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As a nod to dedicated brand lovers in the US, Panerai releases four limited edition watches for the cities it feels have the highest concentration of US watch collectors. There will be two watches for each city - each with a specially engraved caseback. The Beverly Hills models have an engraving of Beverly Blvd, complete with palm trees, while the New York models will have a section of the Statue of Liberty on the back of the case.Panerai fans have proven to gobble up limited edition pieces such as this, so I anticipate a healthy reaction. Beverly Hills gets the Panerai PAM 406 and the PAM 416. The 406 is a my favorite one, being a Luminor 1950 10 Days GMT watch. This watch will retail for $17,900, being the most expensive of the bunch (looks like I have ritzy taste). There will also the more *** PAM 416, which is a much more basic Luminor Marina model with the time a subsidiary seconds dial. This one will go for $5,100. New York gets the PAM 407, which is a Radiomir 8 Days with a price of $12,500. it also gets the PAM 417, which is the same as the PAM 416, but with the New York style caseback engraving. All of the watches are in steel with brown leather straps. Al are 44mm wide, save for the Radiomir which is 45mm wide. The 406 and 407 will be limited to just 20 pieces, but the 416 and 417 will be limited to 150 pieces each. The watches will be available only at Panerai boutique stores in their respective cities. Ariel Adams publishes the luxury watch reviews site aBlogtoRead.com. Gallery: Panerai PAM 416/417

For all of you inquiring about the Ferrari watch made by Panerai we have great news for you!Yes, it is true, Panerai will manufacture watches for Ferrari and we do have limited supplies of the Ferrari by Panerai replica watch . Luxury watch brand Panerai has entered into an agreement to develop, manufacture and distribute watches under the Ferrari brand. Panerai also has been named “Official Timekeeper to Ferrari,” a rep for the watchmaker said Tuesday. The watches, which will be available at retail in early August, come in 11 styles and range in price from $5,300 to $26,500. The models in the Scuderia Collection display the famous Ferrari shield with the prancing horse, which first appeared on a Scuderia Ferrari car in 1932. The Granturismo Collection celebrates the famous Ferrari black-and-red color combination and also features the prancing horse. Panerai is a brand of Compagnie Financiere Richemont and does its own in-house advertising. Based in Geneva, Switzerland, Richemont’s portfolio of brands includes Cartier, Van Cleef & Arpels, Alfred Dunhill, Montblanc, and Piaget.The company’s ad budget was $1.3 million in 2005, per Nielsen Monitor-Plus