[inadeje]

Originally Posted by Ravager135

None are investment pieces. Even the 127 which seems to have gone up the most (relative to its initial price) has sort of reached a ceiling. The limited editions even going back 7-8 years now haven't really gone up in price. Panerai has really saturated the market with too many similar releases. Some of the bronze divers which were commanding decent prices are going to take a hit now that Panerai is releasing other bronze models. Panerai will put out an interesting Radiomir 1940 with a blue dial, then a year later release another with a blue dial that is almost identical. They do this over and over.

The lesson with Panerai is to find good examples of what you like about the brand and get them at a discount.

I agree. I sold my Tuttonero and 352 just before the market nose dived. I then sold my 526 Regatta. Thankfully I didn’t lose any money because all were bought way below retail. In fact I enjoyed all three for quite some time and, on two I made a few dollars. The third I broke even. I’ve only kept the 4 because I believe they will always be pure Panerai and, as LE models with no modern variant, are well chosen, I think I’ll be ok. No plans to sell anyway. The 111 with OPX is my beater and, oddly enough, its a very accomplished piece, despite being pretty low cost. The 687 is quite a bizarre watch but, every time I think of selling it, I wear it a day or two and fall back in love.