This is an example of a replica made in two different factories, using totally different movements. In one case the manual-wind Lemania-copy (or more correctly, Venus-copy) movement is used. In the other watch an Asian-made clone of the ETA 7750 movement is visible through the exhibition back (note the rotor visible in the second group of photos.

Panerai PAM 212 with Lemania Movement

Panerai PAM-212 (Automatic movement Asian 7750)

Compare to Genuine Panerai PAM-212s on eBay

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