Panerai GMT/Alarm (PAM 98) - Help!

[alohanakoni]

For all you Panerai connoisseurs.....I have an opportunity to purchase the PAM 98 GMT/Alarm piece. I never owned a Panerai before. Do you think it is a good decision? Will this watch go up in value in the future? What is your opinion?

[Tripp11]

I'm sure most would agree, buy a watch that sings to you and forget about resell value.

[mfer]

Originally Posted by alohanakoni

For all you Panerai connoisseurs.....I have an opportunity to purchase the PAM 98 GMT/Alarm piece. I never owned a Panerai before. Do you think it is a good decision? Will this watch go up in value in the future? What is your opinion?

If any of us knew the answer to that question, we would be buying them.

Don't buy a watch on the premise that it'll go up in value.

Buy a watch b/c you want it more than any other!

[alohanakoni]

thanks guys...i keep on hearing all this hype about how limited this piece and how hard it is to get.

[argee1977]

Lovely looking watch, great movement, limited run and it's a panerai, it might not go up in value that much but it should hold its value well. Whereabouts is the deal and what's the price?

[alohanakoni]

it's a local guy. the price is $6,700 USD. what do you think ryan?

[Tripp11]

http://www.rolexforums.com/showthread.php?t=57265

This might help...

[argee1977]

Originally Posted by alohanakoni

it's a local guy. the price is $6,700 USD. what do you think ryan?

I'm not 100% sure due to the mess up with the currencies just now, the 98 was produced for 6 years, with 500 a year being put out, so they're quite rare, they use the GP Cal 59 which is a lovely movement and they are a very striking example of a Radomir, at 42mm it's not overly large either, which can be a positive or a negative as the Radomirs come up a little smaller on the wrist.

I guess it's a case of do you think this is a good price, for $6700 you'd get a decent enough watch, but it's also 4 years old and could be in need of a service soon, which is another $500 or so, and of course a month away, so when you put that into the price it's more like $7200, maybe even slightly higher, so is this watch good for the price, or is there better on the market?

[Trurolexer]

Go for it!!!

[joey22latin]

I just bought one for $3900... I’m pretty excited. Most are going for around $6500 still.

[mfer]

Originally Posted by joey22latin

I just bought one for $3900... I’m pretty excited. Most are going for around $6500 still.

10 year thread bump.

[crazycarlitos]

Originally Posted by alohanakoni

Do you think it is a good decision? Will this watch go up in value in the future? What is your opinion?

Originally Posted by alohanakoni

it's a local guy. the price is $6,700 USD. what do you think ryan?

Originally Posted by joey22latin

I just bought one for $3900...

Originally Posted by mfer

10 year thread bump.

Hahaha I guess this watch didn’t hold its value in last ten years

Just goes to show u that no one can correctly predict future value

Buy it cause u like it