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Is this Pam372 movement gen ?

Skydrag

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Hi all,
Got this deal offer from a local dealer, but not sure is it legit
Please advise any comment and thanks in advance


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superspark69

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definitely legit, the rep movements do not have the large wheel directly below the balance, usually none at all, plus a few other tells.
 
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Skydrag

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thanks, hope more can join to to confirm as i been offered a good deal for it, worry to good to be true
 

Hazing

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That’s real. Besides, if superspark confirms, you don’t need additional confirmation.

I’ve been shopping 372’s lately and the prices have been going down down down. I ended up negotiating one down to 5k with triple box and papers and thought it was too good to to be true. I hesitated and it was gone. This was like around late February early March. I saw one come up with no box and papers listed for under 5 (it was listed for like $4,900 usd - it was listed for a while but I wanted the set so hesitated. I ended up reaching out and it had just sold. I saw a few others pop up around 5....

Now we’re around like March 10th, I saw three pop up for sale and sell quickly right around 4800 to 5000 for triple box and papers. I mean they were popping up at 5k everywhere but they were going fast too. I kept on thinking the same thing as you because in Jan, you couldn’t buy a decent one for $6k.

I ended up finding one advertised for $5,100 And started negotiating a little. My birthday is March 20th (why I remember the dates so well) and this was like the day before, the 20th and the 21st. I contemplated offering like $4800 and then this shit really hit the fan here so I told the guy I was going to pass. Since then or after that, the guy texted me a few times. He texted me $4900 and the next day he offered $4800 and I still passed. A week after that he texted me with an “ I still have it. I’d really like to move it”, so they kept going down obviously.

How good of a price are talking? I’m just curious how far they’re dropping. And just be sure to do your due diligence.
 
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Skydrag

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Hi Hazing. Thanks for your advise on the above
This seller posted to sell at my local Facebook group for USD3,000 with box and paper, that’s is why I said this price seem to be too good to be true .


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Hazing

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Yeah. Usually, if it’s too good to be true, it is.

That being said, if it’s local, check it out. I assume he has the piece. A lot of pawn shops aren’t buying Panerai and if they did, they’d probably give him no where near $3k.

But hes on facebook so he probably knows he could go to almost any forum and sell it in a day for more than that. Whatever you do, pay in a way that protects you. If he demands cash only over a credit card (even through PayPal or cashapp or venom - just call your cc company and tell them you’re buying/ paying through an app to make sure they’d cover it). And just because he has pics, doesn'tmean he has the watch. Check out the forums and search 372 to see if you see the same watch/pics.

I know it’s a good deal but even with reps on the general discussion board, I’m amazed how many people come on here saying “I know 12 people alread said they’ve been scammed by this guy but the part is so rare” or “it’s such a good deal” or “he’s making it so easy for me to pay”.

Its amazing what people overlook.

Local facebook.... so he’s close by. Meet up and if that’s the watch he shows you.....
 
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KOT1917

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The movement in this image is original. As they correctly said, it is important that, in addition to the image, he also has a watch. I did not know at all that for this kind of money you can buy this model. There are very low prices in my local market, but even here no one sells for 3000.
 

Skydrag

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Thanks guys.
Ya but he is not another stated and I can’t go there now as my country having a lock down . Might get a friend to help me check it out on that state when lock down is over .

Will also advise my friend to send it to verify at dealer 1st before purchase as that price is too tempting for me


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mskwatch

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Do your due diligence and use a safe payment method to be covered in case something goes wrong (i.e. he sends you another watch)
 

Hazing

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There is a 372 on chrono24 for @5000usd now

Yeah, as I mentioned, I was about to pull the trigger on one the week before the lockdown recommendation and paneristi/trf had many listed and that was the going rate. They had a few below $5k too.

Which is crazy when the best the AD would do is $9,025 and 1 free strap.
 
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