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The P.5000 are hit-or-miss. Not all suffered from the severe inaccuracy when first wound (I am told it was from overlubricating the movement…the watch simply can’t handle the full power and speeds up substantially at first). I had a 590 that suffered from the issue…I could literally watch it gain a second a minute for the first 5 or 10 minutes. Ended up gaining about 30 seconds over the first day, would settle down quite well (within a second or two per day) for all but the last day. It is a problem that can be fixed with a clean and service…but it is also a problem that can be introduced into a previously perfectly performing watch with a poor service.
Classic vs. modern: how much does “in-house” mean to you? The 111’s movement can be serviced by anyone, anytime, anywhere…for much less than Panerai service will cost. But it is an ETA. The in-house P.5000 is just that…but it also means Richmonte service (or a handful of specialists?).
Finally…are you *sure* 47mm isn’t for you? I thought the same (6 3/4” wrist)…the 590 was my first. But between my movement issue, and time getting used to wearing a Panerai, I realized after a year or so that while “on paper” 47mm is just ridiculously huge for me, for a Panerai I just don’t care…they are *SUPPOSED* to be large instruments, divorced from typical watch thinking. I replaced the 590 with a 557 and couldn’t be happier.
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