Introducing Panerai’s utterly pointless yet sublimely beautiful 26,700USD golden show pony, AKA the new Submersible 42MM Goldtech™ AKA PAM00974.

It only has 100 meters of water-resistance; it lacks typical Submersible diver’s features such as a Helium Escape Valve –

yet thanks to its Goldtech™ construction it boasts the same kind of durability that you would expect from military-grade diving equipment.

Its case measures 42mm in diameter 42mm with a gleaming polished finish which is matched to matte black ceramic-inlayed Goldtech™ diver’s bezel.

The dial is in matte black with a matte black sub-dial at 9 and a date window at 3. This accented with gold: hands, Submersible and WR text and sub-seconds hand.

Power comes from an in-house OP XXXIV caliber which can be viewed through a Sapphire exhibition case-back.

The Submersible Goldtech™is delivered on a handmade black calfskin strap with or one of Panerai’s iconic articulated rubber diver’s strap with a Goldtech™ buckle.

Thoughts? Panerai say of this gleaming new addition to the Submersible collection that it offers a new gold standard in watch-making with –

a confluence of style, sophistication, and strength being a paradigm of modern luxury!

Sure, if they say so but seriously who’s gonna’ pony up almost 28K for what is otherwise a subpar Submersible?