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Freikorptrasher · 18 April 2018, 12:15 AM

Is it me or are Panerai going up value like Rolex.

nick c · 18 April 2018, 01:15 AM

I hope so LOL

ocwatching · 18 April 2018, 01:58 AM

sure like to know where you are getting this info...lol..
up and up from MSRP?

Paul_I · 18 April 2018, 02:08 AM

Think it might just be you. Do you have an example?

brandrea · 18 April 2018, 02:26 AM

Quote:

Originally Posted by nick c

I hope so LOL

That makes two of us

OP, i think depending on the reference, zone are holding up pretty well

subtona · 18 April 2018, 02:36 AM

Who?

rootbeer7 · 18 April 2018, 05:57 AM

I would suggest a few key pieces are holding their own. Can’t see price rises.

stockae92 · 18 April 2018, 06:14 AM

Quote:

Originally Posted by Freikorptrasher

Is it me or are Panerai going up value like Rolex.

Only for certain limited edition model maybe, like the bronzo

but i am not seeing that for other models.

I am not selling so up or down means very little to me.

KBM · 18 April 2018, 08:28 AM

As a whole, no, unfortunately not. For the most part, it's still a game of buying right and hoping to keep what you have.

Doctock · 21 April 2018, 05:09 AM

As an owner of several "older" series Panerai watches, my impression is that prices continue to fall on the secondary market.
I have a RG Panerai 273 that I've been offered almost $10K less than I paid, and I did not buy poorly (I thought) at the time.

Fortunately, the remaining 88, 170, 335, 49 (wife's) are currently "keepers" and I was offered decent $ in trade on a 243 [bought well] for a much more expensive AP.

raky · 21 April 2018, 05:25 AM

My 213 had an MSRP apparently of $14k. I paid half that last year pre-owned. If it holds flat from what I paid I will be happy. It isn't a Rolex so I don't expect any appreciation (like my GMT experienced compared to the price I paid).

rozyd · 21 April 2018, 05:30 AM

Looks like I could get $1,000-$1,200 more for my 111. Mind you I bought that in 2003.

subtona · 21 April 2018, 06:36 AM

Quote:

Originally Posted by rozyd

Looks like I could get $1,000-$1,200 more for my 111. Mind you I bought that in 2003.

111 (and 000) is a solid purchase among Panerai's offerings.
However, I think it speaks to the appetite for the brand that this thread has had so litttle response since posted.

toph · 21 April 2018, 10:12 AM

My impression is that the secondary market has fallen by about 10-20% in recent years.
Also much of the former hype surrounding limited editions and things seems to have ebbed too.

Ruud Van Driver · 21 April 2018, 03:05 PM

I bought mine to keep so couldn’t care less

Maltie · 21 April 2018, 03:59 PM

I just sold 4 Panerai’s taking a 11K eur hit, no more PAM’s for me.
I initially bought them at retail minus 30%, thought I would be safe

Bt122 · 21 April 2018, 11:56 PM

Yeah not sure where you see it going up... I want to one but wife ain’t too thrilled about declining values.

rebel_1 · 22 April 2018, 12:02 AM

Seems like the Panerai craze ended around 2014 or so. I still like the brand, but the values are substantially less over the last four years. The 372 use to be red hot as well as the 233, now both can be had for WAY less money. I still have my 512 and will be keeping it but I don’t surmise to flip it for any gain in the future.

Ravager135 · 22 April 2018, 12:15 AM

I think some of the older base models and models without a "1" before them have gone slightly up. Some people dislike the "compromises" made on the new logo models or dislike the addition of blue and automatic on the dials on the 1950 models. On the whole though, among the models that haven't really changed, I haven't noticed a big change. Models like the 372 can be had at almost half off used.

brandrea · 22 April 2018, 12:20 AM

Quote:

Originally Posted by Ruud Van Driver

I bought mine to keep so couldn’t care less

Me too Paul ... some of us even paid over retail

itsjknight · 22 April 2018, 04:20 AM

Quote:

Originally Posted by Ruud Van Driver

I bought mine to keep so couldn’t care less

Same here.

2mgversed · 22 April 2018, 05:42 AM

be really could if it diddddd

fullcourt · 22 April 2018, 10:57 AM

Quote:

Originally Posted by Ruud Van Driver

I bought mine to keep so couldn’t care less

^^^^this

bruinmd · 23 April 2018, 11:58 AM

Quote:

Originally Posted by Freikorptrasher

Is it me or are Panerai going up value like Rolex.

Short answer: No.

Panerai has taken a big hit over the last couple of years in terms of overall demand for the watch relative to 7-10 years ago, but there are still certain models that hold value very well and keep their value.
Want proof of the decreased demand? Look at their price drops across the board that occurred around 2015/2016 on all of their models.

Get a PAM because you love it and plan on keeping it........not b/c you think it may hold value with the expectation of flipping it down the road.

ajas · 23 April 2018, 10:39 PM

Quote:

Originally Posted by Ruud Van Driver

I bought mine to keep so couldn’t care less

Exactly the same for me. Don`t care.

dmash · 23 April 2018, 11:40 PM

Quote:

Originally Posted by rebel_1

Seems like the Panerai craze ended around 2014 or so. I still like the brand, but the values are substantially less over the last four years. The 372 use to be red hot as well as the 233, now both can be had for WAY less money. I still have my 512 and will be keeping it but I don’t surmise to flip it for any gain in the future.

I can’t believe that I sold my PAM312 in 2012, for more than I can buy one right now. That’s insane!

bruinmd · 24 April 2018, 09:25 AM

Quote:

Originally Posted by dmash

I can’t believe that I sold my PAM312 in 2012, for more than I can buy one right now. That’s insane!

you timed it well

azcii · 25 April 2018, 12:03 AM

Prices are lower than ever in Sweden as well. You can get a 372 in brilliant condition for under 5000 euros now.

Vaxe · 26 April 2018, 12:33 PM

I bought my 512 new from AD for $6800, just sold for $4000. Bought a 372 for $4800, so I guess resale is 50% now? See a bunch of older refs sitting in displays as well, especially since they keep releasing newer and better models. Rough spot to be in for Panerai.

jenniferjanef · 27 April 2018, 05:35 AM

Yeah.. I think price are low now however the 372 is one heck of a nice looking watch! It truly is punching way above its price range. Great time to buy!

18 April 2018, 12:15 AM	#1
Freikorptrasher "TRF" Member Join Date: Apr 2018 Location: Singapore Posts: 23	Is Panerai value going up and up? Is it me or are Panerai going up value like Rolex.

18 April 2018, 01:58 AM	#3
ocwatching "TRF" Member Join Date: Jan 2009 Real Name: Phil Location: CA Posts: 5,372	sure like to know where you are getting this info...lol.. up and up from MSRP? __________________ too much into watches...

18 April 2018, 02:08 AM	#4
Paul_I "TRF" Member Join Date: May 2015 Location: USA Posts: 1,448	Think it might just be you. Do you have an example? __________________

18 April 2018, 02:36 AM	#6
subtona "TRF" Member Join Date: Jan 2011 Real Name: gus Location: East Coast Watch: APK & sometimes Y Posts: 25,987	Who? __________________

18 April 2018, 05:57 AM	#7
rootbeer7 "TRF" Member Join Date: Jan 2014 Location: london Posts: 5,950	I would suggest a few key pieces are holding their own. Can’t see price rises. __________________ @imrootbeer7

18 April 2018, 01:15 AM	#2
nick c Banned Join Date: Feb 2012 Location: Canada Posts: 26,846	I hope so LOL

18 April 2018, 08:28 AM	#9
KBM 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jan 2010 Real Name: K. Location: 780 Posts: 10,386	As a whole, no, unfortunately not. For the most part, it's still a game of buying right and hoping to keep what you have.

21 April 2018, 05:09 AM	#10
Doctock "TRF" Member Join Date: Dec 2015 Location: USA Watch: Yes Posts: 224	As an owner of several "older" series Panerai watches, my impression is that prices continue to fall on the secondary market. I have a RG Panerai 273 that I've been offered almost $10K less than I paid, and I did not buy poorly (I thought) at the time. Fortunately, the remaining 88, 170, 335, 49 (wife's) are currently "keepers" and I was offered decent $ in trade on a 243 [bought well] for a much more expensive AP.

21 April 2018, 05:25 AM	#11
raky "TRF" Member Join Date: Jun 2014 Real Name: Raky Location: Houston, TX Watch: Blue Sky-Dweller Posts: 442	My 213 had an MSRP apparently of $14k. I paid half that last year pre-owned. If it holds flat from what I paid I will be happy. It isn't a Rolex so I don't expect any appreciation (like my GMT experienced compared to the price I paid).

21 April 2018, 05:30 AM	#12
rozyd "TRF" Member Join Date: Nov 2010 Location: Michigan Watch: SD,DD,Exp1,Daytona Posts: 550	Looks like I could get $1,000-$1,200 more for my 111. Mind you I bought that in 2003.

21 April 2018, 10:12 AM	#14
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	My impression is that the secondary market has fallen by about 10-20% in recent years. Also much of the former hype surrounding limited editions and things seems to have ebbed too. __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

21 April 2018, 03:05 PM	#15
Ruud Van Driver "TRF" Member Join Date: Oct 2014 Real Name: Chopped Liver Location: S. Wales Valleys Watch: Mickey Mouse Posts: 9,924	I bought mine to keep so couldn’t care less __________________ 116520 Black, 116610 LVc, 116660 D-Blue, 116610 LNc, 116622 Blue, PAM359, PAM689, PAM737 *"Why should you allow an AD to shake you down, just so you can buy a watch" - Grady Philpott* Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons

21 April 2018, 03:59 PM	#16
Maltie "TRF" Member Join Date: Feb 2016 Location: Belgium Posts: 403	I just sold 4 Panerai’s taking a 11K eur hit, no more PAM’s for me. I initially bought them at retail minus 30%, thought I would be safe

21 April 2018, 11:56 PM	#17
Bt122 Banned Join Date: Mar 2018 Location: Bi coastal Watch: Ok...Watching Posts: 937	Yeah not sure where you see it going up... I want to one but wife ain’t too thrilled about declining values.

22 April 2018, 12:02 AM	#18
rebel_1 "TRF" Member Join Date: May 2010 Location: Florida Posts: 2,132	Seems like the Panerai craze ended around 2014 or so. I still like the brand, but the values are substantially less over the last four years. The 372 use to be red hot as well as the 233, now both can be had for WAY less money. I still have my 512 and will be keeping it but I don’t surmise to flip it for any gain in the future. __________________ Official Member: 'Perpetual 30' Vegas International GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017

22 April 2018, 12:15 AM	#19
Ravager135 "TRF" Member Join Date: Apr 2012 Location: New Jersey Posts: 4,122	I think some of the older base models and models without a "1" before them have gone slightly up. Some people dislike the "compromises" made on the new logo models or dislike the addition of blue and automatic on the dials on the 1950 models. On the whole though, among the models that haven't really changed, I haven't noticed a big change. Models like the 372 can be had at almost half off used.

22 April 2018, 05:42 AM	#22
2mgversed "TRF" Member Join Date: Apr 2018 Location: city by the bay Watch: 116613LN/PAM560 Posts: 118	be really could if it diddddd

25 April 2018, 12:03 AM	#28
azcii "TRF" Member Join Date: Jul 2017 Location: Sweden Posts: 73	Prices are lower than ever in Sweden as well. You can get a 372 in brilliant condition for under 5000 euros now.

26 April 2018, 12:33 PM	#29
Vaxe "TRF" Member Join Date: Jul 2011 Location: Austin TX Posts: 2,122	I bought my 512 new from AD for $6800, just sold for $4000. Bought a 372 for $4800, so I guess resale is 50% now? See a bunch of older refs sitting in displays as well, especially since they keep releasing newer and better models. Rough spot to be in for Panerai.

27 April 2018, 05:35 AM	#30
jenniferjanef "TRF" Member Join Date: Jun 2011 Location: Singapore Posts: 1,823	Yeah.. I think price are low now however the 372 is one heck of a nice looking watch! It truly is punching way above its price range. Great time to buy!

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