Disappointing Panerai

[grumpygarfield]

But seriously as Pam fans we are always forever into straps so 99% we wouldn't care about deep water resistance issue.

So far nobody will.dive with a 8-10k Pam, normally a basic Seiko diver will do the job.

And yes it pains to see snap back models, as every time it opens up for servicing, the tightness will drop in future as compared to the reliable proven screw in models.

So basically get the watch only if u like the dials, but for resale market it would rather fare badly IMO

[Paneraii]

Fully agreed with gatakx

Gift from Panerai -



because it is not made 200 pieces limited

[FullHouse]

Nice one

Really enjoyed all this great information and updates from our specialists

[Ryuden]

Wow, thanks Ryuden bro for sharing such detailed info! You are good!! Haha

Appreciate your kind compliment. Thanks.

[Hoff]

Wow, thanks Ryuden bro for sharing such detailed info! You are good!! Haha

[Ryuden]

...one bro mentioned "from screw case to snap back and from 300m to 100m." Is it because of the changed from screw case back to snap back case that cause the water resistance capability to drop? If I can draw an example (pardon me if its not relevant due to different movement used) to pam 423, it's water resistant is also 100m...

The comparison made was because both are using the same case design which was the Bettarini case (historic models) while the 423 is using the 47mm 1950 case (contemporary models)

All of the old Bettarini case (historic models) have 300m water resistant which include both the solid and even the clear case back and all are screw down case back. So this new "Bettarini" case have to compromise on the level of water resistance even though it has a solid case back as its no longer screw down but snap on. So, yes. Changing from a screw down to snap on case back causes the great difference in water rating in this particular instance.

For the 423 with the 47mm 1950 case (contemporary models), the lower water resistant could due to the larger case with a clear case back even though it's screw down. Most of the 47mm 1950 cases which have either a plexiglass or clear case back, will have a 100m water resistant. Unless the submersibles which as the name suggest, will have a deeper water rating of 300m minimum like the 305.

For the 44mm 1950 case, there are some with 300m ratings and some with 100m rating depending on the models.


But this argument/discussion was purely on the changes of the original Bettarini case as it is one of the iconic case that makes Panerai what it is today.

[Hoff]

Hi bros.. I'm considered a novice when comes to Panerai watches. So pardon my curiosity in the question that I have in mind while reading the threads.

When one bro mentioned "from screw case to snap back and from 300m to 100m." Is it because of the changed from screw case back to snap back case that cause the water resistance capability to drop? If I can draw an example (pardon me if its not relevant due to different movement used) to pam 423, it's water resistant is also 100m.

Hope to see some bros comment and I would learn something new again.

Cheers!

[Watcha]

Spring bars can still be acceptable.

Snap back is a joke for a diver.

[WatchRUs]

Long time fan of Panerai and have a few in my collection so agree with OP. PAM management is diluting the brand

[FullHouse]

As usual, when you are really a so called, "HARDCORE" fans of OP then you will not bother about the snap in caseback & springbars of both timepieces mentioned here. However, when you just want to buy and wear it because of the brand is popular and hope to sell it later with a handsome profit then i won't recommend you to think and buy it.
As you notice or observe closely in this watch markets or forums, almost three quarters of the selling timepieces are OP especially very new or unworn ....thus easily answer most of our Tiagong who know that it's better to keep cold hard cash rather than holding on the OP as every day, seem to be price-wars among themselves, FYI

So just ask ourselves, is the market evolving or sliding towards bad ecomcony.... may be time will tell?

So just buy with your so called Love & enjoy on your wrists as long as possible whether it is Pam 111, 112 or 632 0r 630.....IMHO

[wlover]

I get a preowned 112 any day... Screw these 2 models.

[Ryuden]

I have even read that people are asked to buy another watch to accompany what you wanted. Normally a 'Gold' watch is what they are being called to purchased PLUS the model they are on the waiting list. Besides, who in the right mind or "money-is-no-object" will buy from the boutique unless you are getting models like the 604 limited to 99 pieces are sold only in boutique.

The infamous sales technic. It's all about sales. After all, Richemont is indeed a profitable business. As long as they can rake in monies, whatever sales technic doesn't matter especially when it's a willing buyer. Many will buy from boutique to be in the "list" just so that they are able to put themselves as the first few priorities for Special Editions...and being the first few owners of a Special Editions does gives them a kick I guess.

Btw, the 604 is only for sale via the Florence Boutique and even though one is a VVIP in Ion Boutique, one have to travel to Florence to purchase one.

We are talking about general demographic of PAM buyers. A brand new 112 should be less than SGD $8,000.00 or more like $7,600.00 and if you trust your grey dealers, the 112 should be around $7,100.00 - $7,300.00

The price I quoted is the exact current price direct from Ion Boutique, $8,400 for a brand new Pam 112.

[waikeekee]

In watch market, It's always so called "Demand & Supply" as most watch lovers' will tighened their budgets as the world economy is not doing well in next or following years.

Hence, most guys will always stick to their present timepieces rather than "flipping" watches unless they are dealers' who have deep pockets

For the sake of a good argument, let's say you are right. Then I will counter and say that PANERAI is taking customers on a "short-changed" ride. A "not-knowing-better" buyer or customers will think: Hey! I am getting a latest and a limited edition watch and jump on the bandwagon. What PANERAI did not consider is the repercussion of such sale to such customers. These customers will not be a repeated buyer. FYI - on www.kenwatches.com (HKG based) they are already selling the 632R new and pre-loved ones for HKD38,700.00 and HKD34,800.00 (99% new it says) respectively.

When I saw pre-loved watch for sale and 99% new as indicated, I was thinking why did the previous owner sell it in the first place? This model is not even 5 months old and it's already on the open used-market.

Well, if you are talking about buying new first hand...you might want to rethink.

Prices have been up and up...Pam 111 is now SGD $9,000 and the Pam 112 is now SGD $8,400...!!!

And you can just waltz in the Boutique to get the 111 or 112 (or go to any authorised dealer of your choice for better discounts) ...however... to get the 630 or 632, you must have a purchase record from the boutique to be able to purchase one. And since it's boutiques only models, if the 630 or the 632 catches your fancy, you are looking to purchase at least one regular model before you can purchase the 630 or 632.

As usual. Tiagong and I have heard from many people that the service level at ION or Singapore's only P boutique is very bad. I have even read that people are asked to buy another watch to accompany what you wanted. Normally a 'Gold' watch is what they are being called to purchased PLUS the model they are on the waiting list. Besides, who in the right mind or "money-is-no-object" will buy from the boutique unless you are getting models like the 604 limited to 99 pieces are sold only in boutique.

We are talking about general demographic of PAM buyers. A brand new 112 should be less than SGD $8,000.00 or more like $7,600.00 and if you trust your grey dealers, the 112 should be around $7,100.00 - $7,300.00

[Ryuden]

If you are right about the prices, I rather stick to the proven models like 111, 112 or 114 since all these are using ETA movement. Spring bars? People will have a hard time changing the straps and scratches will be more prone.

Well, if you are talking about buying new first hand...you might want to rethink.

Prices have been up and up...Pam 111 is now SGD $9,000 and the Pam 112 is now SGD $8,400...!!!

And you can just waltz in the Boutique to get the 111 or 112 (or go to any authorised dealer of your choice for better discounts) ...however... to get the 630 or 632, you must have a purchase record from the boutique to be able to purchase one. And since it's boutiques only models, if the 630 or the 632 catches your fancy, you are looking to purchase at least one regular model before you can purchase the 630 or 632.

[Ryuden]

Confirmation on prices...

Pam 630 - SGD $6,750
Pam 632 - SGD $7,200

Nice move by Panerai to make it as a replacement in the "entry level" segment...because, as of 1st April 2015, their prices has been jacked up for the current existing models and introducing these new "entry level" models will fill the void in that price range.