Panerai means different things to different collectors, but wherever you stand on the spectrum there's no denying that these things have presence!
Although not exactly small, Panerai do have a way of wearing smaller than advertised, with their excellent "cushion" case design that has become synonymous with the brand - particular the Radiomir examples with their wire lugs.
This particular piece, a Reference PAM00514, features a 47mm stainless steel cushion case with a sapphire crystal, a signed crown, a luminous matte black dial with a matching handset, and Panerais Calibre P.3000 hand-cranking movement, as visible through the sapphire exhibition caseback.
Couple fantastic design language with Panerai having one of the most vocally enthusiastic communities amongst wristwatch collectors, and you've got a hit combination.