Watch for sale on Paneristi. Mods were done on dial and hand

[Pizzanooo]

Thought this was a interesting sale. Looks like modding a Pam could be in vogue.


http://www.network54.com/Forum/353390/t ... 3B%26gt%3B

 

[d44hvj]

I wonder who actually swapped the hands and the dial, also where he found the dial. Thanks for that, it's quite interesting.

 

[kruzer00]

He did. He sells gen PAM parts on EBAY.

 

[ragerover]

201a dials were used in a couple of non-standard cases, even by PANERAI - the 6502 cased versions are an example.

BUT I have to say, I am kind of suspect about that back case in the image. I think it's a REP part !!!

How many 6502s are there with 201 dials? I only know of one (pictured on Via Paneristi) and the original Italian dealer signed a letter stating thats how he received the watch from the factory.

As far as I know of Vendome/Richemont never admitted (nor denied either) that spare 201a dials were used in other watches.

Is Michael on Paneristi using a rep caseback? anything is possible. But I will say that he has a good reputation and it would be VERY VERY stupid of him to use a rep part (and not say it). Reputation is everything! Considering all of the gen parts he sells, and the prices he sells them for, why would he do something so stupid as to sell a watch with a rep case back?

 

[hk45ca]

i think it is funny that he has a guy calling him out on it. i don't care if they are gen parts it's just a frankin watch and if somebody pays 13 large for it they deserve each other. if somebody else was trying to sell it they would be drawn and quartered before our very eyes. i feel sorry for the dum ass that buys it and then trys to sell it later down the road. he will either be married to it or will have to give it away at a substantial loss.

 

[ragerover]

i feel sorry for the dum ass that buys it and then trys to sell it later down the road. he will either be married to it or will have to give it away at a substantial loss.

Maybe. Maybe not. But IMHO, as much as I love the 201a, I sort of feel the same way for the people who are now spending $20,000 on them.

Is the dial cool? sure. Is it nice to have one of the original Panerai "rebirth" watches? sure. Is it worth $20k? NO WAY.

Other than a slight change in the dial and slightly smaller case lugs, its really no different than a 112. In some ways you can argue that the 112 is the better watch, as the movement is actually modified and has a higher beat rate. But even the $5000 retail price for a 112 is crazy in my book. For that kind of money you can buy a new IWC (with an in house movement) or even a nicely used Vacheron or Patek. And $20k, thats already getting into complications and tourbillon.

So Michael is asking $13k. His "B-series" Panerai is worth what? $3000? So he's basically asking $10k for the dial. CRAZY.

Panerai pricing is reminding me of exotic car pricing in the early '90s, internet stocks in the late '90s, and now real estate prices What goes up, must come down. Or atleast eventually level off!