The PAM00463 is one of the most collectible and genuinely rare Panerai limited editions from the early 2010s. This reference was created as a boutique-exclusive release for the Panerai Boutique in Nagoya, Japan, and produced in an extremely small run of only 60 pieces. Finding one today — especially as a complete set — is a real collector’s opportunity.

The watch is built around pure Luminor Marina DNA: a 44 mm stainless steel case, the iconic crown-protecting device, and a highly legible tool-watch dial. What makes this edition special are the distinctive “city/boutique” details. The caseback is engraved with Nagoya Castle, directly referencing the boutique it was made for.

Another standout feature sits on the dial: at 6 o’clock there is an embossed maiale motif (the historic “human torpedo”), a nod to Panerai’s maritime roots and a signature detail often seen on boutique limited editions.

Inside, the watch is powered by the hand-wound Panerai OP II movement, COSC-certified, offering a 56-hour power reserve — a classic, proven configuration that perfectly matches the character of this model.

Set & condition: the watch comes with boxes and papers. It includes a large presentation box and a dedicated limited-edition certificate. Condition is like new. Included are the black strap shown in the photos and an additional brown strap.