Designed specifically for active sports divers, Panerai's PAM 305 ($10,000), also known as the Luminor Submersible 1950, blends reliability and elegant styling. It features a titanium construction with a 300 meter depth rating that's sure to please even the most demanding divers. The PAM 305 sports a sapphire crystal glass with anti-reflective coating, anti-clockwise rotating bezel and a rubber strap outfitted with titanium, brushed buckle.