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What grade is Penai watch?
In my opinion, Penahai watches belong to the luxury/high-end watch industry, and the grade is very high. The following is some information I have compiled:

Founded in 1860, it first manufactured precision instruments and watches for the Royal Italian Navy, and later became a world-renowned brand of advanced sports watches. Panerai's design style originated from Italy, combined with Swiss professional technology, each watch has a distinctive brand style and excellent quality.

For decades, Panerai has been a supplier of Italian navy, especially providing professional high-precision instruments for divers. Luminor and Radiomir watches designed by this company have long been regarded as military secrets, and they were not released in the international market until 1997 was acquired by Richemont Group.

Panerai is sold all over the world through the designated dealer network and Panerai specialty stores, and it is a boutique that wine tasters compete to collect.

To sum up, Panerai watches have a profound historical background, exquisite craftsmanship and distinctive style, and belong to luxury goods.