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Old 5 July 2008, 04:59 AM   #1
Arrows58
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Pam00203

A friend of mine has just been invited to Florence, by Panerai, to pick one of these up in person. I believe it is one of the most sort after, when he gets it I will see if I can get some wrist shots.

His collection is amazing and already includes a 1950, so together this will be an outstanding pair.
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Old 5 July 2008, 06:44 AM   #2
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Lucky him !!! ...except,any idea what your friend is paying for the priviledge ??
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Old 5 July 2008, 10:12 PM   #3
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Lucky him !!! ...except,any idea what your friend is paying for the priviledge ??
Well if he's picking it up at the boutique, he is paying MSRP of $23,800. 203's are distributed exclusively through the boutiques!
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Old 5 July 2008, 10:40 PM   #4
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That is a tremendous honor, the 203 is a very, very special piece. A few other 203's have been released over the last month that I know of...
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Old 6 July 2008, 03:03 AM   #5
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Well if he's picking it up at the boutique, he is paying MSRP of $23,800. 203's are distributed exclusively through the boutiques!
Now where did these 203s come from now ? From those 50 movements they kept as spares after the initial launch of 150 ? Or did they keep some back from those original 150 made ? Interesting ..........
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Old 6 July 2008, 01:00 PM   #6
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Well if he's picking it up at the boutique, he is paying MSRP of $23,800. 203's are distributed exclusively through the boutiques!
OUCH!
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Old 6 July 2008, 01:03 PM   #7
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Now where did these 203s come from now ? From those 50 movements they kept as spares after the initial launch of 150 ? Or did they keep some back from those original 150 made ? Interesting ..........
Originally they only released 70 of the 150, probably to make sure movements and all were kosher. The rest of them have/are being shipped and delivered daily.

Great watch, cool movement and some serious ties to the roots. But the selection process has turned more than one Panerai collector cold and towards other brands. I was not one of them that felt slighted, would have to sell my car and eat crackers for a month or sell all my other watches. But there were some very big and long time Paneristi that were left out in the cold.
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Old 6 July 2008, 01:04 PM   #8
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OUCH!
But considering that the ones that turn up on EBAY and other sites sell for well over 100K, not a bad price at all.
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Old 6 July 2008, 01:50 PM   #9
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23k is really a steal for the 203...
congrat to your friend!!
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Old 6 July 2008, 02:13 PM   #10
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Originally they only released 70 of the 150, probably to make sure movements and all were kosher. The rest of them have/are being shipped and delivered daily.

Great watch, cool movement and some serious ties to the roots. But the selection process has turned more than one Panerai collector cold and towards other brands. I was not one of them that felt slighted, would have to sell my car and eat crackers for a month or sell all my other watches. But there were some very big and long time Paneristi that were left out in the cold.
With the original launch MRSP of $14.5K,the current MRSP of $23.8k and the current going rate of +$100k in the secondary market,its just logical that there's going to be a situation of a VERY happy few and an VERY unhappy many.I am neither,because until a week ago,I didnt even know about it ... That said,if I can find one at the current MRSP I would buy it.I'll even borrow money from the wife ....

Its only fair that the PAM 203 should go to the biggest collectors of the brand,everything considered.
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Old 6 July 2008, 03:38 PM   #11
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If really for $23k++, I will pay your friend for it and his air ticket and hotels PLUS expenses!!! No joke I will!!!
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