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Panerai Luminor GMT Automatic 44mm Black Ceramic PAM438 Men's Watch

Panerai Luminor GMT Automatic 44mm Black Ceramic — USD 6,400

Ref: PAM438

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Brand
Panerai
Condition
Seller refurbished
Reference
PAM438
Seller
sammyn31 (100.0★ · 112 reviews)
Location
New York, NY, US
Listed
Jun 7, 2026
Case Size
44 mm
Year
2010-2019
Papers
Yes
Box
Yes
Service
No

⌚ Watch Specifications

Reference data · AI-verified specifications

Movement

Type
Calibre P.9001/B
Caliber
P.9001/B
Power Reserve
3 Days

Case

Material
Black Ceramic
Diameter
44mm
Water Resist.
100m
Crystal
2.3mm Sapphire
Bezel
Black Ceramic

Dial & Strap

Dial
Black
Strap
Ceramic/Steel
Production
2012

📖 About This Reference

The Panerai Tuttonero Luminor 1950 3 Days GMT Automatic Ceramica, reference PAM438, is notable for its comprehensive use of ceramic in both the case and bracelet, a design choice that sets it apart within the Luminor 1950 collection. This reference emphasizes a monochromatic aesthetic, with the black ceramic material extending across the entire watch, offering a distinct visual and tactile experience compared to steel or titanium models. It represents a significant offering from Panerai's 2012 SIHH presentation, focusing on robust construction and a modern interpretation of the brand's design language. The watch features a 44mm black ceramic case, providing durability and scratch resistance. Powering the PAM438 is the in-house Panerai Calibre P.9001/B, an automatic mechanical movement equipped with a three-day power reserve. The movement is visible through a smoked sapphire crystal case back, complementing the overall dark theme. A 2.3mm sapphire crystal protects the dial, ensuring clarity and resilience. Water resistance is rated at 100 meters. This reference appeals to collectors seeking a Panerai with advanced material technology and a unified design. The Tuttonero, meaning "all black" in Italian, is a key piece for those interested in the brand's exploration of ceramic applications beyond just the case. Its integrated ceramic bracelet is a defining characteristic, offering a cohesive look and feel that distinguishes it from models with traditional strap options, making it a unique proposition within the broader Panerai catalog.

Collector Discussions

Panerai 2015 United States Price List
Looks like that prices are dropping about 5% in the US market. The European market seems to be going up. I guess the whole swiss franc debacle really is taking a hit, but we are getting a bit of a benefit here in the states. REF# MODEL DESCRIPTION 2015 Price PAM000 LUMINOR BASE LOGO $4,900 PAM005 LU
forum · Stack · 14693 views · 11Y
Who here likes the 44mm Panerai PAM438 Tuttonero "all-black" ceramic from SIHH 2012?
You can get the Tuttonero w/ a ceramic bracelet (PAM438) $16,300 or with a regular leather strap (PAM441) $12,800. I love the pure matte look of the Tuttonero which gives it a nice stealth look to the watch. Also, the P.9000 automatic movement has a black oxide coating on it. Below is a video of the
forum · AnthonyTsai · 13227 views · 13Y
A few more pics and videos of the Panerai Ceramica collection
I just wanted to share a few more pictures and videos of the Panerai Ceramica watches from the SIHH 2012 collection. Panerai presented the PAM 438 (Tuttonero) that features a black colored ceramic bracelet. The Panerai 441 (also known as the Luminor 1950 3 Days GMT Automatic Ceramica) is very simila
forum · ED209 · 12845 views · 13Y
[SIHH 2012] Panerai, after the bomb.
World Poker Tour. Last year, I had announced flat out (no bluff at PifPaf’s) that it would be the Officine’s best year. Incidentally, the title of the article was « the apogee ». Unless there‘s a miracle (but it is just a business), one would inevitably be disappointed. This year’s disappointment is
forum · pifpaf · 6874 views · 14Y
Panerai PAM438 Tuttonero 44mm Luminor 1950 Ceramic in the house!
I just got the black ceramic bracelet resized to my wrist yesterday at the Beverly Hills Boutique, so now this Tuttonero fits like a glove on the wrist (had to take 4 links off). I've been wanting to perform an "on-the-wrist" review of this PAM438 for several years now, so now it's the time to do so
forum · AnthonyTsai · 4413 views · 12Y
Initial reflections on SIHH 2012 and Panerai
Dear Borthers and sisters, let the sermon commence.. LOL I think definately mixed feelings........... lets start with the "belle" of the ball...the 399 lets face it who did not want to see this model, a re-edition of the 6152/1 (not 6154..subtly different): then we see it, and subsidiary seconds?? a
forum · ImranLondon · 2316 views · 14Y

Editorial coverage

Panerai PAM 438 Tuttonero & PAM 441 Ceramica Review
Panerai PAM 438 Tuttonero & PAM 441 Ceramica Review
ED209 · Jul 26, 2012
Panerai SIHH 2012: PAM399 '1940' Review
Panerai SIHH 2012: PAM399 '1940' Review
pifpaf · Feb 7, 2012

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