PANERAI - a gentleman's stainless steel Luminor GMT wrist watch.

<li>Movement is currently functioning.

<li>Movement appears to be in a generally good condition with little sign of previous intervention when viewed under a 4x loupe.

<li>Dial appears to be in a generally good condition with no marks visible when viewed under a 4x loupe.

<li>Hands show marks and tarnishing when viewed under a x4 loupe.

<li>Glass appears free of significant scratches or marks when viewed under a 4x loupe.  

<li>Case appears to be in good condition with minor scratches and marks.

<li>Crown has light scratches when viewed under a 4x loupe.

<li>Strap appears to be in good condition with minor marks and creasing.

<li>Buckle appears to be in good condition with minor marks and scratches when viewed under a 4x loupe.<p>

<p>This lot does not come with a box, but comes with papers dated 08/2006.<p>

Fellows do not guarantee the working order or accuracy of any lots sold.<p>Due to opening of the case back we recommend this watch is re-sealed by an authorised technician to ensure any stated water resistance is retained.<p>Please see the Important Notices for Purchasers in our catalogue and online for any additional considerations that may affect this lot.<p>

If you should have further queries regarding this lot, please do not hesitate to contact the Watch Department on 0121 212 5506 or at watches@fellows.co.uk