I have read that quite a few of you guys own at least one gen Panerai. I need some advice.....
I am very close to getting a 164 GEN in LNIB condition for about a grand under what I would have to pay at an AD. The major reason I haven't bought a GEN yet is because I live about 3 hours from the closest AD, made the trip once and they didn't have anything I was interested in.... and I can't believe how many people are offering their used watchesn online for virtually brand new price. But this deal is around 25% off of retail + tax so if I am buying I think now is the time.
My first problem is that I live in an area now where people don't wear Panerai and other high end watches. None of my friends even know what a Panerai is let alone that I wear reps of them . I honestly have only seen a gen through the glass at an AD real quick. So I guess my question is.... is it worth it?? Is the quality that much better?? Obviously, this is a rep forum and you guys are here for a reason, because these watches our dealers have are dynamite, but at the same time some of you still own gens.
My main reason for wanting a gen 164 or 104 is that I need/want the date function for my daily watch and to be honest the two auto Pams I have: 050 and 104 just kind of suck. The date mag blows, they run at least 2 minutes off every day and the feel of them is just not as nice as some of the historic reps that seem to get the most attention from the Davidsons and quality rep retailers.
Another good reason to buy is I really believe that I can buy this watch, wear it, enjoy it and and if for any reason I need or want to sell itI can get out of it for virtually what I paid. I have at least 3k in reps that if I decided to liquidate them I would be lucky to get half of that back. I have been scouring the market for almost a year now and I can't believe how well the resale value holds on most 3k-6k watches. The only risk obviously is losing it, theft or major damage.
I am by no means a billionaire but I can definitely afford to buy whatever watch I want to wear, but still to spend that kind of money on a watch... I am just not sure. My father got me into watch collecting and while he is not into reps he has about 50 watches, not a one worth more than 500 bucks. He is retired and prolly 10 times more financially stable than guys with 3 daytonas, but he would never dream of paying 5k for a watch.
Ok, to make a long story short, I guess I would like to buy one but I am looking for someone to say: if you can afford it, it is worth it, there is nothing like a GEN OR you are crazy to pay 10x the $ for the same watch. Buy another rep and give 3k to charity. 8)
I will prolly delete this in a few days so people can't search me out for years to come and find out that I am a jackass
I am very close to getting a 164 GEN in LNIB condition for about a grand under what I would have to pay at an AD. The major reason I haven't bought a GEN yet is because I live about 3 hours from the closest AD, made the trip once and they didn't have anything I was interested in.... and I can't believe how many people are offering their used watchesn online for virtually brand new price. But this deal is around 25% off of retail + tax so if I am buying I think now is the time.
My first problem is that I live in an area now where people don't wear Panerai and other high end watches. None of my friends even know what a Panerai is let alone that I wear reps of them . I honestly have only seen a gen through the glass at an AD real quick. So I guess my question is.... is it worth it?? Is the quality that much better?? Obviously, this is a rep forum and you guys are here for a reason, because these watches our dealers have are dynamite, but at the same time some of you still own gens.
My main reason for wanting a gen 164 or 104 is that I need/want the date function for my daily watch and to be honest the two auto Pams I have: 050 and 104 just kind of suck. The date mag blows, they run at least 2 minutes off every day and the feel of them is just not as nice as some of the historic reps that seem to get the most attention from the Davidsons and quality rep retailers.
Another good reason to buy is I really believe that I can buy this watch, wear it, enjoy it and and if for any reason I need or want to sell itI can get out of it for virtually what I paid. I have at least 3k in reps that if I decided to liquidate them I would be lucky to get half of that back. I have been scouring the market for almost a year now and I can't believe how well the resale value holds on most 3k-6k watches. The only risk obviously is losing it, theft or major damage.
I am by no means a billionaire but I can definitely afford to buy whatever watch I want to wear, but still to spend that kind of money on a watch... I am just not sure. My father got me into watch collecting and while he is not into reps he has about 50 watches, not a one worth more than 500 bucks. He is retired and prolly 10 times more financially stable than guys with 3 daytonas, but he would never dream of paying 5k for a watch.
Ok, to make a long story short, I guess I would like to buy one but I am looking for someone to say: if you can afford it, it is worth it, there is nothing like a GEN OR you are crazy to pay 10x the $ for the same watch. Buy another rep and give 3k to charity. 8)
I will prolly delete this in a few days so people can't search me out for years to come and find out that I am a jackass