We have one extraordinary piece in front of us today: Panerai PAM664 Limited Edition. This piece has been released as a special tribute to the Royal Navy’s Clearance Branch. Furthermore, it has been exclusively created and available only to serving members of Royal Navy. What’s so special about this stunning timepiece? Let’s find out in this special Panerai PAM664 review

Panerai PAM664 background

Panerai PAM664 has been released on 25th March 2016 on special event that tributes Royal Navy’s Clearance Branch. Chances are if you are reading this article that you are well aware of Panerai’s rich history with Royal Navy and Italian divers. If you are not, feel free to read more in our article about Panerai during World War two and Panerai hidden history. If you still want to find out more, you can read full Panerai history.

Starting of with what’s making this piece so special is the caseback – it has the Royal Navy crest on the back along with all other standard Panerai marks. This crest is one of the thing making this timepiece so special and sought after.

Panerai PAM664 review Caseback

Panerai PAM664 review Caseback

Panerai PAM664 review

Panerai PAM664 is based on already familiar PAM024, but it looks a bit more dressed up. Having it mind it’s special heritage and dedication, you could say that this Panerai PAM664 is nothing more than Panerai PAM024 on steroids.

What’s so interesting about this model is that out of all special, military dedicated watches that Panerai makes, this one got it’s own PAM number – PAM664. This is a bit unexpected having in mind that this watch is exclusive to Royal Navy’s serving clearance divers only. Another interesting fact is that all of the watches were to be picked up at Harrods. Maybe that’s the reason why this piece has it’s own PAM number.

Panerai PAM664 review Caseback shot

Panerai PAM664 review Caseback shot

Panerai PAM664 has been limited to only 50 pieces which makes this watch even more extraordinary. Sales of this model were done in strictly “first come, first served” basis and the only condition was that you had to prove that you are serving member with the Clearance Diving branch of Royal Navy in order to get one of these beauties. This is really smart move by Panerai, as in today’s market when a watch is marketed with the slight hint of heritage or history – truth to these claims will either make or break the watch. I’d say that Panerai has succeeded with this limited PAM664.

Panerai PAM664 review submarine

Panerai PAM664 review submarine

Automatic OP III movement with date located at the 3 o’clock position and small seconds sub dial at 9 has been used with this watch. OP III is already proven to be precise, reliable and robust, so I’d say that the choice was spot on.

Conclusion

While Panerai’s dive watches always remind us of Panerai’s tight connection with Italian Royal Navy and back to the WWII teams of torpedo crews that proved so devastating against Allied naval forces, there is no hint of awkwardness in a modern partnership with the Royal Navy. For one thing, there has always been great respect between military divers for the risks involved; not least in the early days of the 1940s.

I’ve seen some auctions where Panerai PAM644 has been sold for several tens of thousand pounds. In May, number 42 of 50 was sold for £32,600. Also, one ebay.co.uk auction (number 40/50) had  winning bid of £28,500. You’ll agree that’s great for a watch that usually costs £8,050.