Limited to just 1,000 pieces worldwide, this all-black special edition pairs a 47mm matte ceramic case with the vintage-toned lume that has made the Ceramica a favorite among Panerai collectors. Built for those who want maximum wrist presence without the flash, it delivers true dive capability in a package that wears lighter than its size suggests.

Presents itself in mint condition with little to no signs of wear. Carved from matte black zirconium oxide ceramic, the 47mm cushion case resists scratches while holding a deep, uniform black finish edge to edge. Framed by a ceramic dive bezel with beige-toned markings, the black dial carries faux-vintage cream markers that glow bright green in the dark. Wrapped in a black Panerai rubber strap secured by the signature trapezoid buckle, the whole package sits comfortably on the wrist thanks to its lightweight ceramic construction.

Functions include hours, minutes, small seconds, date, and dive-time tracking. Once the lever of Panerai’s patented crown-protecting bridge is released, the crown winds the twin-barrel movement in its neutral position. Pulled to its first position, the crown jumps the hour hand in one-hour steps forward or backward, moving the date with it as it passes midnight, and pulled fully out, it stops the small seconds so the minutes can be set precisely. The unidirectional bezel turns counter-clockwise with a firm ratchet click to track immersion time, and a full wind stores three days of running power.

A strong addition for collectors who want one of the boldest expressions of Panerai’s dive heritage, with unmistakable presence and a stealthy ceramic profile. For those drawn to Panerai at its most distinctive, this Ceramica is well worth a closer look.