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      01-09-2017, 08:01 PM   #1
Kugaman1
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Panerai watches

Anyone own a Panerai watch on here?
Its a dream of mine to own one.

Ive seen a 351, 6 months old with all boxes/papers etc....for £4500.

I have saved the money for it but am now getting cold feet!!

The cost of servicing and repairs is a major concern once the warranty runs out.....

Anyone in here own one or have similar thoughts to me?
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      01-09-2017, 08:16 PM   #2
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Quote:
Originally Posted by Kugaman1 View Post
Anyone own a Panerai watch on here?
Its a dream of mine to own one.

Ive seen a 351, 6 months old with all boxes/papers etc....for £4500.

I have saved the money for it but am now getting cold feet!!

The cost of servicing and repairs is a major concern once the warranty runs out.....

Anyone in here own one or have similar thoughts to me?
Man....sounds like trouble to own that watch.
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      01-09-2017, 09:24 PM   #3
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Quote:
Originally Posted by Kugaman1 View Post
Anyone own a Panerai watch on here?
Its a dream of mine to own one.

Ive seen a 351, 6 months old with all boxes/papers etc....for £4500.

I have saved the money for it but am now getting cold feet!!

The cost of servicing and repairs is a major concern once the warranty runs out.....

Anyone in here own one or have similar thoughts to me?
I have one that i've owned for last 4 years. Only wear it ocassionally but quality is far superior to both my Tag watches and not had a problem with it at all. The service i got when buying was top not h too.

My favourite watch brand.
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      01-09-2017, 09:37 PM   #4
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Quote:
Originally Posted by Japper69 View Post
Quote:
Originally Posted by Kugaman1 View Post
Anyone own a Panerai watch on here?
Its a dream of mine to own one.

Ive seen a 351, 6 months old with all boxes/papers etc....for £4500.

I have saved the money for it but am now getting cold feet!!

The cost of servicing and repairs is a major concern once the warranty runs out.....

Anyone in here own one or have similar thoughts to me?
I have one that i've owned for last 4 years. Only wear it ocassionally but quality is far superior to both my Tag watches and not had a problem with it at all. The service i got when buying was top not h too.

My favourite watch brand.
Cheers, good to know!

Its just the potential for high running costs after the warranty period that seriously concerns me!!
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      01-09-2017, 10:04 PM   #5
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Quote:
Originally Posted by Japper69
Quote:
Originally Posted by Kugaman1 View Post
Anyone own a Panerai watch on here?
Its a dream of mine to own one.

Ive seen a 351, 6 months old with all boxes/papers etc....for £4500.

I have saved the money for it but am now getting cold feet!!

The cost of servicing and repairs is a major concern once the warranty runs out.....

Anyone in here own one or have similar thoughts to me?
I have one that i've owned for last 4 years. Only wear it ocassionally but quality is far superior to both my Tag watches and not had a problem with it at all. The service i got when buying was top not h too.

My favourite watch brand.
Favorite brand? Overall or within that price range?
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      01-09-2017, 10:05 PM   #6
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I've got a few nice watches. My favorite watch, and my main daily for the past ~5 years, has been my Luminor Submersible. It's comfortable, reliable, can take abuse, and is understated.

Servicing is nice. Kinda reminds me of Rolex and Breitling. Just got mine back from it's first service. Complete movement service and polish was about $600. Cosmetic service might have been quite a bit more, considering they recommended a $600 bezel replacement.

Wouldn't buy a watch solely off the warranty. You most likely won't need it. If you're carful, you could easily go over 5 years without servicing.

Nice watches can pick up value over time. Some Panerai pieces are limited runs, might appreciate a tad bit over the years.

Use chrono24 or Jomashop for pricing.
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      01-10-2017, 08:06 AM   #7
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Any automatic watch will need servicing every 5-10 years. That's just what comes with the territory of owning a watch. Expect a couple hundred bucks for a movement service
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      01-10-2017, 08:54 AM   #8
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Man... I wish this forum had a watch sub-forum where stuff like this could be discussed with an audience of like-minded enthusiasts.
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      01-10-2017, 08:59 AM   #9
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they make good bread and soup, I would expect they make nice watches too....
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      01-10-2017, 09:07 AM   #10
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oh lord.
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      01-10-2017, 09:50 AM   #11
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Quote:
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they make good bread and soup, I would expect they make nice watches too....
That broccoli cheddar bread bowl is a timeless classic. The crisp movement of the shell as it snaps into a nice chewy center, hinted with the aroma of perfectly aged cheddar accompanies the grassy notes of broccoli. 10/10, great product, worksmanship, and servicing is quite fair.
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      01-10-2017, 09:53 AM   #12
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To the original poster, how much is the 351 new? and do they offer different bands? Rubber, leather? Which does the one your looking at have ?
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      01-10-2017, 10:30 AM   #13
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I currently own two.

PAM270 - 10 Days Automatic
PAM505 - 3 Days Automatic




Have owned PAM312, PAM280, and PAM183.

Never had any issues with them what so ever. Very solid and rugged. Especially their in-house movements.
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      01-10-2017, 12:46 PM   #14
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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.
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      01-10-2017, 12:58 PM   #15
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Quote:
Originally Posted by AW335TT View Post
Favorite brand? Overall or within that price range?
Within price range, but then again i wouldn't buy anything over $15k anyway.
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      01-10-2017, 01:01 PM   #16
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Quote:
Originally Posted by Aatish View Post
I've got a few nice watches. My favorite watch, and my main daily for the past ~5 years, has been my Luminor Submersible. It's comfortable, reliable, can take abuse, and is understated.

Servicing is nice. Kinda reminds me of Rolex and Breitling. Just got mine back from it's first service. Complete movement service and polish was about $600. Cosmetic service might have been quite a bit more, considering they recommended a $600 bezel replacement.

Wouldn't buy a watch solely off the warranty. You most likely won't need it. If you're carful, you could easily go over 5 years without servicing.

Nice watches can pick up value over time. Some Panerai pieces are limited runs, might appreciate a tad bit over the years.

Use chrono24 or Jomashop for pricing.
Not too bad then, as the first service on both my TAG Monaco and Silverstone was around $450. Add $100 for polish of case and $50 for buckle. With Panerai i belive polishing is included in the service. So comparable really.
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      01-10-2017, 03:52 PM   #17
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I've owned quite a few Panerai's and the 351 was one of them. I just sold my PAM 372 and 569. They are great, durable watches that can take a lot of punishment kind of like the Rolex Sub.

I wouldn't use Jomashop for pricing cause usually the serials are not current and often the watch doesn't have manufacturer warranty but rather a Jomashop warranty. The Jomashop warranty will not use OEM parts if it doesn't have to.

Typically the Panerai's start falling behind on time after 4 or 5 years and this is when it needs to be opened up and serviced.
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      01-10-2017, 04:54 PM   #18
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      01-10-2017, 09:05 PM   #19
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Isn't there a watch sub forum around here somewhere?
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      01-10-2017, 09:12 PM   #20
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Quote:
Originally Posted by ScottSinger View Post
To the original poster, how much is the 351 new? and do they offer different bands? Rubber, leather? Which does the one your looking at have ?
The 351 Im looking at was £6000 new.
Panerai have just put up their prices and the same watch is now £6500 from an AD.

However, as has been mentioned on this thread, Panerai sales seem to have dried up a bit.

The watch Im looking at is for sale for £4600, but Im pretty confident I can get it for £4200.
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      01-11-2017, 06:59 AM   #21
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Quote:
Originally Posted by Kugaman1 View Post
The 351 Im looking at was £6000 new.
Panerai have just put up their prices and the same watch is now £6500 from an AD.

However, as has been mentioned on this thread, Panerai sales seem to have dried up a bit.

The watch Im looking at is for sale for £4600, but Im pretty confident I can get it for £4200.
Be diligent about researching the seller.
Will you get to inspect the watch before handing over the funds ?
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      01-11-2017, 08:00 AM   #22
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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.
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