You are here:

Panerai Submersible Ref. PAM02683


Pre-Owned Panerai 42mm Submersible, Black Dial, Black Rubber Strap, Ref. PAM02683

The Panerai Submersible PAM02683, a remarkable timepiece that perfectly balances robust functionality with sophisticated design. This 42mm watch boasts a stainless steel case that ensures durability and a sleek, polished appearance, making it an excellent choice for both everyday wear and special occasions. The signature half-moon locking crown is a distinctive Panerai feature, ensuring water resistance and adding to the watch’s rugged appeal. The uni-directional rotating bezel features a black ceramic insert, offering both practical functionality and a striking contrast against the stainless steel case. The black dial is elegantly simple yet highly legible, featuring luminescent hands and hour markers that ensure visibility in all lighting conditions. A small seconds sub-dial and date reference add to the watch’s utility without cluttering its clean design.

Powered by the self-winding P.900 caliber movement, the Submersible PAM02683 offers reliable and precise timekeeping. The automatic movement is a testament to Panerai’s commitment to horological excellence. The watch comes with a comfortable black rubber strap, ideal for both underwater adventures and everyday wear. Additionally, a gray textile strap is included, allowing you to easily switch up the look to suit any occasion. This Panerai Submersible PAM02683 comes with its original box and papers dated December 2023, ensuring its authenticity and adding to its value as a collectible item. The Panerai Submersible PAM02683 is a perfect blend of style, durability, and precision, making it a standout addition to any watch collection. Whether you’re exploring the depths or navigating daily life, this watch is designed to be your reliable companion.

Only 1 left in stock

Categories: , , SKU: 210000006930

Additional information

Band Color


Band Material


Band Type



Rotating, Uni-Directional, Ceramic

Box and Papers

Box and Papers





Case Material

Stainless Steel

Case Size





Date, Small Seconds



Crystal Material


Dial Color





40mm – 42mm


Factory Warranty

Item ID0006930
Model #PAM02683
Model NameSubmersible
Year Producedca. 2023


The Panerai watch company is a bit of a riddle; it is an Italian watchmaker that is also a Swiss company and it is a modern watchmaker that is also an historic watchmaker.  One fact is clear, Panerai has a deep fan base that continues to grow.

Panerai’s roots trace continuously back to its founding in Florence, Italy in the year 1860.   Initially, its founder Giovanni Panerai focused on the sales and repairs of watches, as well as establishing a watchmaking school.  As a result, the company developed strong relationships with Swiss manufacturers, while also expanding its knowledge and expertise in design and production through the research and development of instruments and tools.  The company’s influence expanded greatly after they patented the use of radium to self-illuminate devices, which Panerai named “Radiomir.”

The Italian military recognized the utility of self-illumination and contracted with Panerai to develop military instruments using this new material, such as gun sights.  But it was the Italian Navy that played the critical role in the development of Panerai as a significant watchmaker when they asked Panerai to develop a water-resistant wristwatch.  Giovanni’s grandson Guido, who was then running Panerai, knew about the early Oyster pocket watch made by Rolex and recognized that he could use the Rolex watch to meet the Navy’s needs.  A collaboration with Rolex developed whereby Rolex provided the Oyster pocket watch, to which Panerai made modifications, such as a new dial and welded lugs to convert it to a wristwatch.

After their success with underwater frogmen, the Navy again approached Panerai with a request to develop a watch that could also be used underwater.  Building on its experience, Panerai developed a stronger sandwiched case with larger lugs while continuing to use the Rolex movement.   When in 1949, Panerai developed a new, safer luminescent material based on Tritium, they began using this new material on their Naval watches.   Near the same time, they also developed what would be their most iconic feature, the half-moon shaped crown guard to replace what they saw as a weakness in the Rolex screw-down crown.  Due to the new luminescent material that they named “Luminor”, these underwater models became known as “Luminors.”  Their signature watch was born.

Despite the Luminor’s success, Panerai still only sold watches to the military.  With the passing of Giuseppe Panerai in 1972, ownership of the company with its Naval contracts passed to an engineer named Dino Zei.  When the demand for Panerai’s Luminor watches declined, Panerai focused primarily on producing equipment and tools, such as compasses and depth gauges that could be worn on the wrist.  This continued for twenty years until Panerai noticed the resurgence of the Rolex tool watches.  Knowing Panerai’s strong heritage in making military watches, the company decided to release three new tool watches in 1993, the Luminor, the Luminor Marina and the Mare Nostrum.   While these newly released watches received little notice because Panerai was outside the world of Swiss watch companies, the new Luminor watch caught the attention of a few Hollywood actors, who then wore them in films.  Fans of watches and film noticed the large, unusual watches and a following soon developed.  Recognizing the emerging potential, the company was purchased by a Swiss firm in 1997 and the rest, as they say, is history.  In 2002, a manufacturing plant opened in Switzerland and in 2007, Panerai began using its own in-house developed movements.  Today, Panerai offers historic and contemporary models, as well as special editions based on its historic models, as well as collaborations with other brands, such as Ferrari.