Panerai released its first ever 42mm Luminors - the PAM392 in stainless steel ($7,800) & PAM393 in red gold ($25,900).
PAM392 in stainless steel
PAM393 in red gold
I believe Panerai did this because they wanted to incorporate the in-house P.9000 movement in a smaller Luminor case. My guess is the 40mm Luminor case didn't work that well (maybe just a tad too small) so they decided to create a 42mm Luminor case? That would seem to be a logical reason IMO.
Many with small wrists have long time complained that the 44mm Luminors don't fit their wrists and that 44mm is just way too large. Well ... if you're on of these people, then definitely take a look at these smaller 42mm Luminors. They feel slightly larger on the wrist than the 40mm Luminors but not by that much. For those who only wear 44mm and 47mm Panerai's, you probably won't notice much difference between wearing a 40mm or 42mm Luminor IMO. I hardly noticed any difference as the increase in case size seems miminal on my wrist.
The PAM393 in red gold has a tobacco dial while its stainless steel counterpart utilizes a black dial. The cases of both models are all brushed finished except the bezels which are polished. The tang buckle is polished as well.
It'll be interesting to see if these new 42mm Luminors will gain traction with the die hard Panerai collectors. I don't think they will since they're targetted more towards the general watch fan who happens to like the Panerai design. But nevertheless, with the P.9000 movement into these 42mm Luminors, I would expect a manual wind version of the P.9000 movement to be housed in these new 42mm Luminors later in the future. So if you're waiting for a manual version of the PAM392 or PAM393, you'll wish will probably come true but I don't know how many year(s) you'll have to wait!
Below are videos the PAM392 & PAM393 so you can see them "live" virtually. Enjoy!
Cheers,
Anthony
PAM392 video
PAM393 video