The thing with a 47mm Panerai is that it’s supposed to be big so it’s ok if it wears big. It was designed to be legible and simple and not if it will fit under a cuff
But we do get the apprehension. Big and Panerai isn’t fashionable these days when ironically the brand is pumping out more “fashionable” watches. Strangely enough, i used to see Panerai as a popular brand but now, a connoisseur’s choice.
Here’s a few pics to help you decide. We may have similar sized wrists although the form might be different. Mine is a bit round. If you have a flat wrist, even better! Good luck