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Old 27 July 2012, 11:45 AM   #1
mfer
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How much does lack of papers affect value

Some brands like Panerai can take a BIG hit without papers. Box not so much as it can be had. How are Omegas without papers/cards?

Thanks!
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Old 27 July 2012, 03:19 PM   #2
Kringkily
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The hit isn't big IMO until you reach the vintage lines. Watches still sell as long as a box can be sourced while a Panerai is extremely hard to sell without papers
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Old 27 July 2012, 06:04 PM   #3
sarir97
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Pardon my ignorance, but what's special about Panerai papers that makes the watch hard to sell without it?
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Old 27 July 2012, 08:46 PM   #4
mondodec
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Contemporary Omegas without papers take a small hit and probably are marginally not as readily saleable as those with box and papers etc. Another reason for the preference for papers is to establish a line of ownership.

With home break-ins and other forms of larcency, there are numerous contemporary pieces out there that are stolen, and often they can be identified if the original owner has been smart enough to keep a separate record of serials numbers. So papers are extra insurance.

With vintage watches, paper add to the value of a piece as provenence is worth money. Boxes can be obtained on most occasions, but papers and particulalry chronometer certificates are very attractive to collectors and can add up to 25% value to fine pieces, but not so much for the middle condition market..

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Old 27 July 2012, 10:38 PM   #5
mfer
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Quote:
Originally Posted by sarir97 View Post
Pardon my ignorance, but what's special about Panerai papers that makes the watch hard to sell without it?
Just the fact that the majority of the Panerai community is obsessed with full box and papers. Many Panerai use a common 6497 movement. The papers tie the case serial number to the movement serial number, giving you pretty good reassurance.
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Old 28 July 2012, 05:33 AM   #6
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Because of the internet I think any quality watch is harder to sell without box and papers.....
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