Pre-owned Panerai Submersible Luna Rossa ref PAM01543 (2025). “Luna Rossa,” which translates to “Red Moon” in Italian, is the name of the elite Italian sailing team Panerai has partnered with since 2019 as part of the America’s Cup. The collaboration feels especially natural given Panerai’s Italian roots and longstanding association with purpose-built tool watches designed for extreme environments. Since the partnership began, Luna Rossa models have become a distinct branch within the modern Panerai lineup, often featuring lightweight materials, sportier color palettes, and subtle tributes to competitive sailing. This ref. PAM01543 takes that formula in a more contemporary direction with a 44mm Ti-Ceramitech™ case and matching anti-clockwise rotating bezel. The material itself is one of the more interesting aspects of the watch, combining the lightweight properties of titanium with a ceramicized finish for added durability and a striking deep blue appearance. Against the bold blue case, the crisp white dial creates excellent contrast and gives the watch a noticeably more modern aesthetic than many traditional Panerai models. Shop Panerai Submersible Collection