Comments:
PAM 086 & other earlier models
I’m perplexed. Why is the resale value of some of Panerai’s early 2000’s Ref (such as 086) are not more desired by collectors? I have a hard time understanding why one would purchase a new or newer Ref now costing $6-7k that is just a variant of last years model!
My first Panerai was PAM086, a 44mm Steel Luminor with a beautiful anthracite dial. When I compare it to the others in my collection, the PAM086 still stands out as a unique piece. Yet the resale market values it at low to mid $4k.
I closely follow Panerai’s at auction and have noticed a fairly soft market. I believe it is a reflection of all the new models being pumped out each year (smaller, thinner, “new” dial colors, etc).
Yes I purchased this watch from an AD at a very good discount (back before retail margins were squeezed by mfg). But relative to a new Panerai, this model is a steal at current prices.
Help me understand if you can. Thx.
My first Panerai was PAM086, a 44mm Steel Luminor with a beautiful anthracite dial. When I compare it to the others in my collection, the PAM086 still stands out as a unique piece. Yet the resale market values it at low to mid $4k.
I closely follow Panerai’s at auction and have noticed a fairly soft market. I believe it is a reflection of all the new models being pumped out each year (smaller, thinner, “new” dial colors, etc).
Yes I purchased this watch from an AD at a very good discount (back before retail margins were squeezed by mfg). But relative to a new Panerai, this model is a steal at current prices.
Help me understand if you can. Thx.
It is indeed sad to notice this trend with Panerai, but I guess the glory old days are over, Panerai’s are very soft currently [nt]
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Timing.
It is about timing.
Panerai is not the current focus.
When Panerai was hot and hard to get, you could pick up any Rolex.
The coin has flipped.
People are chasing after Rolex, Patek and AP stainless sports models.
Will it come back around?
No one knows.
However, if there was a Panerai you wish you had, NOW is the time to buy.
Definitely a buyer's market.
-John
Panerai is not the current focus.
When Panerai was hot and hard to get, you could pick up any Rolex.
The coin has flipped.
People are chasing after Rolex, Patek and AP stainless sports models.
Will it come back around?
No one knows.
However, if there was a Panerai you wish you had, NOW is the time to buy.
Definitely a buyer's market.
-John
If I may....
the PAM086 is as much a Panerai as the Porsche 914 is a...Porsche. It has an overstuffed dial and, if that weren't enough it has an antomatic movment with an english "automatic" written on the dial (Panerai being Italian). If that weren't enough, it has a date and if that weren't enough, it has a date with the magnifying lense (a-la-Rolex). Now tell me why anybody that likes Panerai, that likes the concept of Less is More, want to buy this contraption? Respectfully... 
Here's a picture of the Porsche 914.. F.Y.I. Ciao
I like that Porsche too!
So is it the “look” that makes it a Porsche or a Panerai?
To me, the Radiomir is the 911, and the Luminor is maybe the Boxter. Both are still of the parent and are indeed Panerai and Porsche. But unlike the 914, the Luminor is an active part of the Brand still today.
Of course, the movement was of a time before everyone became a “manufacturer”. I guess not unlike an early Porsche have a VW engine(?).
Ciao
To me, the Radiomir is the 911, and the Luminor is maybe the Boxter. Both are still of the parent and are indeed Panerai and Porsche. But unlike the 914, the Luminor is an active part of the Brand still today.
Of course, the movement was of a time before everyone became a “manufacturer”. I guess not unlike an early Porsche have a VW engine(?).
Ciao
What you call the look...
I call "essence". For everything else...whatever floats your boat...man
It's not just looks...
The 914 started out as a VW to replace their aging Karmann Ghia coupé but they quickly realized they could not develop the car on their own. Ferry Porsche wanted a cheaper car for younger people who could not afford a 912. So, eventually, they decided to share the basic car and sell it as a VW-Porsche in Europe and as a Porsche in the US. The VW model only sold as a 4-cylinder model while Porsche developed the 914-6 at a later stage and sold it as a Porsche only. As such, many people do not consider the 914 as a pure Porsche. I think this is what Sergio was referring to.
P.S. Note the VW logo on the hubcaps on the orange car below
Thanks for the...full
explanation. In fact the 914-916 were known, at the time (I was 19) as the VW-Porsches and were bought mainly by "I-love-Porsche-but-I-can't-afford-a-real-one" and Flower power children that found the new model innovative and somewhat "cute" and anti-establishment. We're talking about the "Rockers and Mods" era after all Much like many early days Panerais, the Porsche "content" was...unpalpable...beyond the plaque on the car. So: VW+Porsche=914-916, Panerai+Richemont=086 and the likes. IMO as usual
Much like many early days Panerais, the Porsche "content" was...unpalpable...beyond the plaque on the car. So: VW+Porsche=914-916, Panerai+Richemont=086 and the likes. IMO as usual
Don't put words in my mouth....lolll
I didn't write that :P I mentioned the 2 factions ONLY to..underline...the mood of the time.