• Tired of adverts on RWI? - Subscribe by clicking HERE and PMing Trailboss for instructions and they will magically go away!

$6500 PAM... with a $200 movement...

centaur

Do not accept unsolicited offers
5/2/09
6
0
0
Ironically, the scam saying "If you believe that, I've got a bridge to sell you" is in reference to the Brooklyn Bridge!
 

trailboss99

Head Honcho - Cat Herder
Staff member
Administrator
Certified
30/3/08
43,664
17,859
113
Bwhahaha! It is too :D
Never thought of that, how fitting.
 

RWIGWH

RWI's Great White Hope
Supporter
10/2/07
6,255
537
113
Ironically, the scam saying "If you believe that, I've got a bridge to sell you" is in reference to the Brooklyn Bridge!
LOL! Nice catch...Not only do you get the bridge, you get this crap watch with it. :biglaugh:
 

RobbDizzle

I'm Pretty Popular
15/10/10
2,406
1
38
Fascinating read. I'm stunned to say the least, and proud of our little hobby that the movements powering our "cheap" reps can be nicer than what the gen has under the hood :D

sent via HTC mytouch 4G
 

Spboudart

Respected Member
26/9/08
4,398
4
38
I'm sorry guy but I have to TOTALLY disagree with you all...

What is a 318?
It's a Special Edition of 150...
It's also a modified 005... without COSC certification.

...But its original retail price was cheaper than the 005

Conclusion: It was a bargain.
When a new SE is out, it's often very similar to an existing model but at least 25% more expensive...

If it had come with any of the following movements, nobody would have written anything on it.
Paneraimvmt.jpg

But the above movements are exactly the same has the following movement (except for 2 minutes timetaking engraving):
movements+036.jpg

Which is exactly the same as the movement found in the 318 (+120$ because it's nicer...lol)


Come on guys.... wake up!
People need to make profit.

I used to have a Gen 177 that was stolen at my house last month, and as soon as I get the money back from insurance I'm going to buy it back. I'm also a proud owner of a rep 177M V2 with platinium treatment on the bridge. The difference between the 2 watches are tiny and definetly not worth the 30X price tag.
Some of you have been in this rep collecting thing for almost 10 years, this is not new...

A gen 177 should not sell for that amount of money (as any other gen BTW, including Seiko, Citizen, etc...).
Economic laws states:
Price rises when demand rises and supply are low.
Price drops when demand drops and supply are high.

Panerai has been almost unable to supply the demand for the last 10 years, victim of their success.
What would you do if you were the Boss there?

On the other hand I love Panerai watch as many other here and elsewhere, I'm very glad that the company makes shitload of money, that they keep building new watches, that they makes new movement, that they maintain employment (probably recruiting as we speak), that they treat their people well, etc...
And I'm ready to pay extra for it. If every one would buy a rep pam and no one would buy gen all this will stop.


If Panerai were selling watch for 1K, would they be repped and would they get this much love?
 

Wiz

Mythical Poster
9/8/09
6,706
24
0
I'm sorry guy but I have to TOTALLY disagree with you all...

What is a 318?
It's a Special Edition of 150...
It's also a modified 005... without COSC certification.

...But its original retail price was cheaper than the 005

Conclusion: It was a bargain.
When a new SE is out, it's often very similar to an existing model but at least 25% more expensive...

If it had come with any of the following movements, nobody would have written anything on it.
Paneraimvmt.jpg

But the above movements are exactly the same has the following movement (except for 2 minutes timetaking engraving):
movements+036.jpg

Which is exactly the same as the movement found in the 318 (+120$ because it's nicer...lol)


Come on guys.... wake up!
People need to make profit.

I used to have a Gen 177 that was stolen at my house last month, and as soon as I get the money back from insurance I'm going to buy it back. I'm also a proud owner of a rep 177M V2 with platinium treatment on the bridge. The difference between the 2 watches are tiny and definetly not worth the 30X price tag.
Some of you have been in this rep collecting thing for almost 10 years, this is not new...

A gen 177 should not sell for that amount of money (as any other gen BTW, including Seiko, Citizen, etc...).
Economic laws states:
Price rises when demand rises and supply are low.
Price drops when demand drops and supply are high.

Panerai has been almost unable to supply the demand for the last 10 years, victim of their success.
What would you do if you were the Boss there?

On the other hand I love Panerai watch as many other here and elsewhere, I'm very glad that the company makes shitload of money, that they keep building new watches, that they makes new movement, that they maintain employment (probably recruiting as we speak), that they treat their people well, etc...
And I'm ready to pay extra for it. If every one would buy a rep pam and no one would buy gen all this will stop.


If Panerai were selling watch for 1K, would they be repped and would they get this much love?

Come on mate, you can't justify the use of an undecorated movement in that kind of watch!

The point is not that the watch is expensive compared to the price of the movement, but that a luxury brand, which is supposed to pay attention to every little detail, uses an undecorated movement.

Not sure how to say that in English, but for me ce n'est pas digne d'une maison qui prétend produire des montres haut de gamme.
 

wat44

Mythical Poster
20/6/09
6,950
22
0
agree with Wiz

the gen owners are pretty upset - and that's all that matters
 

Spboudart

Respected Member
26/9/08
4,398
4
38
Still guys, you don't get the catch.
We're not talking about a luxury piece, it's an affordable Pam, same as the 390.
An SE with COSC, SE box, a sweet movement would go for more than 7k not less than 4k.
You don't get the same engine in a serie 1 BMW than in a serie 7, neither in a merc class A vs a class S, etc..., when you get some of the SE in the car world sometime you get a full package at bargain price, S line with Audi, etc...
 

KBH

Mythical Poster
1/11/07
7,168
43
48
Even in a $4000 beater you ought to be able to afford $50 worth of decorations.
 

Spboudart

Respected Member
26/9/08
4,398
4
38
+1

Plus you can't compare Panerai with BMW. Tissot would be like BMW.

Panerai is Bmw, Rolex is Mercedes, Hublot or AP are Audis but Tissot is Ford and Patek or VC or A.Lange & Sohne or F.P Journe are Rolls or Bentley, RM is Ferrari, but Panerai is far from those, very far...

I still think you guys are complaining because you don't a 50$ deco on a closed caseback...
Not taking in account you get a warranty with Panerai, as if you buy that same mvt on the bay for say 170$ and the thing don't work you can use it as a press paper (Ebay seller are far worse after sale service wise than our trusted dealers)
 

wat44

Mythical Poster
20/6/09
6,950
22
0
Boudart - why arent their CUSTOMERS happy?

(... with this particular model)

OP need to get into damage control to protect their brand - offer the owners SOMETHING to appease them, and not to do it again
 

Spboudart

Respected Member
26/9/08
4,398
4
38
Boudart - why arent their CUSTOMERS happy?

(... with this particular model)

OP need to get into damage control to protect their brand - offer the owners SOMETHING to appease them, and not to do it again

Who says they're not?
Because after 2 years somebody discovered the movement was not decorated...
Long time since the 150 pieces are gone...
Out of the 150 owners how many will ever log onto paneristi.com and find the thread?
 

guanaco

Mythical Poster
Advisor
16/7/07
6,655
13
38
Sidi Power Plant
I'm sorry but the fact you can buy the exact same movement for $150 speaks volumes. When the Replica beats the genuine that's when the crap hits the fan. :lol:
 

wat44

Mythical Poster
20/6/09
6,950
22
0
the word will spread - this is the age of information. People dont need to log on and read the original source
 

Q5?

Legendary Member
Advisor
29/3/09
15,272
10
38
Those 150 buyers made their own decision to spend $$$ on a Panerai. How many knew what was under the hood? How many decided to buy it just for the case back?

If any complain(Maybe there is a 318 owner reading this .... :wave:) ........who cares. They did not do their homework before they paid that kind of money. Period.

As an outsider.(since I don't own one), Panerai should have did a bit more to keep their reputation up to a level that they deserve.

If they did nothing wrong, why is this being debated on a Gen forums and rep forums? :shlug:
 

RWIGWH

RWI's Great White Hope
Supporter
10/2/07
6,255
537
113
How anyone can defend this watch and the maker is beyond me. No one wants to get popped in the behind without (at the very least) dinner.
 

Wiz

Mythical Poster
9/8/09
6,706
24
0
Panerai is Bmw, Rolex is Mercedes, Hublot or AP are Audis but Tissot is Ford and Patek or VC or A.Lange & Sohne or F.P Journe are Rolls or Bentley, RM is Ferrari, but Panerai is far from those, very far...

Sorry mate, but if Tissot is Ford, then what are Seiko, Invicta, Yema, Fossil, Lotus, Swatch, .....?
Best case senario watches and cars can't be compared, but you can't say Panerai is Bmw.

At some point you'll have to admit putting that kind of movement into a watch is not the kind of move people expect from a high end brand like Panerai, whatever your opinion or my opinion could be.
 

bigdeal

I'm Pretty Popular
Supporter
Certified
21/8/10
1,147
36
48
Who says they're not?
Because after 2 years somebody discovered the movement was not decorated...
Long time since the 150 pieces are gone...
Out of the 150 owners how many will ever log onto paneristi.com and find the thread?

Say you were to go to the dentist and get sedated. While you are under, he takes some "liberties" . Obviously you won't remember, and as long as you don't log on to "dirtydentists.com", you'll never know. Would that be ok?

Nobody wants to take it from behind...
 

RWIGWH

RWI's Great White Hope
Supporter
10/2/07
6,255
537
113
Ok, now I am worried about my next dentist appointment. Thanks.