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It’s not often that a brand pays homage to its most loyal supporters with a special edition release, but Italian watchmaker Panerai has done exactly that with the brand new PAM 532 “Paneristi Forever” watch. Designed in honor of Panerai’s so-called “Paneristi,” this new PAM 532 boasts a 47mm Radiomir 1940 DLC-coated steel case with a hand-wound Panerai P.3000 caliber, a black face, cream-colored markers, and a brown leather strap with contrast stitching. The label’s first “Paneristi” homage since 2010, the PAM 532 comes complete with a “Paneristi Forever” inscription on the steel case back. Limited to 500 pieces, the design is soon to be available at select dealers for €9,200 EUR (approximately $12,400 USD).