Panerai’s Submersible has never been shy about its tool-watch identity, but the new PAM01756 changes the formula in a way collectors will notice immediately.
For the first time, the 44mm Submersible is being offered on a metal bracelet, giving one of Panerai’s signature dive-watch sizes a heavier, more integrated presence on the wrist.
It’s not just a bracelet swap either, because this reference also brings a fresh no-date dial layout and the newer P.980 automatic movement.
At a glance
- Panerai has introduced the Submersible PAM01756, the first 44mm Submersible fitted with a stainless steel bracelet.
- The watch has a black sunray-brushed no-date dial, a blue dive-time bezel and 500 metres of water resistance.
- It is priced at £11,000 and runs on Panerai’s automatic calibre P.980 with a 72-hour power reserve.
A cleaner 44mm Submersible dial
The PAM01756 sits in familiar Submersible territory with its 44mm stainless steel case, muscular bezel and unmistakable crown-protection system.
Where it starts to separate itself is the dial.
Panerai has used a sunray-brushed black dial with a blue bezel for timing immersion, but the more important detail is what’s missing.
There’s no date window at 3 o’clock, which gives the dial a more symmetrical and purposeful feel than the standard 44mm Submersible references that carry a date in that position.
Instead, the watch uses a luminous hour marker at 3 o’clock, a layout that echoes the recent Navy SEALs edition rather than the Mike Horn special edition, which uses an Arabic numeral on its time-only dial.
It’s a small design decision, but on a Panerai it changes the whole face of the watch.
The bracelet changes the personality
The steel bracelet is the defining move here, and it gives the PAM01756 a different character from the rubber-strap Submersibles that dominate the 44mm range.
Its construction follows the bracelet language seen on smaller Submersible models, including the 42mm PAM02068.
Technically, it’s an H-link bracelet, but each link has a half-circle form across its upper section, designed to visually echo Panerai’s crown-protection bridge.
That detail keeps the bracelet from looking generic and makes it feel connected to the case architecture rather than simply attached to it.
The mix of brushed and polished finishing also matters on a watch this large, catching light across the links and amplifying the already substantial wrist presence.
For collectors who have long wanted the 44mm Submersible in a full-steel configuration, this is the version that finally answers that request.
More dive-watch capability than most owners will need
The PAM01756 is rated to 500 metres, or 50 bar, which puts it firmly in serious dive-watch territory.
That level of water resistance is supported by a screwed steel caseback and makes the watch suitable for demanding underwater use well beyond recreational swimming or casual diving.
Inside, Panerai has fitted the automatic calibre P.980 rather than the P.900 used in the Navy SEALs model.
The P.980 brings a 72-hour power reserve and stop-seconds functionality, allowing the wearer to hack the seconds hand for more precise time setting.
It beats at 28,800 vibrations per hour, keeping the technical package in line with what buyers expect from a modern Panerai diver at this level.
Details & Specifications
| Brand | Panerai |
|---|---|
| Model | Submersible PAM01756 |
| Case size | 44mm |
| Case material | Stainless steel |
| Dial | Black sunray-brushed dial |
| Bezel | Blue dive-time bezel for immersion time calculation |
| Movement | Panerai calibre P.980, automatic |
| Frequency | 28,800 vph, 4 Hz |
| Power reserve | 72 hours |
| Functions | Hours, minutes, seconds, immersion time calculation, stop-seconds |
| Water resistance | 500m, 50 bar |
| Bracelet | Stainless steel bracelet |
| Price | £11,000 |
Where it sits in the Submersible line
At £11,000, the PAM01756 moves to the upper end of Panerai’s steel Submersible pricing.
The bracelet is a major part of that positioning, as is the upgraded movement with stop-seconds and the 72-hour reserve.
Its closest emotional comparison is the Navy SEALs-derived design language, but this watch translates that cleaner, no-date look into a broader steel-bracelet proposition.
That makes it less of a niche special-edition object and more of a core-collection answer to a request Panerai enthusiasts have had for years.
The result is a Submersible that feels familiar in size and purpose, but notably different in wear and attitude.
For the Panerai collector who prefers the brand’s larger dive watches and wants the permanence of steel on steel, the PAM01756 is a meaningful addition rather than a cosmetic footnote.
