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Old 26 January 2021, 09:10 AM   #1
Rybark09
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Value Retention/Collectibility of PAM690

Hey all,

I am smitten with the 690. I’ve always bought brand new but never Panerai. Paying over retail for 5 year old model is new territory for me.. will this one hold long term value in your opinion?
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Old 26 January 2021, 10:07 AM   #2
The OG Beef
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It has essentially maintained its value so far and they don’t come up for sale that often. Absolutely love mine. If you dig it I wouldn’t hesitate.


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Old 26 January 2021, 11:00 AM   #3
Rybark09
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Thanks!

It’s a beauty!

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Originally Posted by The OG Beef View Post
It has essentially maintained its value so far and they don’t come up for sale that often. Absolutely love mine. If you dig it I wouldn’t hesitate.


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Old 26 January 2021, 05:05 PM   #4
Megalobyte
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You should be able to get one preowned for 9k or so.


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Old 27 January 2021, 05:16 AM   #5
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They seem to be holding their value pretty steady. If you like it, go for it!

It is a stunner!
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Old 27 January 2021, 05:30 AM   #6
crazycarlitos
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Quote:
Originally Posted by Megalobyte View Post
You should be able to get one preowned for 9k or so.


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This^
Used to trade around $12k iirc
So it has dropped some-what now.

The msrp in 2016 when release was $8900 afaik

Honestly, if value is most important, panerai is not it atm, imho.
Most panerai has dropped in value in last year, from what I can see...
So it felt like a good time to buy, if u were planning to buy one. Lol

I recently traded a Rolex for a Panerai, so u know how I feel about the 690. Lol

This thread needs pics
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Old 27 January 2021, 05:33 AM   #7
brandrea
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They've been holding steady at, or close to original retail price.

I paid $1000 over in 2016 and don't mind one bit. It's a keeper in my books.

Good luck, its a great watch

20201202_120835.jpg20190913_121628.jpg20180324_161423.jpg

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Old 27 January 2021, 10:21 AM   #8
ManUtd
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I regret not getting the 690 when it was in production, it is a stunning watch. Currently at Chron024 there are 2 listings at $12.5K. DavidSW has one at $10.5K. Good luck.
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Old 27 January 2021, 11:52 AM   #9
Rybark09
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Thanks for all the replies, it’s a fantastic looking watch!
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Old 27 January 2021, 11:53 AM   #10
Rybark09
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Your pics...

Your pictures are what started my longing for the 690,,,, thanks a lot!


Quote:
Originally Posted by brandrea View Post
They've been holding steady at, or close to original retail price.

I paid $1000 over in 2016 and don't mind one bit. It's a keeper in my books.

Good luck, its a great watch

Attachment 1199455Attachment 1199456Attachment 1199457

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Old 27 January 2021, 12:01 PM   #11
brandrea
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Quote:
Originally Posted by Rybark09 View Post
Your pictures are what started my longing for the 690,,,, thanks a lot!
Happy to enable.

It really is a cool blend only modern and throw back IMO. The domed crystal is insane and the case has really interesting lines.

Its also extremely comfortable to wear. Much more so than my larger Rolex divers were

Good luck

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Old 27 January 2021, 12:15 PM   #12
Rybark09
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.

I’ve got a James Cameron (126660), I assume this will be a featherweight compared to that!


Quote:
Originally Posted by brandrea View Post
Happy to enable.

It really is a cool blend only modern and throw back IMO. The domed crystal is insane and the case has really interesting lines.

Its also extremely comfortable to wear. Much more so than my larger Rolex divers were

Good luck

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Old 27 January 2021, 01:46 PM   #13
brandrea
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Quote:
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I’ve got a James Cameron (126660), I assume this will be a featherweight compared to that!
It will feel light compared to that for sure, but it will fill the wrist more (size wise).

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Old 27 January 2021, 07:26 PM   #14
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The 932 is also beautiful.


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Old 27 January 2021, 11:25 PM   #15
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690 is a great piece, passed on it originally because i bought a 662 that i no longer have. should have passed on that one and bought the 690 🤣
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Old 28 January 2021, 05:19 AM   #16
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The 932 is also beautiful.


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Very nice pics!

OP, the 932 is still available from Panerai afaik.
Main difference would be the dial.
690 has a satin soleil dial with one line on top and one line on bottom.
932 has a gradient dial with two lines on top.
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Old 28 January 2021, 05:33 AM   #17
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stunning pics! Love this reference. Wish they made one smaller than 47mm
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Old 28 January 2021, 08:43 AM   #18
Megalobyte
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Quote:
Originally Posted by crazycarlitos View Post
Very nice pics!



OP, the 932 is still available from Panerai afaik.

Main difference would be the dial.

690 has a satin soleil dial with one line on top and one line on bottom.

932 has a gradient dial with two lines on top.


Also the 690 has rose gold hands while the 932 is white gold. (Maybe polished SS) Not positive.


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Old 28 January 2021, 09:00 AM   #19
ManUtd
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Quote:
Originally Posted by crazycarlitos View Post
Very nice pics!

OP, the 932 is still available from Panerai afaik.
Main difference would be the dial.
690 has a satin soleil dial with one line on top and one line on bottom.
932 has a gradient dial with two lines on top.
You might find the 932 at an AD but Panerai says they don't have it anymore.
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Old 28 January 2021, 01:08 PM   #20
MattyMac
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690 is one I'll never part with...
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Old 29 January 2021, 02:53 AM   #21
chris nyc
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690 is in a class of it's own, IMHO. 932 is a beauty, but it is not in the same class...different blue dial, silver hands, readily available....

I'm about to pick up a 690 from someone i've been talking to for quite some time. He's finally ready to part with it and our timing is working out it seems.
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Old 29 January 2021, 03:07 AM   #22
The OG Beef
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Quote:
Originally Posted by chris nyc View Post
690 is in a class of it's own, IMHO. 932 is a beauty, but it is not in the same class...different blue dial, silver hands, readily available....

I'm about to pick up a 690 from someone i've been talking to for quite some time. He's finally ready to part with it and our timing is working out it seems.

Agree. The 932 would be a no questions asked piece...if the 690 didn’t exist.


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Old 29 January 2021, 03:15 AM   #23
chris nyc
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Agree. The 932 would be a no questions asked piece...if the 690 didn’t exist.


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yup.... I contemplated it for a while myself, but felt like i would have been settling vs the 690.
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Old 29 January 2021, 03:49 AM   #24
Cru Jones
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I love coming back to this thread just to see the great pics, both 690 and 932.
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Old 29 January 2021, 04:02 AM   #25
The OG Beef
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I love coming back to this thread just to see the great pics, both 690 and 932.

I’ll throw one in for you.


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Old 29 January 2021, 08:54 AM   #26
Minimalist
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It's a gorgeous watch, I tried one on back in 2016 at a grey dealer but he wanted too much over retail, but it sure was beautiful.
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