Disappointing Panerai

[lusfort]

I have collected Panerai since 10 years ago....but ever since the 372 (called a fiddy killer then) came out, I have sold off all my pams cos I don't trust the CEO anymore about keeping the tradition.

Yet, I still love the looks of the earlier models. Thus, today, I still keep a 24A (sub) and a 190 (rad). And I do not even know beyond H series while I was able to identify every model before H. Maybe its time to hunt for a 217H (lum) to complete the trio.

May I know what you didn't like about the 372? I think it looks great. Bought a 422 instead though

[Watcha]

Besides the milking and DNA stuff. The brand does have many nice design watches.
They should have remained smaller to retain the exclusivity.
Well, AP been doing the same thing for years with many editions and yet still retain their brand value.
Hublot tried but their resale price says it all.
IMO Panerai is somewhere in between at the moment. And going downwards.

I have been thinking long to sell away my last 2 panerai.
But afraid I might buy back one shortly after. Which happened.
This shows the design's attraction.

Snap backs is a no for me. A diver watch that cannot dive?
Its like Ferrari that make a cheaper model, beautiful but do 0-100 in 12s.

[KuchingKu]

Love-hate

I have collected Panerai since 10 years ago....but ever since the 372 (called a fiddy killer then) came out, I have sold off all my pams cos I don't trust the CEO anymore about keeping the tradition.

Yet, I still love the looks of the earlier models. Thus, today, I still keep a 24A (sub) and a 190 (rad). And I do not even know beyond H series while I was able to identify every model before H. Maybe its time to hunt for a 217H (lum) to complete the trio.

[FullHouse]

Disappointing Panerai

Despite I felt the angry in most replies in this topic, I still love the brand but not the mass or the re-productions of the older pre-v models.

Nonetheless, I still enjoy and keep wearing the older models which I bought a few years back then but I will just keep looking those who are wearing the newer versions like Pam 632 , 634 etc...

Lastly, do not be too upset with Panerai mass makerting strategy and we just have to move on with our life too.

Cheers

[wlover]

As a Pam lover I absolutely hate what Pam is doing.

If I'm the boss I have 2 options, go with the heart or go with the head. Obviously in today's fast pace world, it's only logical to go with the head and milk the brand, mass produce it for the mass market and compromise on quality by virtue of simpler production and assembly process.

But something about me tells me we need to be more stubborn minded and go with the heart some times... In the long run, it may retain the brand value better and does more good than harm.

[Gecko]

http://www.lifeofawis.com/blog/2014/...ficine-panerai

[roguehog]

More snap-ons and springbar models to come. Get ready for some surprises.

[clocking]

Panerai playing GOD, similar looks different personalities. characteristics every each models made, being unique, being the only one of its kind. Might not being perfect made, but will never be the same after sometimes. Some models with unique face but handicap caseback, for some almost perfect but not unique. Even the perfect 372 having a hard time to sell, because it made too perfect and it just like ordinary timepiece. look at pam 24, nothing to do with some call DNA but the A B C series fantastic collection. the handicap might not be best buy for now but Paneristi go crazy looking for it one day. yes buy what you like,but with some knowledge and advice not hantam bola. some bro is right just play with outstanding strap, try posting few showcase, the handicap will be the most viewer. What do you want for your collection, being perfect made, being unique made, being ordinary. for me I want PANERAI.

[bamdazzle]

It is indeed a lovely piece. Was shown the 630 and 632 by the boutique and was thinking damn hard untill he offer me the Pam 001. So it was a no brainer for me.
If not for the Pam 001 I would have got the 632. It's very good value especially from Italy with Vat refund. I remember it's €4900 before 12% vat refund.

Lucky guy u... i was in florence last Nov, not a single special edition that i can buy. As usual left the boutique without buying since i m not their VVIP. Went to Ponte Vecchio and bought a Rolex deepsea blue. More than happy with Rolex.

[maxxx]

To Bamdazzle

It is indeed a lovely piece. Was shown the 630 and 632 by the boutique and was thinking damn hard untill he offer me the Pam 001. So it was a no brainer for me.
If not for the Pam 001 I would have got the 632. It's very good value especially from Italy with Vat refund. I remember it's €4900 before 12% vat refund.

[bamdazzle]

After reading this post, I agree with all of u. I'm a hard core panerai watches lover. I owned more than 30 pam models. Yet...... I m not a paneristi members so I dun get those so call paneristi editions, not a dealer nor a flipper cos I buy Wat I like never for any monetary gains, I m oso not a VVIP so never able to get those talk of the town 'HOT' models from boutique.

I have given up Wat I did before, having a few panerais in my collections, now I only keep one piece cos I still like Panerai.

Even tho the pin and snap back on the new models 630, 632, 634 comments were bad, 634 is commanding 10k which is above premium. So.. this proven Internet marketing plays a more important role than bad reviews on this watch.

As for me, of course I did not get this pam 634 from the boutique, I manage to buy wat I like.. even more than the one with blue logo, a PAm 632 with a more useful sub second dial, patina indicators, gold hands, legendary white logo and a gorgeous brown dial. This is my only pam now and I am very happy with its looks.
I just wanna say buy wat u like and ignore those bad reviews, ultimately u r the one owning and wearing the watch, heck care Wat others said.

Picture speaks a thousand words

[maxxx]

Well said Ryuden

I buy a watch simply bacause I like it and it's within my means. Sure, I would love to have an independent like MB&F but I have to sell my only son. Or I can sell away all my watches for one Time machine. But I can't live with one watch only...

Everything today is about bottom line. Let us take a car brand for example. BMW the ultimate driving machine. They used to make cars that drive like a dream and so much driver orientated. All of them use to be beautiful like a pieace if art. Build quality was top notch. But today is a different story. They build what the market needs. And it's the same case with all other "premium" car brands too. Look at Porsche today!
Are they doing the wrong thing? Well the mass and share holders don't seems to think so. Sales figure is going through the roof.

If I want to buy a watch for safe resale value I would have buy Rolex or PP. So IMHO buy what u like, what u will enjoy owning, what's you. How much can u lost? 20%? 30%? After a few years? I think it's worh every penny.

[Ryuden]

Interesting analogy bro.

Funny thing is, the hardcore fans (Paneristis) are as divided as the South and North Koreans. How many of the hardcore fans left the brand after Panerai constantly churns out remake after remake thus, like you mentioned, flooding the market and directly affect the preowned markets. And their anger wasn't unjustifiable, as Panerai CEO himself, in a press conference mentioned that certain model are never to be make again which clearly not the case. And what's going to happen to the old Pre Vs, vintage and Special Editions? Surely Panerai wasn't going to care about that and if there's demand for a certain models, well...just build up a similar one and release it as a new model. Easy. And now, a "new" case with non of the main attributes of the originals PLUS using the forum as a platform to formally introduce the "new" case? They just can't take it anymore.

On the other side, some hard core fans (Paneristis) are willing to defend to the death the approach by Panerai in whatever they churned out. Remake? Good, now we don't have to pay a premium costing a kidney to get the look-alike of the vintage, Pre Vs and Special Editions. And regarding the "new" case? Well...Panerai said, its to make the brand affordable, OK! Well done! Good job Panerai , $7,000 is affordable! And releasing the "new" case in honour of the Paneristi first, excellent!


Regarding the new fan base, (one who just got into the brand or one who owns the brand but care not about whatever that's happening) there are many factors that gets them into this brand. Pricing? Design? Heritage? Popularity? Marketing? Resale value?
Whatever the reasons are, chances are they might not even able to tell what makes a Pre Vs a Pre Vs, (or what V even mean) or why should he/she spend $xx,xxx of dollars on an old model with fat sausage dial against a latest newest break-through in-house movement for even lesser amount of money or even know how many models have existed in Panerai database now.

Like previous threads I have mentioned, there's no longer any speciality in the Special Edition that's coming out from Panerai. You missed buying this SE, fret not...another one will come out soon enough.

The beauty of this hobby is, it doesn't need to be justified. What works for some, doesn't necessarily works for others.

[FullHouse]

Love it or Leave it

As most of us are aware that OP is flooding the entire watch markets so whether case back or not, this will filter down to every individual.
If you are a very hard core fan like a Paneristi member then it may not effect you much despite of the case back.
However, if you are not a true fan then you will be very concern as the resale value may be drop slightly more than the others(normal case).
Nonetheless, most of timepiece owners will only buy the safe queens or the special editions rather than this case back for flipping in case they found another new ones.

Let's hope that this X'mas getting an OP will make you smile & enjoy in this festive season.

[maxxx]

For once

Im irk by the spring bar cos changing straps has always been character on owning a apm but I'm ok with the snap back cos ofr once the engraving can be aligned properly.