A Panerai 6152/1 with Luminor Panerai dial and crown protecting device is being offered on ebay right now.

Asking price is US $ 500,000.00 (hehe…)
“Possibly the finest example of a vintage Panerai in the world. It looks almost new although it is from 1950, complete with the original vintage Rolex movement. This 6152/1 is simply outstanding!!! This is the watch (along with the vintage Radiomir) that all modern Panerai are modeled after.
This watch comes from my personal collection and has a known provenance.”
This watch was offered on ebay a few time already with 1 picture only. The new listing has a few more pictures, also some of the movement.
Not much to say about case, dial and hands. They appear to be genuine and in a good condition.
The movement is being advertised as “original”. A closer looks reveals it consists of parts from many different Rolex 618 Types.

- Barrel bridge: Rolex 618 Type 1a (3646 Type A – C)
- Train bridge: Rolex 618 Type 2
- Escapement bridge: Rolex Type 2 or 3
- Balance cock with Breguet overcoil hairspring: Rolex 618 Type 1b (3646 Type D – G)
- Ratchet wheel: Rolex 618 Type 4
This movement is far from original. An original movement for this reference would be a Rolex 618 Type 3 or 4. The only part which matches the criteria is the ratchet wheel.

It is strange to see a 6152/1 in such good external condition having a movement assembled with non-matching parts.