Panerai PAM423 (Pre-owned - Good) — USD 6,450 on eBay

The PAM423 represents Panerai's Luminor 1950 3 Days Power Reserve within the Luminor 1950 series, distinguished by its substantial 47mm case proportions. This reference positions itself as a three-day power reserve variant in polished steel construction. The watch features a 47mm polished steel case paired with a matching polished steel bezel. Protection comes from a 3mm sapphire crystal, while water resistance extends to 100 meters. The timepiece operates on the P3002 movement, providing the three-day power reserve functionality indicated in the model name. This reference appeals to collectors seeking a larger-format Panerai with extended power reserve capabilities in steel. The 47mm case size caters to those preferring substantial wrist presence, while the polished steel construction offers versatility across different wearing occasions. The PAM423 serves collectors looking for functional complications within Panerai's contemporary steel offerings.