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MortgageGuy · 18 April 2011, 11:05 AM

Hey guys, question for you based on your experience with the brand... How is the resale on Panerai when compared to a brand like Rolex? Better/worse/similar? In house vs ETA...

Just wondering... NO, I am not trying to figure out if I will be able to retire in 30 years by selling my PAM

Just simply wondering how they do. Any experiences would be greatly appreciated from short to long term ownership

Thanks

Adam

toph · 18 April 2011, 11:10 AM

not bad at all, some models keep to or go above MSRP, other like some Rolex, fall quite a bit but not too much.

karmatp · 18 April 2011, 11:45 AM

They do great from my experience. I have never lost money on a Panerai and I have lost lots on Rolex.

mfer · 18 April 2011, 12:20 PM

If you pick a popular model you will win. There are some desired watches that are the exception. Are you looking new or used? If you go used, you'll never lose.

MortgageGuy · 18 April 2011, 12:47 PM

Quote:

Originally Posted by mfer

If you pick a popular model you will win. There are some desired watches that are the exception. Are you looking new or used? If you go used, you'll never lose.

No, not looking just wondering in general

SubKing · 18 April 2011, 01:21 PM

panerai resale is just as good as rolex if not better esp on paticular models.

Panerai alike with rolex, is a win win in my book.

sherwin · 18 April 2011, 01:42 PM

Panerai watches do great in the resale department. However, those intending to buy and flip immediately at a profit should be careful. Watches are not investment instruments.

applebook · 18 April 2011, 02:04 PM

In my short experience, Panerai's resale value is not so impressive.

sherwin · 18 April 2011, 02:40 PM

Depends on the piece you are buying/selling. Like in the rolex range, you get the highly desirable SS daytona and the initial craze that comes with the SS sports models.

then you get to the solid gold models and datejust that just dont quite retain their value as well when compared to other models.

unknown · 18 April 2011, 03:14 PM

Better than Rolex

there are ocfourse always excetions. Don't compare a SS daytona wit a steel Panerai chrono. The Daytona is the sought after Rolex and a Chrono is not sought after in the Panerai line (except the Mare nostrums)

1 rule, keep it simple
Don not buy complicated Panerai watches

Their limited editions like the 339 which is available today is always a hit

B. Doggy · 19 April 2011, 02:41 AM

Pretty darn good as a whole. I've flipped a few and lost very little....except on my first one- PAM 48. There's a good reason for that though.

roach7 · 19 April 2011, 06:33 AM

for me, pams resale just as good as rolex. especially on some of the limited pieces... collectors will go nuts over those

chazha · 19 April 2011, 07:57 AM

better than rolex.

unprdctb1e · 19 April 2011, 08:51 AM

I agree roach7 ... my next panerai will have to be a limited edition. It holds its value and potentially appreciates

MortgageGuy · 19 April 2011, 10:59 AM

Quote:

Originally Posted by applebook

In my short experience, Panerai's resale value is not so impressive.

I would agree, I have owned too and lost my azz on both... I however have flipped them very quickly. One will say that is why but I have flipped SEVERAL Rolex very quickly and NOT lost this kind of $$$ if any

I must be buying the wrong models.

B. Doggy · 19 April 2011, 11:29 AM

Quote:

Originally Posted by MortgageGuy

I would agree, I have owned too and lost my azz on both... I however have flipped them very quickly. One will say that is why but I have flipped SEVERAL Rolex very quickly and NOT lost this kind of $$$ if any

I must be buying the wrong models.

Maybe you did. What models may I ask? Perhaps there's also an assumption that those of us on TRF can comfortably purchase from a solid grey dealer BNIB. Little to no loss will occur on either brand if we go this route. Just a thought...

kilyung · 19 April 2011, 11:52 AM

As with any watch, completely depends on the popularity of your watch. If you buy an unpopular watch (particularly new), then you'll lose quite a lot of value. Limited Edition is only as important as its popularity/desirability - case in point PAM360.

mfer · 19 April 2011, 12:09 PM

Timing of the market plays into account too. I purchased my 210 quite a few months ago and they seem to be in demand now. If I sold my 210, I could make money easy.

MortgageGuy · 19 April 2011, 12:58 PM

Quote:

Originally Posted by B. Doggy

Maybe you did. What models may I ask? Perhaps there's also an assumption that those of us on TRF can comfortably purchase from a solid grey dealer BNIB. Little to no loss will occur on either brand if we go this route. Just a thought...

Yeah Bryan, my 176 and a 297... both bought here on TRF one used and one new...

bcacncnc · 19 April 2011, 03:54 PM

I suspect the entry level base models have the better resale value.

mfer · 19 April 2011, 10:17 PM

Quote:

Originally Posted by MortgageGuy

Yeah Bryan, my 176 and a 297... both bought here on TRF one used and one new...

You should not have lost on the 176 if you bought used. 297, I could see, especially if bought new. The bracelets seem to be slowly losing their favor. There are still some that love them however.

handyhsl · 17 May 2011, 10:40 PM

i have heard some people say (not on the internet) that Panerai has better resale value than Rolex, if you own the basic ones (historic), not complicated ones.

complicated ones are not desirable among Paneristi because they are not in line with Panerai's history

jvo300 · 17 May 2011, 11:44 PM

Unless you're very lucky, expect to lose money on any watch you buy and then sell. I agree that Panerai is no worse than Rolex in terms of resale. Their are other brands whose resale is much worse! Also, I like the point being made about buying pre-owned. Your losses should be minimal (if at all) if you buy a historic Panerai pre-owned.

TheDude · 18 May 2011, 12:11 AM

I think Panerai represents an interesting market for "speculation". You don't always quite know which models might gain more popularity over time, or which might be discontinued after only 2-3 years.

I think with such a fast-moving and changing lineup, there are always new models that periodically leap past the rest of the herd and can steadily hold or gain value over time.

Atomant · 18 May 2011, 03:07 AM

IMO Panerai's resale might be on par with a Rolex but it's still not as recognized as a Rolex worldwide, so the Panerai's resale value might be affected in certain parts of the world.

jimlu · 19 August 2011, 06:35 AM

Is the resale of PAM 312 good ?

texex91 · 19 August 2011, 06:41 AM

Quote:

Originally Posted by jimlu

Is the resale of PAM 312 good ?

It's a popular watch, so that will certainly help. Don't know what you mean by 'good'.

esm · 19 August 2011, 06:57 AM

I'm hoping one day Panerai will ditch the ETA movements and have everything in-house.... We will then see what happens with the ones with ETA movements...

(wishful thinking me thinks

)

jay_kay · 19 August 2011, 07:47 AM

I think certain panerai ultimately will become more valuable than Rolex. They have been on the public Market for less than 20 years and are already as collectable a Rolex who have been available for nearly a century. Plus the low production runs and serial number system will pay dividends in the near future.

Just my slant on the situation

marcinthemiddle · 19 August 2011, 09:53 AM

Are you thinking about flipping your 90 already, Adam?

Keep it, it's an awesome watch!

18 April 2011, 11:05 AM	#1
MortgageGuy "TRF" Member Join Date: Jun 2009 Real Name: Adam Location: Orlando, Florida Watch: Me Posts: 9,935	Panerai Resale Hey guys, question for you based on your experience with the brand... How is the resale on Panerai when compared to a brand like Rolex? Better/worse/similar? In house vs ETA... Just wondering... NO, I am not trying to figure out if I will be able to retire in 30 years by selling my PAM Just simply wondering how they do. Any experiences would be greatly appreciated from short to long term ownership Thanks Adam __________________ The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki

18 April 2011, 11:10 AM	#2
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	not bad at all, some models keep to or go above MSRP, other like some Rolex, fall quite a bit but not too much. __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

18 April 2011, 11:45 AM	#3
karmatp "TRF" Member Join Date: Sep 2007 Real Name: Trevor Location: Arizona Posts: 5,740	They do great from my experience. I have never lost money on a Panerai and I have lost lots on Rolex. __________________ My grails:

18 April 2011, 12:20 PM	#4
mfer "TRF" Member Join Date: Mar 2007 Real Name: Mik Location: USA Posts: 13,724	If you pick a popular model you will win. There are some desired watches that are the exception. Are you looking new or used? If you go used, you'll never lose. __________________ member#3242

18 April 2011, 01:42 PM	#7
sherwin "TRF" Member Join Date: Nov 2007 Location: Perth/Singapore Posts: 1,764	Panerai watches do great in the resale department. However, those intending to buy and flip immediately at a profit should be careful. Watches are not investment instruments. __________________ Want to Buy:SS GMT black;116509 WG Daytona Metrorite

18 April 2011, 01:21 PM	#6
SubKing "TRF" Member Join Date: Feb 2008 Location: USA Watch: where do i start?? Posts: 3,254	panerai resale is just as good as rolex if not better esp on paticular models. Panerai alike with rolex, is a win win in my book.

18 April 2011, 02:04 PM	#8
applebook "TRF" Member Join Date: Dec 2007 Location: vancouver Posts: 1,918	In my short experience, Panerai's resale value is not so impressive. __________________

18 April 2011, 02:40 PM	#9
sherwin "TRF" Member Join Date: Nov 2007 Location: Perth/Singapore Posts: 1,764	Depends on the piece you are buying/selling. Like in the rolex range, you get the highly desirable SS daytona and the initial craze that comes with the SS sports models. then you get to the solid gold models and datejust that just dont quite retain their value as well when compared to other models. __________________ Want to Buy:SS GMT black;116509 WG Daytona Metrorite

18 April 2011, 03:14 PM	#10
unknown "TRF" Member Join Date: Jul 2005 Location: Europe Posts: 2,872	Better than Rolex there are ocfourse always excetions. Don't compare a SS daytona wit a steel Panerai chrono. The Daytona is the sought after Rolex and a Chrono is not sought after in the Panerai line (except the Mare nostrums) 1 rule, keep it simple Don not buy complicated Panerai watches Their limited editions like the 339 which is available today is always a hit __________________ Instagram : @collectible_watches

19 April 2011, 02:41 AM	#11
B. Doggy "TRF" Member Join Date: Aug 2008 Real Name: Bryan Location: Oregon Posts: 7,399	Pretty darn good as a whole. I've flipped a few and lost very little....except on my first one- PAM 48. There's a good reason for that though. __________________ Rolex / Panerai / Omega

19 April 2011, 06:33 AM	#12
roach7 "TRF" Member Join Date: Jun 2007 Real Name: henry Location: nyc Watch: 16610lv Posts: 1,829	for me, pams resale just as good as rolex. especially on some of the limited pieces... collectors will go nuts over those

19 April 2011, 07:57 AM	#13
chazha "TRF" Member Join Date: Sep 2008 Real Name: ChairmanMao Location: NY, US Watch: mickey watch Posts: 837	better than rolex. __________________ I am always single, even when I am married.

19 April 2011, 08:51 AM	#14
unprdctb1e 2024 Pledge Member Join Date: Mar 2011 Real Name: Tony Location: Dallas, TX Posts: 680	I agree roach7 ... my next panerai will have to be a limited edition. It holds its value and potentially appreciates

19 April 2011, 11:52 AM	#17
kilyung 2024 SubLV41 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,940	As with any watch, completely depends on the popularity of your watch. If you buy an unpopular watch (particularly new), then you'll lose quite a lot of value. Limited Edition is only as important as its popularity/desirability - case in point PAM360.

19 April 2011, 12:09 PM	#18
mfer "TRF" Member Join Date: Mar 2007 Real Name: Mik Location: USA Posts: 13,724	Timing of the market plays into account too. I purchased my 210 quite a few months ago and they seem to be in demand now. If I sold my 210, I could make money easy. __________________ member#3242

19 April 2011, 03:54 PM	#20
bcacncnc "TRF" Member Join Date: Nov 2009 Real Name: Bryan Location: Hong Kong Posts: 1,577	I suspect the entry level base models have the better resale value. __________________ Omega Panerai Chopard Grand Seiko

17 May 2011, 10:40 PM	#22
handyhsl "TRF" Member Join Date: Apr 2010 Location: Bandung Watch: GMT II C Posts: 261	i have heard some people say (not on the internet) that Panerai has better resale value than Rolex, if you own the basic ones (historic), not complicated ones. complicated ones are not desirable among Paneristi because they are not in line with Panerai's history __________________ GMT “Black Panther” AK 126900

17 May 2011, 11:44 PM	#23
jvo300 "TRF" Member Join Date: Sep 2009 Location: TX Posts: 1,897	Unless you're very lucky, expect to lose money on any watch you buy and then sell. I agree that Panerai is no worse than Rolex in terms of resale. Their are other brands whose resale is much worse! Also, I like the point being made about buying pre-owned. Your losses should be minimal (if at all) if you buy a historic Panerai pre-owned.

18 May 2011, 12:11 AM	#24
TheDude "TRF" Member Join Date: Oct 2007 Location: DC Area, USA Watch: IIc,1680 Red,16660 Posts: 4,492	I think Panerai represents an interesting market for "speculation". You don't always quite know which models might gain more popularity over time, or which might be discontinued after only 2-3 years. I think with such a fast-moving and changing lineup, there are always new models that periodically leap past the rest of the herd and can steadily hold or gain value over time.

18 May 2011, 03:07 AM	#25
Atomant "TRF" Member Join Date: Jun 2007 Location: Fernwood Posts: 3,455	IMO Panerai's resale might be on par with a Rolex but it's still not as recognized as a Rolex worldwide, so the Panerai's resale value might be affected in certain parts of the world. __________________ 116613LN 16600SD 16610LV 116710 16710 16570 Speedy 3570.50 PAM25 Oris TT1 and a bunch of G-Shocks. Flipped: Daytona 116520 Seamaster 2231.80

19 August 2011, 06:35 AM	#26
jimlu "TRF" Member Join Date: Aug 2011 Location: Canada Posts: 2	Is the resale of PAM 312 good ?

19 August 2011, 06:57 AM	#28
esm "TRF" Member Join Date: Jul 2008 Real Name: Eric Location: Location,Location Watch: this, bro... Posts: 15,340	I'm hoping one day Panerai will ditch the ETA movements and have everything in-house.... We will then see what happens with the ones with ETA movements... (wishful thinking me thinks )

19 August 2011, 07:47 AM	#29
jay_kay "TRF" Member Join Date: Feb 2009 Location: Barrowford Watch: Tudor Black Bay 54 Posts: 1,699	I think certain panerai ultimately will become more valuable than Rolex. They have been on the public Market for less than 20 years and are already as collectable a Rolex who have been available for nearly a century. Plus the low production runs and serial number system will pay dividends in the near future. Just my slant on the situation __________________ Rolex Explorer 214270, Omega Speedmaster '1957 Relaunch' 3594.50.00, Panerai Luminor 1950 PAM00127-E, Panerai Radiomir 1936 PAM00249-I, Panerai Mare Nostrum PAM00716-T, Panerai PAM00785-Q Set, Panerai Luminor Black Seal PAM00594-Q, Panerai Luminor Daylight PAM00604-Q, Tudor Black Bay 54 79000N, Heuer Carrera Re-Edition CS3113, Hamilton Military W10 & TAG Heuer F1

19 August 2011, 09:53 AM	#30
marcinthemiddle Vacated Join Date: Nov 2009 Real Name: Marc Location: Connecticut Watch: PAM 111 'N' Posts: 2,558	Are you thinking about flipping your 90 already, Adam? Keep it, it's an awesome watch! __________________ NAWCC Member Card Carrying Member of the Global Assoc. of Retro-Grouch-Curmudgeons Executive Dorklehead

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