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18 August 2017, 11:52 AM
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#1 |
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"TRF" Member
Join Date: May 2015
Location: Manhattan, NY
Posts: 58
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Should I take the hit
It's been a while but I have that itch that can only be scratched one way....a new watch! I've had my beautiful two tone for years now and love it. I purchased a Panerai 389 almost two years ago and do not get to wear it as often as I'd like given it's size and it's has fallen out of favor. Would love to get into a BLNR and/or Explorer II.
Panerai do not retain their value as well as Rolex and although I did well with the Panerai purchase i would still be taking a couple grand hit. Do I take the hit and make up the difference and buy a new Rolex? Rolex 116613lb Panerai 389 |
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18 August 2017, 11:58 AM
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#2 |
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"TRF" Member
Join Date: Dec 2013
Location: FL
Watch: platinum sub
Posts: 15,884
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Yes, imo the hit will only get bigger each year
__________________
If you wind it, they will run. 25 or 6 to 4. |
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18 August 2017, 11:59 AM
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#3 |
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"TRF" Member
Join Date: Apr 2015
Location: Midwest
Posts: 374
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Your right unfortunately they don't retain. I could be wrong but I feel like they are at an all-time low right now. I would take the hit and got for the BLNR. But that's just me. Good luck!
Sent from my Pixel XL using Tapatalk |
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18 August 2017, 12:16 PM
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#4 | |
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"TRF" Member
Join Date: Apr 2012
Real Name: Alex
Location: Chicago
Watch: AP,PP, Rolex
Posts: 37,156
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Quote:
__________________
Instagram: @Hairdude Watches in Collection 5070R, 5522A, 214270 MK1, 228238 16750, 26401, 5711, 116718, 116710LN, 116300, 16710"Coke", 372, 15300, 15703 (All Flipped) Official Member "Perpetual 30" Las Vegas GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member 'WIS-CON' Las Vegas Int'l GTG 2018 |
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18 August 2017, 12:28 PM
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#5 | |
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Banned
Join Date: Jan 2008
Location: Florida
Posts: 3,753
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Quote:
Yep. That's the problem with trendy brands. The fall can come hard and quick. |
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18 August 2017, 12:30 PM
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#6 |
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2024 Pledge Member
Join Date: May 2008
Location: New Jersey
Posts: 6,640
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Make your move now OP. I'd try to 'flip' it here or contact some of the more established sellers to get trade value.
__________________
WG SUB-116719 GMT MASTER II 126719 |
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18 August 2017, 01:30 PM
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#7 |
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"TRF" Member
Join Date: Jun 2017
Real Name: Karl
Location: Pacific NW
Posts: 57
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Yes, that's what I did too. It'll just get worse. For me, the quality and reliability was just not there given the price point.
Sent from my iPhone using Tapatalk |
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18 August 2017, 01:46 PM
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#8 |
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"TRF" Member
Join Date: Aug 2016
Location: Chicago
Watch: Daytona
Posts: 5,572
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Panerais unfortunately suffer from the fact that those crown guards are hideously ugly.
 That will not go away. 
__________________
 Datejust w/black Tapestry dial (1985) / Daytona (2016)
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18 August 2017, 01:51 PM
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#9 |
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Banned
Join Date: May 2012
Location: Ann Arbor MI
Watch: Rolex Ref 16600
Posts: 3,908
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Yes. $20 is worth more to me than a watch I don't wear. Don't fall into the sunk cost fallacy.
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18 August 2017, 02:07 PM
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#10 |
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2024 Pledge Member
Join Date: Sep 2013
Real Name: Jeff
Location: CA
Watch: me disappear into
Posts: 1,938
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if your not in love with it, time to move on, so to speak..:)
__________________
*** Be inner, be peaceful *** |
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18 August 2017, 02:12 PM
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#11 |
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"TRF" Member
Join Date: Mar 2015
Location: Taiwan
Watch: Rolex BLNR
Posts: 2,308
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Go ahead!
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18 August 2017, 02:14 PM
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#12 |
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"TRF" Member
Join Date: Oct 2015
Location: USA
Posts: 1,145
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Do it. But only for the Blnr. The Exp 2 doesn't hold value well.
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18 August 2017, 02:17 PM
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#13 |
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2024 Pledge Member
Join Date: May 2013
Location: Vain
Posts: 6,023
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Sell while you still can..
389 is still a popular model, but the market on Pam overall is very very soft |
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18 August 2017, 02:21 PM
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#14 |
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"TRF" Member
Join Date: Mar 2017
Real Name: RP
Location: irvine
Watch: 116689
Posts: 1,222
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If you ain't wearing it - you already taking a hit. Might as get something you want to wear
Sent from my iPhone using Tapatalk Pro |
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18 August 2017, 02:23 PM
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#15 |
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"TRF" Member
Join Date: Mar 2017
Real Name: Mike
Location: Cameron Park, CA
Watch: Polar Explorer II
Posts: 304
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Scratch that itch!
__________________
216570 Polar 116710BLNR 116610LV |
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18 August 2017, 02:25 PM
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#16 |
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2024 SubLV41 Pledge Member
Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,319
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Go for the new Rolex and don't look back.
__________________
Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
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18 August 2017, 02:28 PM
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#17 |
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"TRF" Member
Join Date: Oct 2015
Location: USA
Posts: 1,145
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That Explorer sure is beautiful!
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18 August 2017, 02:34 PM
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#18 | |
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"TRF" Member
Join Date: Oct 2014
Real Name: Chopped Liver
Location: S. Wales Valleys
Watch: Mickey Mouse
Posts: 9,926
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Quote:
Panerai has been around since 1860, which is about 45 years longer than Rolex, so it's hardly a 'trendy' brand.
__________________
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 |
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18 August 2017, 02:57 PM
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#19 |
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2024 Pledge Member
Join Date: Oct 2014
Real Name: Chadri
Location: LI, NY
Watch: 116610LV
Posts: 11,357
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Hmm just depends on how big a hit. I don't know the numbers. What we looking at?
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18 August 2017, 03:02 PM
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#20 | |
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"TRF" Member
Join Date: Mar 2017
Real Name: RP
Location: irvine
Watch: 116689
Posts: 1,222
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Quote:
I think I read he said a few grand- yikes Sent from my iPhone using Tapatalk Pro |
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18 August 2017, 03:11 PM
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#21 |
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"TRF" Member
Join Date: Jan 2010
Location: UK
Watch: GMT
Posts: 8,385
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Do it for Blnr :)
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18 August 2017, 03:25 PM
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#22 |
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2024 Pledge Member
Join Date: Jul 2017
Location: California
Posts: 518
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Get out while the getting's not as bad as it could be. Or something.
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18 August 2017, 03:47 PM
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#23 | |
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"TRF" Member
Join Date: Jan 2013
Real Name: Sage
Location: MENA
Posts: 1,563
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Quote:
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18 August 2017, 04:15 PM
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#24 | |
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"TRF" Member
Join Date: Aug 2014
Real Name: Peter
Location: Australia.
Watch: ?????
Posts: 1,015
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Quote:
cheers
__________________
EXP II - DSSD (blue) - PAM 643 - PAM 724 - PAM 424 - PAM 1499 - GRUPPO GAMA - PAM 1305 - Breguet XXI - 116500LN & BLNR....gone |
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18 August 2017, 04:16 PM
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#25 |
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"TRF" Member
Join Date: Apr 2012
Real Name: Fred
Location: Zurich
Posts: 2,697
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Not to go against the mainstream here, but hardly a good time to sell a PAM now. Then again, not sure it's ever been a good time to sell a submersible that is not made of bronze...
In the end, watches are not a rational matter, so I'd say follow the emotional call if the hit doesn't hurt you where it shouldn't.
__________________
Greetings from Switzerland Remember, the dignity you surrender at your AD‘s doorstep will never be recovered by wearing the watch he may get you. |
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18 August 2017, 08:30 PM
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#26 |
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"TRF" Member
Join Date: May 2015
Location: Manhattan, NY
Posts: 58
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Probably about 3k if I sell if it to someone who has to resell it. Not ideal obviously but I don't get the wear out of it.
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18 August 2017, 08:31 PM
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#27 | |
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"TRF" Member
Join Date: May 2015
Location: Manhattan, NY
Posts: 58
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Quote:
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18 August 2017, 08:33 PM
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#28 | |
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"TRF" Member
Join Date: May 2015
Location: Manhattan, NY
Posts: 58
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Quote:
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18 August 2017, 08:35 PM
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#29 | |
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"TRF" Member
Join Date: May 2015
Location: Manhattan, NY
Posts: 58
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Quote:
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18 August 2017, 08:40 PM
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#30 |
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2024 Pledge Member
Join Date: Oct 2008
Real Name: Bill
Location: NJ
Watch: Always changing
Posts: 4,172
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Try private sale first to minimize the loss, but it's definitely move it on if not worn. No need to sit on it waiting for a recovery in value that may never come
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| Tags |
| blnr , panerai , sell , trade |
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