The seller represents this timepiece as being in very good condition with light scratches on the case back and clasp. This timepiece was serviced on August 28th, 2026. It includes the boxes (inner and outer), a service receipt, and additional items. 

The Panerai Submersible PAM01232 is a 44mm professional-style dive watch featuring a lightweight Carbotech™ case and unidirectional rotating bezel, paired with a striking deep-blue dial. Carbotech is a carbon-fiber composite that gives each watch a unique layered appearance while being exceptionally lightweight, corrosion resistant, and durable. The watch is rated to 300 meters (30 bar) and features Panerai’s signature crown-protecting bridge, sapphire crystal, luminous markers, a date display at 3 o’clock, and small seconds at 9 o’clock.

Powering the PAM01232 is Panerai’s automatic P.900 movement, operating at 28,800 vph with approximately 72 hours of power reserve. It comes on a dark-blue rubber strap with an additional blue textile strap, secured by a DLC-coated titanium buckle. The combination of the Carbotech construction, blue colorway, 300m water resistance, lightweight feel, and three-day automatic movement makes the PAM01232 one of the more distinctive and technically impressive modern Submersible models.

This watch was recently serviced at Panerai and comes with new 2 year warranty. 

Very good condition with some light scratches on the caseback and clasp. 

Comes with watch, box, bezel protector, tools and service papers and receipt.