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PAM 063 Help Please

panerai153

Active Member
Certified
22/3/06
497
65
28
On the Mighty Mississippi
I was into Panerai's pretty big a few years ago, had a couple of really nice ones that had some good mods. like most everyone here that are "serial flippers" , other things struck my fancy, needed funds for other projects and long story short, they were all gradually sold off. Two that I miss the most were Eddie Lee watches, an 029 and a 063. both of these were from that short run with Swiss ETA 2893-2 movements. Great watches, but sadly gone, and when one of those come on the market today, folks are asking a fortune for them.
So, a few months ago, the PAM itch started again. Before you know it, I had another 029 and then a 063. Allegedly both of these have ETA 2836 movements, but I haven't taken the case backs off to check. Both are running great and are keeping very accurate time. Now here is the dilemma. When I bought the 063, I knew the GMT hand wasn't correct, as it was painted Red. I had never seen one with a red GMT hand and my research bore out the fact that none were produced. Today, I was looking through a few files of different PAMs that I have owned and found a bunch of photos of the second 063 I owned (this one came with a 2836 movement.) I believe that it was and Eddie Lee, but I'm not certain. Well, comparing the watches, it looks like not just the GMT hand on my present watch is wrong, it looks like all of them are. Then when I looked at the caseback photo of the old 063, it looks like the caseback on the new one is all wrong as well. So my question is, first off is this new 063 worth the time and effort to send it off and have the hands replaced, or is it so wrong that it would be a waste of time, and better to just sell it on and try to find a better version of the 063? I have a hand set from Davidsen, so that part is good. Please give me your honest opinion about the newer 063, is it worth the trouble, or is it a really low grade watch that it wouldn't be worth it as it has too many things wrong.
Here are a front and back photo of each watch. Obviously the new one is the one with the red GMT hand.
Thanks in advance.

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