 35,280 ($48,108)
PANERAI/ROLEX, REF. 3646, STEEL Antiquorum May 2021 CHF 58,750 ($65,213)
Rolex, made for Officine Panerai. A very rare stainless stee Bonhams Dec 2016 GBP 45,000 ($57,177)
Panerai. A Very Rare Stainless Steel Cushion-Shaped Diver's Christie's Dec 2013 USD 161,000 ($161,000)
Rolex Panerai Rolex, case No. 260639, Ref. 3646, first gener Antiquorum Jun 2010 USD 55,200 ($55,200)
Sourcing request

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