Panerai Luminor Luminor GMT Ghost

Reference PAM00237

About this watch

The Panerai PAM00237 Luminor GMT Ghost is a remarkable timepiece that embodies the spirit of adventure and elegance. With its robust design, impressive functionality, and timeless aesthetics, it's a watch that will not only elevate your wrist game but also serve you well in various situations. Its distinctive cushion-shaped case provides durability and a comfortable feel on the wrist. The sleek black dial features mixed indexes and stick hands for practicality, while luminous markers add a delightful touch for night adventures. The additional 24-hour hand allows you to track a second time zone, perfect for globetrotters. Powered by the Panerai caliber OP VIII, an automatic movement based on the reliable ETA 7750, this watch boasts a frequency of 28,800 vibrations per hour and a power reserve of 42 hours. With a 300-meter water resistance and high-quality leather strap, it's built to withstand dynamic lifestyles. Whether you're a seasoned collector or a first-time luxury buyer, this watch is sure to impress.

Buy Now on Jomashop

This is an affiliate link

Key Features

Panerai caliber OP VIII automatic movement
44mm cushion-shaped stainless steel case
300m water resistance
Sapphire glass
24-hour hand for second time zone tracking
Luminous markers for night visibility
Leather strap with 24mm lug width

Specifications

Brand

Panerai

Family

Luminor

Model

Luminor GMT Ghost

Reference

PAM00237

Movement

op-viii

Movement Features

Additional 24 Hour Hand (adjustable), Hours, Minutes, Small Seconds
Date

Case

Stainless Steel 44mm

Dial Color

Black

Crystal

Sapphire

Water Resistance

300

Current Listings

Panerai Luminor Submersible 1950 Flyback Chronograph Full Set, Excellent Condition, Titanium 47mm PAM00615 PAM615

Panerai - PAM00615 · $8,250

This 2016 Panerai Luminor Submersible Flyback Chronograph features a 47mm brushed titanium case, deep blue dial, and in-house P.9100 flyback chronograph movement.

Condition: Excellent Condition
Case material: Titanium
Case size: 47mm
Water resistance: Professional dive rating

Posted at

Jan 9, 2026, 1:01 AM

Active

View listing on r/WatchExchange

2022 Panerai Luminor Marina Automatic White Dial Steel 44mm PAM01314 Full Set

Panerai - PAM01314 · $4,900

This 2022 Panerai Luminor Marina features a white dial and automatic movement, housed in a stainless steel case measuring 44mm.

Condition: Preowned condition with some scratches on the case, bezel and buckle
Case Dimensions: 44mm
Bezel Material: Stainless Steel
Dial Color: White

Posted at

Jan 8, 2026, 8:20 PM

Active

View listing on r/WatchExchange

Panerai Luminor Submersible 42mm PAM00684 – Rose Gold – 2019 Box & Papers – Good Condition – 17,500 Shipped – Trades Welcome

Panerai - PAM00684 · $17,500

The Panerai Luminor Submersible 42mm is a rose-gold Submersible that blends tool-watch DNA with precious-metal luxury. This modern Panerai size is wearable on a wide range of wrists while delivering the brand's bold presence.

Condition: good overall condition
Case size: 42mm
Case material: 5NPT rose gold
Dial color: black

Posted at

Jan 8, 2026, 3:01 PM

Active

View listing on r/WatchExchange

Panerai Luminor Officine Brown Dial B&P PAM01385/PAM 1385 45mm $4,199.00

Panerai - PAM01385/PAM 1385 · $4,199

This is a Panerai Luminor Officine, a limited boutique edition with a brown dial and 45mm stainless steel case. It features a manual-winding movement with a 72-hour power reserve and 100M water resistance.

Condition: Great pre-owned condition
Case size: 45mm
Movement type: Manual-winding
Depth rating: 100M Water Resistance

Posted at

Jan 8, 2026, 10:33 AM

Active

View listing on r/WatchExchange

2022 Panerai Luminor Marina Specchio Blu PAM01316 — Near Mint Condition, Box & Card

Panerai - PAM01316 · $5,800

The Panerai Luminor Marina Specchio Blu PAM01316 (2022) pairs the brand’s iconic 44mm Luminor case with a vibrant blue sunburst dial for a bold yet refined look.

Condition: Near mint condition with slight wear throughout.
Box: yes
Papers: yes
Case size: 44mm diameter

Posted at

Jan 6, 2026, 8:30 AM

Active

View listing on r/WatchExchange

2005 Panerai Luminor Sealand for Purdey PAM00817 — Mint Condition, Watch Only

Panerai - PAM00817 · $13,500

The Panerai Luminor Sealand for Purdey is a rare collaboration piece featuring a stainless steel case with hand-engraved protective cover, embodying rugged utility and refined detail.

Condition: Mint condition
Case size: 44mm diameter
Lug to lug: ~53.5-54mm
Thickness: 19mm

Posted at

Jan 6, 2026, 8:20 AM

Active

View listing on r/WatchExchange

2015 Panerai Luminor Marina Brown (Tobacco) Dial Titanium Exhibition Case Back - PAM00564

Panerai - PAM00564 · $3,995

The Panerai Luminor Marina Brown Dial Titanium Open Case Back Watch (PAM00564) is a luxurious and stylish timepiece, featuring an Arabic numeral dial with baton indexes and a water resistance of 300m.

Condition: Very nice preowned polished condition
Case size: 44mm
Water depth rating: 300m
Strap material: black alligator

Posted at

Jan 4, 2026, 6:35 PM

Active

View listing on r/WatchExchange

Panerai Luminor Venticinque 44mm Brunito Steel Blue PAM02025

Panerai - PAM02025 · $9,525

The Luminor Venticinque PAM02025 celebrates 25 years of the Paneristi community with just 1,000 pieces produced worldwide. This piece pays homage to well loved references like the 127 and 673 with its Marina Militare style hands, while incorporating modern touches like the gradient blue sandwich dial and brunito steel finish.

Condition: Excellent, near mint condition
Case size: 44mm
Case material: Brunito Steel
Movement: P.6000 manual wind

Posted at

Jan 4, 2026, 4:34 PM

Active

View listing on r/WatchExchange