PANERAI. LUMINOR MARINA. PAM 00048. SERIES LIMITED TO 2500 COPIES. CIRCA 2000. Steel bracelet watch on leather, water-resistant to 300 m. CASE: cushion, screw-down caseback, crown protector. DIAL: black, luminova index and hands, small seconds at 9 o'clock, date window at 3 o'clock. MOVEMENT: automatic. STRAP: rubber, steel folding clasp, signed. Dial, case and movement signed. Numbered 0467/2500. DIAM. 40 mm WITH: case, certificate and Cosc. Appraised by Géraldine Richard, SFEP expert assisting Cabinet Emeric Stephen PORTIER - +33 1 47 70 89 82 - experts@esportier.com Condition report by the expert: Numerous micro-scratches from use, shocks, chips on the glass rim, torn rubber strap. The movement was working at the time of writing, but cannot be guaranteed. Neither can the individual components, as repairs or restorations may have resulted in the replacement of some original parts. The movement has not been tested for accuracy, and may require service at the buyer's expense.