At Watches & Wonders 2026 Panerai are focussing on their Luminor collection with six additions to the iconic cushion case tool watch range featuring manual winding movement. There’s a pair of 44mm models, a pair of 47mm models, an 8-day power reserve edition and last but by no means least, a 31-day power reserve model. Let’s get into it.
Panerai Luminor 44mm
Panerai watches are well known for their large proportions, a feature that the Paneristi (Panerai fans) have always embraced even during the height of the sub 38mm trend seen across the past few years. The new Luminor 44mm models are the smallest of Panerai’s 2026 Watches and Wonders launches and they’re already bigger than the majority of other watches at the show.
First up is the PAM01731, a tobacco brown model with the signature sandwich dial consisting of a solid base plate, a layer of beige lume and then the top dial plate with cutout hour markers revealing the lume below. It’s designed to be clear and legible in keeping with the Luminor’s dive watch heritage, which is also supported by the 300m water resistance rating and crown locking system.
The second 44mm edition is the PAM01732 Destro, which switches things up by moving the crown to 9 o’clock (something that is more common for Panerai than most other brands) and removing the small seconds subdial. It’s also presented in an aquatic blue colour that also pairs well with the beige lume elements to create a maritime aesthetic.
Both models house the P.6000 manual movement with 72-hour power reserve. It’s visible through the exhibition caseback where you can see the brushed finishing across the plate. This is the entry-level model in the 2026 releases priced at £7,700.
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Panerai Luminor 47mm
The next pair of watches is the 47mm duo, which is the original sizing of the Luminor when it was first introduced back in the 1950s. It makes for a true behemoth of a watch suited to the forearms of soldiers, professional wrestlers and body builders.
PAM01735 pairs the 47mm steel case with an ivory sandwich dial and small seconds display. It’s joined by the PAM01629, which is presented not in steel but forged titanium – the first time Panerai have used this material. It’s their version of Damascus titanium, where two grades of titanium are forged together creating a distinctive wave pattern in the surface of the metal.
Powering both versions is the P.3000 calibre with 72-hour power reserve. You can view it through the exhibition caseback where it has brushed finishing like the P.6000 but exposes a bit more of the inner workings via open portions bordered by bevelled edges.
For pricing, the PAM01735 is £10,400 and non-limited while the titanium PAM01629 is £19,800 in a 100-piece limited edition.
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Panerai Luminor 8 Giorni
While the headline statistic regarding the Panerai Luminor 8 Giorni is its 8-day power reserve, that’s not actually the focus on the new addition to the series. This watch is all about the style and finishing. Starting with the case, it measures 44mm in steel with Panerai’s signature Brunito finish, which they introduced back in 2023. It’s a form of weathered finish that gives the watch a worn and aged look, giving it plenty of character straight out of the watch box. To achieve this finish, they give the case a black PVD finish and then manually brush it away to reveal the steel beneath.
Here, the Brunito case has been paired with a dark grey sandwich dial featuring beige lume to tie into the neo-vintage look. The dial has a circular brushed finish that makes it stand out when lined up next to other Luminors that typically have sunray brushed or matte dials. A relatively subtle change but one that has disproportionate impact on the look of the watch, making it feel more special in combination with the case.
Powering the watch and providing that headline power reserve is the P.5000 manual-wind movement. It achieves that 8-day reserve through a double barrel system, which is where a watch stores its energy when you wind it. It has the familiar straight line brushing across its mainplate when viewed through the exhibition caseback.
It’s priced at £9,500, which is about £3,000 higher than the previous Luminor 8 Giorni, but for understandable reasons given the amazing finishing work and additional functions (this model has a small seconds where the existing model doesn’t).
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Panerai Luminor 31 Giorni
While an 8-day power reserve is impressive by most standards, Panerai have already exceeded that with their collection of 10-day power reserve watches. But now, they have pushed beyond even that with the introduction of their first 31-day (744-hour) power reserve, providing mechanical watch operation for the span of an entire month. To do so, they have developed a new movement in the form of the P.2031/S, which took seven years to develop.
The primary component in achieving this is the quad barrel system, which employs over 3 metres of spring to store all that energy. It makes use of a low-torque, rapid spinning energy release to provide consistent energy to the watch. But even then, there is still a risk that the system might damage itself and so Panerai have developed a patent-pending ‘torque limiter’ that protects the watch from too much or too little torque. In order to do that, the watch actually has a total power reserve capacity of 36-days, but it stops operating after 31 intentionally for safety – on a technical level the 5 days that are not used are split between when there’s too much torque at the start and when there’s not enough at the end.
Zooming out from the movement, the Panerai Luminor 31 Giorni has a 44mm goldtech (Panerai’s proprietary gold alloy) case in the classic cushion shape. The gold contrasts nicely with the black openworked dial that reveals the inner workings of the watch beneath. The display consists of central hours and minutes, small seconds, date, and power reserve indicator. To cap things off, the central hour hand has a true-GMT style jumping function that lets you adjust it in intervals of one hour without altering the rest of the display for ease of setting.
Between the new movement, gold case and fact that it’s a 200-piece limited edition, it’s unsurprisingly quite an exclusive watch at a price of £69,100.
