12....

So what did I get for Christmas? I got the PAM00118F. My first titanium Panerai and best of all, F series from 2003. 

The beautiful tobacco dial with painted markers. 

The well made and finished titanium case. Almost like new. 

The ETA 64XX based OP XI movement with the 'PANERAI PANERAI PANERAI' engravings...

Closer view of the engravings....

Indeed a beautiful piece.