PANERAI - a gentleman's titanium Luminor chronograph bracelet watch.

<li>Movement is currently functioning. The chronograph counts one minute, but the hour counter has not been tested due to time constraints.

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

<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. Subsidiary seconds hand shows discolouration to the luminous paint.

<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. Crown guard shows light marks.

<li>Bracelet has scratches and some signs of stretching to links. Dark marks visible on multiple links.

<li>Clasp is currently functioning and shows visible scratches and marks.

<li>Bracelet measures approximately 16.5cm including case.<p>

<p>This lot comes with a box showing light wear and blank papers.<p>

Fellows do not guarantee the working order or accuracy of any lots sold.<p>We recommend this watch is tested 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