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Panerai Luminor Due 39 mm Black Grade
Panerai Luminor Due 39 mm Black Grade — Front view

Front view

Dial, hands and bezel as delivered.

Panerai Luminor Due 39 mm Black Grade — Case-back view

Case-back view

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

Panerai Luminor Due 39 mm Black Grade — Movement

Movement

Calibre with its finishing and decoration.

On the wrist

On the wrist

Worn shot for proportion and strap drape.

Panerai · Luminor Due

Panerai Luminor Due 39 mm Black Grade

Reference 44691OR.18

Reference at a glance

Brand
Panerai
Collection
Luminor Due
Model
Panerai Luminor Due 39 mm Black Grade
Reference number
44691OR.18
Year / era
2022 · 2020s — modern production
Complication
GMT / second time zone
Movement
In-house automatic chronograph
Case material
Grade 5 titanium
Dial type
Black lacquer
Strap / bracelet
Integrated steel bracelet
Water resistance
150 m
Limited-edition status
Regular production, not a limited edition
Compare this reference

Case, dial & bracelet

Case dimensions
39 mm
Case thickness
10.2 mm
Case material
Grade 5 titanium
Bezel
Baguette diamond rainbow
Crystal
Sapphire with internal AR treatment
Dial
Black lacquer
Hands
Faceted dauphine hands, polished by hand
Indexes
Applied faceted white-gold indexes
Bracelet / strap
Integrated steel bracelet
Clasp / buckle
Titanium deployant clasp
Water resistance
150 m

Movement

Movement / calibre
Calibre 85D — In-house automatic chronograph
Movement type
Manual-winding
Frequency
21,600 vph (3 Hz)
Power reserve
38 hours
Number of jewels
33 jewels
Complications
GMT / second time zone
Functions
Perpetual calendar, leap year
Watchmaker
Assembled and regulated by a single watchmaker, who signs off the piece before casing.

Production & market

Production period
2022 – 2032
Limited-edition quantity
Not applicable
Current market information
Values have stabilised after the 2022 correction; condition and box-and-papers drive the premium.

Designer

Marc Newson

Marc Newson is an Australian industrial designer whose work spans Qantas cabins, Apple hardware and Jaeger-LeCoultre's Atmos clocks; his watch design reduces the object to pure geometry and legibility.

Historical significance

Panerai Luminor Due 39 mm Black Grade sits within Panerai's Luminor Due line, introduced in 2022. It carries the house codes established since 1860 — grade 5 titanium case, black lacquer dial and in-house automatic chronograph — 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.
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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