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Old 19 November 2009, 03:37 PM   #1
stevenrobinson
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Panerai 203, 276, 306

What makes these watches so expensive? Do they use ultra complicated movements or are they using vintage movements in these watches. Someone please help with this question.
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Old 19 November 2009, 05:34 PM   #2
gmtobsessed
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276 & 306 are tourbillon, that explain the price.
203 have angelus, something extraordinary for
diehard pam lover I guess.
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Old 20 November 2009, 12:20 AM   #3
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Because they're so rare?
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Old 20 November 2009, 01:17 AM   #4
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Demand supply economics at work!
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Old 20 November 2009, 01:55 AM   #5
ocwatching
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Quote:
Originally Posted by Trurolexer View Post
Because they're so rare?
Heru explained it best...Panerais annual numbers pales in comparison to the numbers that Rolex produces per year (thrown around the web)...
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Old 20 November 2009, 02:48 AM   #6
TswaneNguni
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203 ...pre-recession for $150k and now at the bargain basement price of $95k !! Fot those that have the resources ...... The 203 is a MUST !! Had one on the wrist for 5 min ....and that was pretty special !!
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Old 20 November 2009, 04:51 AM   #7
mfer
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The 203 uses a historic Angelus 8-Day movement. It isn't made anymore and it was the original movement used by Panerai. Basically Panerai goes shopping all over the internet, watch shops, etc (just like we do) and try to find these old Angelus 8-Day movements. The clean them up back to brand new shape and slap them in a 203!

The production numbers are super low b/c of this and hence the insane price!
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Old 20 November 2009, 06:39 AM   #8
Joey_V
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203... good god I would love one. Too bad it'll be mostly as a safe piece because I can't pull off a 47mm Panerai Luminor.
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Former-watches: Omega PO/2535.80/2254, TAG Carrera/F1x2/Monaco, Panerai 312K/292L
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