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15 September 2017, 02:34 PM | #1 |
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Join Date: Jul 2008
Location: Somewhere good
Watch: 116600
Posts: 64
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Buying used. Please advise
For some strange reason, I got this urge to get Panerai watch and after one visit to local AD, it was over- I am hooked to Panerai.
So .. I have chance to get used PAM557 at a reasonable price according to Chrono24 / eBay pricing. The seller is providing box, papers, and sales receipts. The watch is out of warranty, but the seller is the original owner and bought the watch from a local AD. Seller provided bunch of pics, I carefully inspected the serial numbers on the case and movement and compared to what's on paper and they match. Seller is willing to deal on Paypal. Is there anything else I should look out for? Thanks.
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Current Watches: 116600 and 311.30.42.30.01.006 and 00557 |
15 September 2017, 03:25 PM | #2 |
"TRF" Member
Join Date: Jul 2008
Real Name: David
Location: London+Guangzhou
Watch: ing watches
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As long as the papers are all present and the watch looks fine then there is little more you can do to check - the watch should be fine. If you have photos you can post them here and some of our resident experts can take a peek and let you know if it looks ok.
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Rolex Sea Dweller 116600, GMT Master II 16710 (Pepsi) and 116710 BLNR, Daytona 116500LN, Submariner 14060M. |
15 September 2017, 06:45 PM | #3 |
"TRF" Member
Join Date: Feb 2017
Location: Chicago
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I recently bought a used PAM from WUS and did everything you did. I also posted all the pics on multiple subreddits for people to weigh in on authenticity. You can ask for other specific photos of the movement and the watch set to a specific time. I paid with PayPal for buyer protection (worth 3% imo). The best advice I received, however, was to buy the seller, not the watch. Check references and speak to them. Do your homework. It's worth it.
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15 September 2017, 07:29 PM | #4 |
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Join Date: Nov 2012
Location: woodmere,ny
Posts: 567
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As a purchaser you are covered with paypal.
They always take the buyers side in a dispute. Not good to be the seller. He has more to lose.
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15 September 2017, 09:02 PM | #5 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 45,625
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Sounds like you are doing all the right things. I would call the AD and confirm the purchase and see if they have any history with the watch coming back for warranty work or any other issues. I would also determine from the AD when the watch needs to be serviced and the cost. If it needs a service or will need it soon I would use that as a point to get a better deal. Service on the watch could run as high as a $1000 depending on the model and if you add that into your cost it makes the deal less appealing. Good luck.
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15 September 2017, 11:34 PM | #6 |
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Join Date: Oct 2014
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If it's not in person, ask for a new pic or two with something to identify they have possession of the watch, and not just pictures; a reference check is a good idea as well.
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16 September 2017, 04:06 AM | #7 |
"TRF" Member
Join Date: Jul 2008
Location: Somewhere good
Watch: 116600
Posts: 64
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Guys, I called the store and store confirmed that they sold the watch based on serial number. So I guess this is as legit as it can be.
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Current Watches: 116600 and 311.30.42.30.01.006 and 00557 |
16 September 2017, 10:58 AM | #8 |
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Location: Canada
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You have nothing to worry about, paypal will be always on your side
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22 September 2017, 09:58 PM | #9 |
"TRF" Member
Join Date: Jul 2008
Location: Somewhere good
Watch: 116600
Posts: 64
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Current Watches: 116600 and 311.30.42.30.01.006 and 00557 |
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