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Why Has Panerai Made This Watch More Expensive?! | Watchfinder & Co.
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- Опубліковано 11 жов 2018
- The Luminor has been a staple of Panerai’s collection since the Italian company first opened its doors to the public in 1993, this Base the purest and simplest iteration. It’s been discontinued now-and cost around £4,000 before it was-by something that looks exactly the same but costs over £1,000 more. Why would anyone want to pay that?
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Excellent microshots of the movement (and other details) from this Panerai! Keep up the good work!
Always looking forward to the next Watchfinder video.
Another excellent video! I find myself disappointed each day a new one is not released - keep up the excellent work!
love all the people who get so bent out of shape about Panerai
The lunatics are running the asylum. They’ve been struggling for the last few years with questionable decisions. This is just another poor one. When Tudor introduced the “in house” calibre it raised its price by 300£.
That lume shot transition on 0:29 is pure class👏🏼
roykortenoeven True. My bits were chuffed watching it. Okay, ciao!
Right? Stuff like this is why I love film making, subtle and will fly under the radar for most people but that was awesome.
Not to worry Paneristis, in a month's time they shall release a "Limited Edition" of this same exact watch with "Luminor" and "Panerai" swapping spots on the dial and a blue polishing cloth for only 2K more.
I’ll be sure to pre-order that. The name swap is worth it’s weight in gold.
Exactly - and that is why I will never buy one.
Lovely watches. Over 15 in house movements now. Mini rotors and ceramic sections In specific movements to reduce maintenance and improve stability. 8 day and 10 day reserves with double and triple barrels. Panerai are really a force to be reckoned with in recent years. Im happy people keep buying rolex. It gets very boring. Also really like the latest iwc big pilots. More great in house movements.
Thank you. Was highly anticipating your insight on Panerai good Sir.
I love Panerai...I like uniqueness. I don't mind paying for something I worked for and desire.
Thats the spirit. 💯👍
Heres what i dont get about the Panerai hate; when they reentered the market and started to pick up traction, they used off the shelf unitas movements, and gained popularity from being seen on the wrists of celebrities, everyone adored them. Now, they are going in house, creating some very complicated pieces like foudroyante seconds, equation of time etc, have no celebrity endorsements, have kept their unique design language, and the watch cognoscenti cant stop bashing them. They're moving forward without David Beckham or Lady Gaga hawking their products, and the love is getting less and less. They increased their prices about on par with Omega and Rolex (a smp costs $1600 new 15 years ago, its $4500 now). I just dont get it.
Spot on
Very true. Tudor hiring Lady Gaga is embarrassing for them, from my humble perspective, but maybe that’s what it takes these days.
Tolan Brown no it is embarrassing. I was thinking about buying all my field engineers the rangers but decided against it partly because of that. It’s not a good look for Tudor, it turned me off the brand completely.
In away , its very similar to the Palessi and payless shoe experiment .
@@brucew.5292 no...it's not. you're just a snob.
Love my Panerai PAM 616. First panerai. Absolutely in love!!
Always a special place on my watch horizon. Thx, Watchfinder.
I would take the older, more beautiful and probably easier/cheaper to maintain than this new one...
Would love to see you talk about the Seiko Skx, I know its not in your usual price range, but this format is so captivating that I would love to see you talk about the most iconic affordable diver at such a low price.
My friend, I completely adore your videos. Your writing. Everything. But.... When will we get 4k?
Hi, would you mind doing a review on the PAM00425? Would love to know what you guys think about it.
I notice the winding mechanism is done on the left side of the watch instead of the traditional right side. Because of a major hand surgery years ago this would be much more comfortable for me. Does Panerai have this position available in other models?
Great watches but too expensive for non antimagnetic materials, cheap steel and non accurate movements
These videos are so beautiful. I'm sure you shoot them at higher than 1080p resolution. Could you upload at 1440p as well? That would be so good :)
Please review Oris 10 days power reserve ! and keep the great work as usual ! Ty
Wow I would much rather prefer the IWC 5001 movement design than the Panerai with the massive bridge covering almost everything up.
I love the simplistic look of Panerai watches. I'd own one.
You are showing an old 560, in the new ones they ditched the sandwitch dial and offer a flat dial instead (not even a painted, raised, sausage dial, just really flat). Also the new 3 day watches have 100m water resistance instead of 300m (not a screw back case, looks like a pop open one!..) and went for standard spring bars instead of the screw in bars !!! Really bad moves, this is why I would still go for an old one, otherwise you have to spend tons to get a sandwich dial that is iconic for Panerai.
Was about to make the same points. This channel is usually fastidiously well researched, but this video had a few holes.
I’m wondering what you think of the Panerai Luminor GMT 10 days, PAM0533.
What do you guys think about the PAM00355 GMT and alarm?
A video on the Panerai Luminor Marina 1950 3 Days PAM312 please!
It's a real shame these videos aren't in 4k
what was the retail price of the Pam219? I read somewhere was 4100 Euros is that correct?
"Eight days a week I love You". Fab4 and Fab Panerai. I love both.
What happened to the desktop? I don't remember it having an x scratched on it before.
Damn it, watchfinder. The prices of panerais were dropping until you made this video. I was close to getting my own.
And on the seventh day, He wound His watch.
The brilliance of this comment can’t be overlooked.
Too bad I couldn't stand to wear that ugly piece of garbage even once a week.
recommend winding at least twice a week for accuracy
...and He was happy :) this is a nice tool watch with a clean dial. The video does not mention the service cost difference of the ETA vs the more recent in house movement. Too bad its out of my budget for a family guy ...love its sandwich dial and would prefer sub 40mm for smaller wrists as an option
‘Ugly piece of garbage?’ Did someone log in Just to say that? Oh wait it’s UA-cam. I keep forgetting.
The base is priced same as the outgoing eta yes... but it had a lego snap in case back and less water resistance as the price to pay
Kindly do a review for the Rolex day date white gold with the olive green dial, please.
how accurate is the new movement ?
Can you show some love for Certina? I have the Certina Ds first chrono ceramic made out of titanium and I love it as everyday watch :)
I'd love for you to do an explanation video on why Tag Huer has no clout in the industry
Distribution. Walk into any Kay Jewelers and you'll see one. That reputation of it being a "mall watch" killed it IMO. Snobbishness aside, anyone owning anything like a tad of exclusivity to some degree. Tag can't do that, hence the "Heuer" rebrand with requisite massive cost jump.
Dive watch without a seconds hand,
Nice indeed.
Say something about quartz watches such as Grand Seiko, Citizen Chronomaster, Breitling SuperQuartz, Bulova Precisionist with HAQ movements.
I think this is one of the best looking watches ever made.
Howzit folks. As always, great work - passion for the craft really shines through. A question: Is it not finally time to do a review on the PAM590? Relative to the above PAM560 (and other regular PAMs), it is a truer nod to the Egiziano beast and that all important time in Panerai’s history and really deserves a review, in my humble opinion. Needless to say, it is an absolute beauty as well (again, IMHO). But I must confess - the reasons for my request are a bit selfish... but that shouldn’t take away from why the watch deserves a review by the hand guys at WF&CO. Fingers crossed.
Own pam 114 and pam 1312. I also have a bit old tag aquaracer, a rolex sub and a Breitling navitimer. Among them the pam 1312 is the one I wear most of time. It has sandwich dial, small blue second hand, and nice see through 3days automatic movement. I like to switch straps often and panerai has the easiest strap changing system. My pam looks on point when I wear either suit or jeans with t shirts. I see many people don’t like panerai but it has its history and unique style and design. I’m not the fan of the latest models though I don’t think panerai should be hated by ppl who don’t like their style. For the price... I think any luxury brand watches are overpriced so that’s not going to be a problem for panerai watches. I feel $1000 sneakers are more expensive than my $7500 pam1312 imho.
Anyone else miss this intro music at the start of every Watchfinder video?
I seriously think all watch finder's videos use polarized filters for filming. The color and lighting is perfect.
I have a Maranez Layan with a brass case and NH35. Same sandwich dial but with just a normal crown. The case shape is very similar to this Panerai. It’s a really nice watch and has the same wrist presence but for only $400 Australian, used.
I have a sub homage watch that I bought for $200 it has the same wrist presence for 50x less than than a real sub.
2:48 How the hell did that wheel get through quality control, look at the the edges on the teeth
Right?! Small things but if you're paying good money for it, everything should smooth and clean.
I think that was leftover grease
Everyone will question why panerai is so expensive but not blink an eye when a submariner costs almost 9 grand. A sub is a basic steel watch just like a panerai. Price in the luxury watch world is in the eye of the beholder. No luxury watch is “reasonably priced” hence why they are luxury items.
Dude, thank you for a reasonable opinion on this. $4-5k is the cost of admission for the status symbol watch club, its not like they're selling you a miyota in a chinese stamped case for this price. Wanna talk about over priced? Look at the IWC mark xviii. $6k or so for a 2892 powered pilot watch. "But iwc heavily modifies the movement to their specs!" Yeah than why cant i find a single piece of literature about HOW they modify it if they're so proud of what they do to justify the price?
yes many more watches that are really over priced. Subs are ridiculous and I'm hearing of many QC issues
Service costs are a lot more on Panerai overtime. Rolex is almost universally serviceable with excellent retained value through a 10 or even 15/20 time frame.. Panerai is soft market used compared to “equivalent” Rolex models. The Rolex is a better watch to own, you almost cannot deny that.
Bruce W.
Soft isnt the word I would use. Junk Bond status would be better.
They are the Herpes of the watch world, once you have one, its yours for life - unless you want to take a big financial hit.
New in house movements are great - IF you have around 30 years experience with designing, manufacturing, assembling and installing movements. If not, then your buyers are taking the risk.
@@goldendawn7 they r modifying their price not movement I guess
Congratulations on 200000 subs
No seconds no deal
Matt McLoughlin that’s right!😉
Many people prefer the cleaner look. There's the 510 version if you want a seconds hand.
Matt McLoughlin you’d be surprised. With the size of the beast, a second hand isn’t really missed. You really do see the minute hand move
I'ts funny but I got the same principle when buying watches! It feels empty without the seconds indicator.
I have the 112 and it’s one of the most beautiful dials in my collection.
I have two Panerai luminor marinas, one 2021 and one 2004. They both look good, but the old one appears to me to be of much higher quality. Plus believe it or not the modern one will not hack
Nice vid mate. Please sir, your wrist size? For reference...
I like the 8 days!
What is Panerai's margin? 50% or less?
Any hand wind ,should have a power reserve complication.
my first big watch will be a panerai or gs
I bought my first true luxury watch last month - PAM005. In love with it. However, I do keep having to wind it more than I thought I would have to. Small niggle overall.
Does it still uses the 6497 movement?
ETA based movements makes more sense. Easy to service and repair
the procedure: press Play, press Like, press Full screen :)
Love Panerai 😍
Please review the Tudor Pelagos!!!!!
LHD is a great watch
nice one!!
Panerai's pricing is always questionable. Nice videos.
So has rolex, patek etc pricing mmmm
I entered watch world after seeing Panerai in How It's Made. Back then I did not know how much it cost so I tried to buy one for 100 or little bit more, but then I found out about how expensive watches are, at least Panerai and other famous brands.
For some time there was nothing that I liked more than Panerai, the design of that Fiddy case, massive straps, and their crown guard is simply stunning.
Now I can appreciate many more different designs, few years means a lot and I have learned so much about watches, also few cheap Panerai homages and their bad build quality had its role in moving away from Panerai.
The price of Panerai watches was never a problem for me because I can not afford one, the same counts for any other expensive brand so I do not share this rant about Panerai being so expensive, for me they all are very expensive. Actually I could afford it technically but simply do not want to spend that much on a wrist watch.
I like Panerai, it has that famous Italian design and it is simply different, recognizable among many other famous but somewhat regular designs. At the same time it has that famous Italian idiotism when it comes to doing a business. Just look at their car industry, they make the most brilliant cars on the planet but when it comes to product range, business decisions, and clear plan of what they are doing actually, they are the worst.
I totally agree, I machined the sandwich dials in one of my jobs, yes they are a quality accurate watch face down to One hundred of a mm tolerance but Cartier longines or even certina were quality too and I've had a classique longines quartz for over 21 years and it's excellent and has same ETA Swatch owned movement as certina cheaper watches that are far more able to take abuse day to day than any of the other ETA, or any other older manual movements including Rolex. that's why many companies went bankrupt in the 1970s. Grand Seiko are really great quality without all the supply monopoly, name scandal of Rolex and Patek Phillip. There's so much snob value but Jaeger le couture , VC and even AP seem to be better value but maybe some models would be less good as an appreciating investment. What a con.
However I prefer the sandwich dial Panerai to Rolex for the price but it's all advertising, snob value and hype. I like the top of the range Longines as they are good quality and less than half the price of a Rolex.
Can anyone name the intro track?
bit of a ding in that k1000.
I love that they look like pocket watches.
Panerai made the right decision to go in-house. Their caliber 3000 is deadly accurate and nicely crafted as is the entire watch. Panerai design and style are hard to beat imo
PAM 560 with the new movement vs PAM 112 with the sandwich dial?? hmmmmm
I'm the only one that think that the ETA movement seems to be better than the Panerai?
No, you're not alone. The finished ETA 6497 has a long history of reliability, is chronometer accurate (and chronometer certified in the version with a seconds hand), and looks gorgeous. The P5000 looks plain, and the 8 day power reserve comes at the expense of isochronism, with widespread reports of 1-2 minutes of gain in the first 24 hours when fully wound. Unless you really hate winding watches (then why buy a manual), or you're one of the "in-house is always better" brigade, the old movement is preferable.
I am for in house movements only if they are innovative, in some way better (function or aesthetics) or have some unique characteristics. Mechanical watches are a celebration of history, ingenuity and mechanical virtuosity. In this sense the movement reflects the whole point of it.
I don't see the point of new "in house" movements that merely clone existing ones or, even worse, are engineered on the base of existing ones but optimized only in terms of ease of production. Panerai in this case does not only tries to sell us a "cheaper" version of the same but also insults us by charging us more.
Nop, you are not alone
yoshyoka I like “...mechanical virtuosity”
I have the PAM00112 with ETA and love it. For long term ownership, it should be affordable to maintain.
Panerai has always been about the case, dial, and the design hinged on practicality and readability. When Richemont acquired it, Panerai should have switched to IWC movements, I think it would have gained more respect from the watch enthusiasts.
I've been hearing how the PANERAI market has tanked with people now struggling to sell their pieces and dealer only willing to take them on on consignment basis only. Is this true? Would you do a video on What Happened after the Panerai Fad? I do think it is a good thing as only Panerai lover and enthusiast are the one that truly appreciate the pieces. Not the wannabe and trend chasers as it used to be.
I want you to review all the watches. All of them. From A-Z.
Okay, okay. My preference is to see reviews about IWC watches first. You can do the others later.
Please do a discussion on the reverso. It's a classic and I would love to hear your thoughts.
Fascinating
Do a seiko lx review pls :)))
but is Panerai 8 days Cosc certified ?😮
Like the PAM000 -> PAM00773
Ahhh, the good old "in house fallacy"
Wire Lugs = Best lugs on Luminor
Great review. I think I'm in the minority here, but Panerai watches just don't speak to me. I think it has great brand recognition though and a good history behind it.
do not like panerai - after the story with unfinished movements will never trust them
It is not longer a simple time piece to tell time, it is more like a precious jewels to show up your higher social status, with or without class? Oh well... I think it's more like in a "love or hate "group... 😊
My watchmaker would service 6497 for 50EUR :)
Precisely why i would buy the Unitas powered version over the in house.
Overpriced average watch.Good exposure has given it clout.
Only Pam I like is the 005. Now Pam have decided to reduce the water resistance , spring bars instead of screw in and have jacked the prices up. Nope.
Tudor north flag review please 😢
Who cares about an in house movement? I don't get it.
You can beat a solar quartz in terms of accuracy, reliability, etc.
Indeed, in many cases you get an exclusively inferior movement.
Its honestly due to the lack of options for off the shelf movements. This video is correct about the fact most watch companies used brought in movements for most of the history of mechanical watches, but the difference between then and now is there were a lot of options for 3 hand movements back then, up until recently the vast vast majority of time only movements utilized the eta 28xx. I seriously doubt there would be this big bias for in house if there were more high quality swiss made alternatives to the 28xx. I think we're getting to a good place with watch movements, where higher end companies are going in house to justify their prices, tudor is lending their time only out to breitling for starters, Eterna is getting back into selling 3rd parties their movements, Vaucher is a high end alternative, soprod is selling movements, etc. Basically getting to a point where it wont be a 99% given that your watch has a 2824/92 .
Like your channel but I can't and I've tried like this watches.
Beautiful watch but severely overpriced!
Royal Oak pleade
Panerai has offered a wide variety of in-house movements for many years. This is not breaking new ground or “finally” establishing them as legit.
@jason starek Watch art sci has an interesting video on the Richemont group's "in-house" movements you may find useful. Seems like most things swiss watch related, all is not what it seems. personally I don't understand the value of an in house versus off the shelf, though I do value a hand-finished movement. But most in house are not hand finished, or even well finished. In this day and age a Rolex is finished as well as any other generic robot produced movement and Rolex isn't busy extolling the virtues of purchasing their watch for the in-house movement value. Here,s the rub; No one buys a mechanical watch for it's accuracy, save raving lunatics. A good looking, tough, long lasting, reasonably accurate watch will win every time, which explains why the eta 2824-2 and the Rolex 3135 are at the top of the heap.
@@GetOuttaTheJohnBoy thanks for this info! Are you refering to the 50 minute long video with Valfleuriel in the title?
@@bigbrotherwatchesdannyboy306 It's been so long I don't remember which one it is but he takes a good dive into Richemont and their slight of hand plays with 'in-house' and 'manufacture'.
Crazy money for what it is..
boutique and marketing overheads
I'd pay $500 for it. Basically a Seiko (oh wait.. those are water resistant)
As if Rolex isn't just that...
Chris ? Water resistant?
Firstly water resistance only lasts a certain time. Rubber seals arent lifelong. These panerais are water resistant are are seikos mostly
You can buy a submariner for similar money... if your buying a dive watch, you want it to be at least waterproof, Panerai are a bit of a joke now imo. Shame as I like the design, particularly of the base model. Too big for me though. Really. If they where half the money I’d think about it.
They are really cool watches, but i would never buy it for that price. Also I don't understand the inhouse movement choice, it's not coherent with Panerai's history and it seems they did it only to raise the price
DO a Seiko Skx or any watch under 500$
Nothing ruins a dial more than the brand forcing a line of text on there that details a marketing feature. Is 8 Days really necessary? People who are thinking about buying the watch will already know that. Baume & Mercier does the same thing with their Clifton Baumatic.
8 days is a historical factor for panerai
I own four of these beauties, much better than rolex or omega they are unique and reliable accurate. Would never sell I buy a watch because I want to wear it not look at it and anyone who moans about Panerai probably can't afford one....since writing this have two more. Now my set is compete.
Just buy a Parnis Marina Militaire for £80 just as nice, just as impressive, and just as good.
That same ETA is found in 150$ watches:)
It costs 40$ on ebay
It's OK, you aren't the target audience.
Yeah, for the Chinese version. The original Swiss movement goes for $200 up...
For a military watch, it seems rather poorly equipped. Then again it was the Italians .... just surprised that it doesn't move anti-clockwise ..... and then give up entirely after 18 months.