Panerai pam048 40mm vs Rolex gmt IIc

Panerai pam048 40mm vs Rolex gmt IIc

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erics

Original Poster:

2,663 posts

212 months

Tuesday 8th September 2009
quotequote all
Hi Everyone,

I have a Panerai pam048 bought new by me a couple of years ago and hardly worn.

I have no idea of what they are worth on the 2nd hand market.

Apparently new price is £3,500.

I would think circa £2,800?

I can' t find much of them for sell in the UK. Most are 44mm which are enormous. 40mm is still big but for smaller wrists like mine.

I am looking for a gmt II c in steel instead and was wondering what to pay on the 2nd hand market for an almost new one.
It seems that tz-uk has seen deals going through for 3,450...

Ideally, i would be looking for a swap... Where is the spread??

erics

Original Poster:

2,663 posts

212 months

Tuesday 8th September 2009
quotequote all
ok, thanks so given the current exchange rate about £2,150 / £2,400.

Mine is a 2007 J series so the later ones with quick release bracelets.

I do not really want to sell to the dealers at silly bids.

Are watches generally priced similarly in the US versus the UK?

I understand that daytona' s for example are cheaper in the US. Does the rule apply to all watches as a general rule?

maddernj said:
This should give you some idea of 2nd hand prices :

http://www.network54.com/Forum/353390/search?searc...

Seems to be between $4k > $3.5k depending on condition and the year produced.

No idea on the Rolex, I know Watches of Switzerland will off a trade in service, you could try the one in the Royal Exchange ?

Edited by maddernj on Tuesday 8th September 15:02

erics

Original Poster:

2,663 posts

212 months

Wednesday 9th September 2009
quotequote all
Gonna try my luck around £2,250.
Although i find it a bit like a give away, but i have my eyes on smthg else.

maddernj said:
erics said:
Are watches generally priced similarly in the US versus the UK?


Not sure on that one, I think that the paneristi website is one of the largest 2nd hand markets on line. As such pretty much everyone knows the value of whats being sold. Its not specific to the US, you will see quite a few UK sellers its just that the US seem to have the largest share of the market.

Edited by maddernj on Wednesday 9th September 09:47