http://www.thewatchbox.com Exclusivity is the ultimate added value, and the PAM286 has it. While Panerai production amounts to a fraction of the output of the "Big Three" (Rolex, Omega, Breitling), the company still issues tens of thousands of watches per year. Within that pool, there are Special Editions that a produced in limited runs with individual numbers. Refine the field even further, and you find the Classic Yachts Challenge Special Editions, an annual run of a single model within the Special Edition family. The PAM286 was the 500-unit representative of the 2007 series. Exotic by virtue of rarity alone, the PAM286's allure grows thanks to a rattrapante (split-second) chronograph that permits timing of two simultaneous events. In racing competition of all descriptions, this is the ultimate high-horology complication, and its double-stop action is one heck of a crowd-pleaser when among company. Even considering all brands combined, rattrapante watches represent an infinitesimally small fraction of Swill luxury watch production. Also a styling standout, the PAM286 features a compelling mix of sea tones and unique waffle-pattern "hobnail" dial. The look of the Panerai Luminor is iconic and instantly recognizable to luxury watch admirers of all stripes. Combine that classic profile with a complication and a lively color scheme, and the result is a watch that will never get lost in a crowd - even when among other Panerais. Video and content by Tim Mosso.