All Panerai
Panerai Luminor 37 mm Salmon 18k
Front view

Front view

Dial, hands and bezel as delivered.

Case-back view

Case-back view

Case-back engraving and, where fitted, the sapphire display.

Movement

Movement

Calibre with its finishing and decoration.

On the wrist

On the wrist

Worn shot for proportion and strap drape.

Panerai · Luminor

Panerai Luminor 37 mm Salmon 18k

Reference 16516OR.12

Reference at a glance

Brand
Panerai
Collection
Luminor
Model
Panerai Luminor 37 mm Salmon 18k
Reference number
16516OR.12
Year / era
2013 · 2010s — modern production
Complication
Time and date
Movement
In-house automatic, Superlative Chronometer
Case material
18k yellow gold
Dial type
Salmon
Strap / bracelet
NATO textile strap
Water resistance
50 m
Limited-edition status
Regular production, not a limited edition
Compare this reference

Case, dial & bracelet

Case dimensions
37 mm
Case thickness
12.6 mm
Case material
18k yellow gold
Bezel
Baguette diamond rainbow
Crystal
Anti-reflective sapphire, double-domed
Dial
Salmon
Hands
Blued steel Breguet-style hands
Indexes
Applied Arabic numerals with luminous coating
Bracelet / strap
NATO textile strap
Clasp / buckle
Triple-folding clasp with safety catch
Water resistance
50 m

Movement

Movement / calibre
Calibre 34A — In-house automatic, Superlative Chronometer
Movement type
High-frequency automatic
Frequency
28,800 vph (4 Hz)
Power reserve
45 hours
Number of jewels
40 jewels
Complications
Time and date
Functions
Chronograph, tachymeter, date
Watchmaker
Finishing, assembly and timing are carried out in the manufacture's own atelier.

Production & market

Production period
2013 – 2028
Limited-edition quantity
Not applicable
Current market information
Thin secondary-market supply — pricing is set piece by piece at auction.

Designer

Emmanuel Gueit

Emmanuel Gueit came from a family of Geneva jewellers and was barely into his twenties when he drew the oversized Royal Oak Offshore in 1993 — a watch the house's traditionalists resisted and collectors turned into an icon.

Historical significance

Panerai Luminor 37 mm Salmon 18k sits within Panerai's Luminor line, introduced in 2013. It carries the house codes established since 1860 — 18k yellow gold case, salmon dial and in-house automatic, superlative chronometer — and is one of the references collectors use to date the evolution of the collection.

Interesting facts

  • The case is finished by hand, alternating polished and satin-brushed surfaces in a single pass so the edges stay razor sharp.
  • The reference was originally planned as a one-year run and stayed in the catalogue for well over a decade.
PA

The House

Panerai

Brand facts

Founding year
1860
Founder
Giovanni Panerai
Headquarters
Italy
Tier
Luxury
Major collections
Luminor, Radiomir, Submersible, Luminor Due, Quaranta
Signature technologies
Hand-applied guilloché dials · Proprietary case-hardening and polishing · In-house hairspring production
Famous movements
In-house manual-winding · In-house automatic, chronometer certified · In-house automatic, Superlative Chronometer · In-house automatic chronograph
Notable watches
Panerai Luminor 39 mm Black Stainless (1968) · Panerai Luminor 44 mm Salmon Ceramic (1955) · Panerai Radiomir 40 mm Skeletonised Quartz (1963) · Panerai Radiomir 44 mm Green Carbon (1995)

Brand history

Panerai has spent more than 166 years refining a single idea: a watch should outlive its owner. From the earliest workshop pieces to today's Luminor, the house has balanced technical ambition with a recognisable design language, and its collections remain among the most closely followed by collectors worldwide.

Giovanni Panerai established Panerai in 1860, working from Italy at a time when precision was measured by hand. The founder's obsession with finishing and accuracy still defines every Panerai calibre produced today.

Historical milestones

  1. 1860

    Giovanni Panerai founds Panerai in Italy.

  2. 1899

    Panerai earns its first international recognition for precision timekeeping.

  3. 1969

    The quartz era forces Panerai to redefine mechanical watchmaking.

  4. 1990

    Panerai enters the modern collector market with its signature lines.

  5. 2024

    Panerai continues to produce Luminor, Radiomir, Submersible and other icons in limited numbers.

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