Panerai Luminor Marina
Discussion
Had a look at one of these today and really like it. Whilst I’m not in the market right now, I may be in a few months time if things go my way.
http://www.panerai.com/en/collections/watch-collec...
Having zero experience of anything bar my Tag Carrera, I just wondered whether these are good value for what they are and if they retain their value well or at all?
http://www.panerai.com/en/collections/watch-collec...
Having zero experience of anything bar my Tag Carrera, I just wondered whether these are good value for what they are and if they retain their value well or at all?
No experience of that particular mode/material and Panerai is a marmite maker you either 'get' or not, but the 44mm 1950 case style is a design masterpiece in my book. Have a 351/352 in titanium and although a big watch, it is incredibly easy to wear. Strap changes (very often) are a breeze and the thing can be dressed up or casual as you like. Although I am a big chap, my wrists are not massive yet the watch sits well.
I am fortunate and have amassed a few nice pieces now but even after a couple of years, there is still a sense of occasion to digging out a Pam.
Whilst I would never think of one in 'investment' terms, the relatively low number of each model made and the obsessive nature of the Paneristi seem to keep a pretty buoyant used market alive with prices seeming to hold well. The in-house movements seem solid and well regarded if perhaps not the last word in finessing.
If you like it and view it as money spent, I doubt you would regret it but do ascertain how robust the case material is if it is ever likely to be dropped/knocked - have heard a few horror stories with out-and-out ceramics; probably not an issue if this is a laminate of some sort..
If buying new, enjoy the experience and don't be afraid to push for a deal. They will move
I am fortunate and have amassed a few nice pieces now but even after a couple of years, there is still a sense of occasion to digging out a Pam.
Whilst I would never think of one in 'investment' terms, the relatively low number of each model made and the obsessive nature of the Paneristi seem to keep a pretty buoyant used market alive with prices seeming to hold well. The in-house movements seem solid and well regarded if perhaps not the last word in finessing.
If you like it and view it as money spent, I doubt you would regret it but do ascertain how robust the case material is if it is ever likely to be dropped/knocked - have heard a few horror stories with out-and-out ceramics; probably not an issue if this is a laminate of some sort..
If buying new, enjoy the experience and don't be afraid to push for a deal. They will move
Many thanks for the detailed reply Gary. (I always find that Gary’s post some of the best stuff on PH 
).
I’m not looking at it as an investment, but also don’t want to throw my money away so your reply is very helpful and reassuring.
Hopefully I’ll be able to seriously consider it in a few months!
).I’m not looking at it as an investment, but also don’t want to throw my money away so your reply is very helpful and reassuring.
Hopefully I’ll be able to seriously consider it in a few months!
I picked up a Pam 2 years ago from David Robinsons in Manchester, and haggled a 5% discount without too much trouble. I doubt its dropped much in value at all even now, and as the previous guy said, you can pick up nice aftermarket straps which are easy to swap and keeps the watch looking fresh.
I have three PAMs - a radiomir chrono, a 111 and a Regatta. Love them all though at present they aren't getting a lot of wrist time due to wearing a Magrette Kara (itself a Panerai shaped case).
As already mentioned above my only concern would be the longevity of the carbon case and it's vulnerability to scratches and threads tearing out on the pins and crown guard.
As already mentioned above my only concern would be the longevity of the carbon case and it's vulnerability to scratches and threads tearing out on the pins and crown guard.
If you like the watch - buy it, even if it is a bit marmite
Having said that, I have several watches including a Luminor Marina (PAM0001 I think).
I bought it 12 years ago because I liked the look and heritage of the brand, but it is definitely not an investment watch unless you buy a very special limited edition. Chrono24 does a reasonably good price tracker and generally Panerai is not a good performer.
Having said that, I have several watches including a Luminor Marina (PAM0001 I think).
I bought it 12 years ago because I liked the look and heritage of the brand, but it is definitely not an investment watch unless you buy a very special limited edition. Chrono24 does a reasonably good price tracker and generally Panerai is not a good performer.
Edited by MarcelM6 on Tuesday 24th July 13:08
They are lovely. I have a strong urge to buy a PAM00111, but I see little evidence that a Panerai loses a lot of money generally. I can’t really find one selling for much less than £4K and they are usually 6/7/8 years old - that’s rather good for a watch with an RRP of £4700 ish.
(of course, I understand that what something is advertised for isn’t always what it sells for)
(of course, I understand that what something is advertised for isn’t always what it sells for)
I bought a PAM111 a few weeks ago, really impressed with it in the flesh, they can appear a bit plain in photos but in the flesh they are lovely with lots of details to admire, the movement has been embellished to a good standard and looks lovely especially as there is no rotor to spoil the view with a manual.
I paid £3900 for a mint condition one with box and papers from WF the 3 others were around the same price.
I paid £3900 for a mint condition one with box and papers from WF the 3 others were around the same price.
I have a PAM112 that I picked up recently.
Resale wise, you will lose some money but you will on most watches if we’re honest. There is a bit of a cult following for Panerai so if you buy the right model and find the right Paneristi forums, you should be able to sell it easily enough without much financial pain - but you’ll probably end up loving it and just buying more
Resale wise, you will lose some money but you will on most watches if we’re honest. There is a bit of a cult following for Panerai so if you buy the right model and find the right Paneristi forums, you should be able to sell it easily enough without much financial pain - but you’ll probably end up loving it and just buying more
Edited by ColdoRS on Wednesday 25th July 08:48
If you want to see how it would suit you, you could get one of these while you save up for the real McCoy:
I think it’s similar in size to the Pan (my wrists are like twiglets). I’ve had it 3 months and not worn any of my other watches since. Keeps excellent time as well.
edit: rotated photo
I think it’s similar in size to the Pan (my wrists are like twiglets). I’ve had it 3 months and not worn any of my other watches since. Keeps excellent time as well.
edit: rotated photo
Edited by FarmyardPants on Tuesday 24th July 20:46
FarmyardPants said:
If you want to see how it would suit you, you could get one of these while you save up for the real McCoy:
I think it’s similar in size to the Pan (my wrists are like twiglets). I’ve had it 3 months and not worn any of my other watches since. Keeps excellent time as well.
edit: rotated photo
The one thing I've learned about watches is the bare case size tells you very little how a watch will wear on your wrist, much easier (and more sensible) to just pop into a local AD and try a Panerai on. I think it’s similar in size to the Pan (my wrists are like twiglets). I’ve had it 3 months and not worn any of my other watches since. Keeps excellent time as well.
edit: rotated photo
Edited by FarmyardPants on Tuesday 24th July 20:46
That also looks nothing like a Panerai so not sure what help it would be.
jules_s said:
I've got a Pam305 with the P9000 movement
I'm not 100% certain of the similarities (if any) to the P9010 but be mindful the P9000 has to go back to the factory for service and it isn't cheap - but thats to be expected on a £10k watch
What are servicing costs like and frequency? I was reading every two years on another site and guesssing around £1000?I'm not 100% certain of the similarities (if any) to the P9010 but be mindful the P9000 has to go back to the factory for service and it isn't cheap - but thats to be expected on a £10k watch
I have a Panerai copy I purchased from a guy on PH. Its obvious by the way, it has no text on the face!
It gets the most attention by far of any of the collection, including my REAL Omega and the Rolex!
Polished case, window caseback and hand wind on a green lizard strap. I like it more than the real thing with the clean black dial.
I realise that larger watches are going out of fashion somewhat but a Pam is a true classic. I urge you to try it on before you buy though, made that mistake before!
Sure you will love it. Thats all that matters.
It gets the most attention by far of any of the collection, including my REAL Omega and the Rolex!
Polished case, window caseback and hand wind on a green lizard strap. I like it more than the real thing with the clean black dial.
I realise that larger watches are going out of fashion somewhat but a Pam is a true classic. I urge you to try it on before you buy though, made that mistake before!
Sure you will love it. Thats all that matters.
Gassing Station | Watches | Top of Page | What's New | My Stuff