This is going to be a very expensive watch, of course. It is not being made as a regular production piece, but neither is it a limited edition per se; Panerai intends to make a wide range of possible customization options available (up to and including an option to select a case metal other than red gold, though red gold is often considered the best alloy for repeaters). The base price, so to speak, is going to be around $395,000, but actual final price will vary, possibly considerably, based on which options the client chooses.

That said, this is an extremely unusual and technically unique watch in many respects – and we really can say unique, unless there is another triple-gong-carillon, dual-time-zone, dual-chime, openworked, offset-angle tourbillon watch out there, which I seriously doubt. In watchmaking you never know for sure of course, but I feel on pretty safe ground with this one. The watch will be available by special order at Panerai boutiques.

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The Radiomir 1940 Minute Repeater Carillon Tourbillon GMT: case, 49 mm, 18k red gold, water resistance 3 bar. Movement, Panerai caliber P.2005/MR; time, GMT, power reserve on the back, decimal repeater on three gongs with three hammers, selectable repetition of the time for either home or local time. 16 1/4 lignes in diameter, 10.35 mm thick, 28,800 vph running in 59 jewels. Four day power reserve, twin barrels.