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Officine Panerai

Graduated in metres...

 

0 to 20 is from the 12 o'clock to 6 o'clock

20 to 60 is from 6 o'clock to a little before 9

60 to 120 is rest of the way to a little before 11 o'clock (11 o'clock is the 'off' position / 12 o'clock is the start)

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