Panerai
Author
Discussion

mrh1275

Original Poster:

922 posts

233 months

Thursday 26th September 2013
quotequote all
Do Panerai watches hold their value ? I'm thinking of purchasing a used 305 Submersible 47mm Titanium at £5k.
I know watches are not an investment BUT I don't want to loose thousands if I decide to trade or sell in the future.

RSoovy4

35,829 posts

302 months

Thursday 26th September 2013
quotequote all


No.

Buy second hand from Hackett Watches, watches.co.uk or Blowers Jewellers.


yeti

10,704 posts

306 months

Thursday 26th September 2013
quotequote all
RSoovy4 said:
No.

Buy second hand from Hackett Watches, watches.co.uk or Blowers Jewellers.
mrh1275 said:
I'm thinking of purchasing a used 305 Submersible 47mm Titanium at £5k.
wink

Are you buying from a dealer or privately? If from a dealer, all things being equal you'll likely lose what the dealer marked up by; but all things are not equal and many Panerai, if rarer and more desirable, do go up in value.

My Radiomir is worth much more than I paid for it.

Buy well yes

andy tims

5,606 posts

277 months

Thursday 26th September 2013
quotequote all
Buy pre-owned would always be my advice, but Panerai are better than most in terms of value retention.

Vladimir

6,917 posts

189 months

Thursday 26th September 2013
quotequote all
Lose

Vvroom

1,170 posts

221 months

Thursday 26th September 2013
quotequote all
Sorry to hijack the thread, but would someone please give me a basic run-down of Panerai: what's the difference between a Luminor and a Radiomir?

I'm happy to be seen as the school dunce here as I can't work out why there is such a large price difference in these watches- many of which have little to no complication.

I've mostly owned Rolex and JLC, though my eye keeps being drawn to these mothers.

Thanks in advance

Vvroom


yeti

10,704 posts

306 months

Thursday 26th September 2013
quotequote all
Radiomir - cushion case, removeable wire loop lugs and no crown guard device. The first watch they historically came up as a military divers watch and the Radiomir moniker indicated the radioactive lume of the sandwich dial (Tritium, now mostly SL although a few 3Ts out there still).

Luminor - the things with the silly crown guard device.

They are part of the Richemont group which gives them access to some nice movements if they chose to fit them; my Radiomir 8 Days (PAM 190) has the JLC 8 days movement Cal 1886 in it. It's a fantastic watch with a superb movement. The Radiomir with the alarm is also the JLC Memovox movement; you can often work out from the case dimensions and dial config where the movement has come from.

Many/most of them have humble ETA and Unitas ebaches in them and they've a cheek charging what they do for many of them. Do some reading on what contains what...

They now make 3 x in-house calibres as well as part of the Richemont programme of self-sufficiency for all of those makers outside of ETA/Swatch; a standard time only, a chronograph and obviously everyone needs a tourbillon; what else rolleyes

Vvroom

1,170 posts

221 months

Thursday 26th September 2013
quotequote all
And suddenly it all makes sense.

Cheers Yeti.