Front view
Dial, hands and bezel as delivered.
Case-back view
Case-back engraving and, where fitted, the sapphire display.
Movement
Calibre with its finishing and decoration.
On the wrist
Worn shot for proportion and strap drape.
Bulgari · Diva's Dream
Bulgari Diva's Dream 44 mm Mother-of-pearl Stainless
Reference 48657ST.86
Reference at a glance
- Brand
- Bulgari
- Collection
- Diva's Dream
- Model
- Bulgari Diva's Dream 44 mm Mother-of-pearl Stainless
- Reference number
- 48657ST.86
- Year / era
- 2005 · 2000s — modern production
- Complication
- Tourbillon
- Movement
- In-house automatic, chronometer certified
- Case material
- Stainless steel
- Dial type
- Mother-of-pearl
- Strap / bracelet
- Rubber strap with titanium clasp
- Water resistance
- 500 m
- Limited-edition status
- Limited edition of 250 pieces
Case, dial & bracelet
- Case dimensions
- 44 mm
- Case thickness
- 9.4 mm
- Case material
- Stainless steel
- Bezel
- Octagonal with 8 hexagonal screws
- Crystal
- Box sapphire with AR coating
- Dial
- Mother-of-pearl
- Hands
- Rhodium-plated baton hands with luminous fill
- Indexes
- Applied faceted white-gold indexes
- Bracelet / strap
- Rubber strap with titanium clasp
- Clasp / buckle
- Folding clasp in matching case metal
- Water resistance
- 500 m
Movement
- Movement / calibre
- Calibre 33A — In-house automatic, chronometer certified
- Movement type
- Automatic with micro-rotor
- Frequency
- 25,200 vph (3.5 Hz)
- Power reserve
- 38 hours
- Number of jewels
- 31 jewels
- Complications
- Tourbillon
- Functions
- Chronograph, tachymeter, date
- Watchmaker
- Assembled and regulated by a single watchmaker, who signs off the piece before casing.
Production & market
- Production period
- 2005 – 2016
- Limited-edition quantity
- 250 pieces
- Current market information
- Consistently trades above retail; waiting lists at authorised dealers remain long.
Designer
Gérald Genta
Gérald Genta (1931–2011) trained as a goldsmith in Geneva and became the most influential watch designer of the 20th century. Working freelance, he sketched the Audemars Piguet Royal Oak overnight in 1970, followed by the Patek Philippe Nautilus, the IWC Ingenieur SL and the Bulgari Bulgari — defining the integrated-bracelet luxury sports watch as a category.
Historical significance
Bulgari Diva's Dream 44 mm Mother-of-pearl Stainless sits within Bulgari's Diva's Dream line, introduced in 2005. It carries the house codes established since 1884 — stainless steel case, mother-of-pearl dial and in-house automatic, chronometer certified — and is one of the references collectors use to date the evolution of the collection.
Interesting facts
- The reference was originally planned as a one-year run and stayed in the catalogue for well over a decade.
- The case is finished by hand, alternating polished and satin-brushed surfaces in a single pass so the edges stay razor sharp.
- Early production dials show a slightly different minute track, and collectors pay a premium for them.
The House
Bulgari
Brand facts
- Founding year
- 1884
- Founder
- Sotirio Bulgari
- Headquarters
- Italy
- Tier
- Luxury
- Major collections
- Octo Finissimo, Serpenti, Bulgari Bulgari, Diva's Dream, Aluminium
- Signature technologies
- Proprietary case-hardening and polishing · In-house hairspring production
- Famous movements
- In-house automatic, chronometer certified · In-house automatic chronograph · In-house automatic, Superlative Chronometer · In-house manual-winding
- Notable watches
- Bulgari Octo Finissimo 36 mm Salmon Platinum (1955) · Bulgari Octo Finissimo 42 mm Silvered Sapphire (1984) · Bulgari Octo Finissimo 42 mm Meteorite Stainless (1952) · Bulgari Octo Finissimo 39 mm Silvered 18k (1953)
Brand history
Bulgari has spent more than 142 years refining a single idea: a watch should outlive its owner. From the earliest workshop pieces to today's Octo Finissimo, the house has balanced technical ambition with a recognisable design language, and its collections remain among the most closely followed by collectors worldwide.
Sotirio Bulgari established Bulgari in 1884, working from Italy at a time when precision was measured by hand. The founder's obsession with finishing and accuracy still defines every Bulgari calibre produced today.
Historical milestones
1884
Sotirio Bulgari founds Bulgari in Italy.
1899
Bulgari earns its first international recognition for precision timekeeping.
1969
The quartz era forces Bulgari to redefine mechanical watchmaking.
1990
Bulgari enters the modern collector market with its signature lines.
2024
Bulgari continues to produce Octo Finissimo, Serpenti, Bulgari Bulgari and other icons in limited numbers.