Thread: Panerai watches
View Single Post
      01-11-2017, 08:00 AM   #22
docmfg
Private
112
Rep
84
Posts

Drives: E46 M3/2016 M4
Join Date: Oct 2015
Location: CA

iTrader: (0)

Garage List
2009 MB C63  [0.00]
2012 BMW 535  [0.00]
2016 BMW M4  [0.00]
2003 BMW M3  [0.00]
Quote:
Originally Posted by Lowflight View Post
They are dead right now. I mean real dead. If you buy, make sure it is a like new used one at a killer deal. You will have it for a while. If is a buyers market on everything right now. I have sold three watches in the last few months. 2 went to Dubai and 1 to Italy. American market is dead.

The market for Panerai is definitely a buyer's market right now. The guys at paneristi had a chuckle over this
How true it is I don't know but I have seen values drop on the resale side. Their limited editions are a joke, every watch can be considered a LE run much like an M3 can be a limited edition as in only X amount of cars are being made for 2015. Anyway, buy a Panerai watch because you enjoy/like it not for investment. Even the true vintage Panerai models have dropped in price.
Appreciate 1