Though 2025 may be drawing to a close, Panerai isn’t ready to stop just yet. Just in time for the holiday season, we have a new limited-edition piece that should please collectors who love retro details. The new Luminor Marina PAM01759 is the type of watch I love seeing from the brand due to its vintage charm and simplicity.

From the early to mid-2000s, Panerai would announce its limited-edition models once a year. The news was always highly anticipated. Once the models broke cover, the Paneristi forum was abuzz with opinions and hopes to score a favored piece. Now, Panerai, like most other brands, releases its new watches throughout the year. I suppose it’s better that way, but at least today’s new Luminor Marina PAM01759 resembles a watch that fits in with renowned references like the PAM00127 and PAM00249.

The Panerai Luminor Marina PAM01759

Panerai’s newest model uses the familiar 44mm 1950 case in stainless steel. While the brand didn’t provide thickness figures, we expect it to surpass the models announced at Watches and Wonders 2025 on account of its highly domed sapphire crystal. From a finishing standpoint, the expected polished bezel sits atop a brushed case. In celebration of its original sporting intent, the watch has a depth rating of 300 meters. To easily exploit this capability, a lug on either end is outfitted with the company’s push-button spring-bar-release system. Using this, the owner can easily swap the standard brown calf strap with the included black rubber version. A large trapezoidal pin buckle manages fastening duty.

Panerai Luminor Marina PAM01759 up close with crown lock open

The beloved sandwich dial with full numerals

Panerai states that the PAM01759 dial is inspired by the company’s early days as a producer of underwater instruments for the Italian Navy. The result is a matte black sandwich dial with Arabic hour numerals completely encircling it. Green Super-LumiNova gives off vintage vibes and is consistent on the numerals, sub-seconds register, and hands. Thankfully, there’s no date display, which helps the watch maintain a clean appearance. Warm beige text for the brand and model name is pleasantly kept to a minimum.

Panerai Luminor Marina PAM01759 diagonal profile shot, crown side

Equipped with the self-winding P.9010

The PAM01759 uses the brand’s P.9010 automatic caliber. This thoroughly modern movement has a weekend-proof 72-hour power reserve and a frequency of 28,800 vibrations per hour. Give credit to the twin barrels for the three days of flexibility.

Panerai Luminor Marina PAM01759 head on

Thoughts on the Luminor Marina PAM01759 and pricing

Panerai will make 1,000 pieces of the PAM01759. While some may cringe at the thought of another limited edition, this feels like an appropriate number to me. Plus, with a price of €9,900 / US$10,200, it will be a considered purchase. That said, I like this release quite a lot. The warm, domed crystal and throwback dial design remind me of a very different era in watch collecting. If I had one recommendation, it would be a manual-wind movement, but I suppose that’s a bit too niche. Overall, this is yet another reason to visit my local Panerai boutique during the holidays.

What do you think of the Luminor Marina PAM01759? Share your thoughts in the comments below.

Watch specifications

Brand
Model
Luminor Marina
Reference
PAM01759
Dial
Matte black with sandwich construction, green Super-LumiNova lower layer, full-Arabic-numeral hour markers, sub-seconds register, and beige and white printing
Case Material
Stainless steel with polished and brushed finishes
Case Dimensions
44mm (diameter)
Crystal
Domed sapphire
Case Back
Stainless steel, screw-in
Movement
Panerai P.9010: automatic with manual winding and hacking seconds, 28,800vph frequency, 72-hour power reserve, 31 jewels, 6mm thick, Glucydur balance wheel stop, Incabloc antishock device, 198 components
Water Resistance
30 bar (300 meters)
Strap
Dark brown calf leather strap with stainless steel trapezoidal pin buckle and additional black rubber strap
Functions
Time (hours with independent adjustment, minutes, small seconds)
Price
€9,900 / US$10,200
Warranty
Two years standard, additional six years with online registration
Special Note(s)
Limited edition of 1,000 pieces