Pre-Owned Panerai In Australia From Watch Vault
Panerai Luminor 1950 - $6,995.00 - $8,995.00
Panerai Luminor Marina - $5,995.00 - $8,995.00
Panerai Radiomir - $5,495.00 - $11,995.00
FREQUENTLY ASKED QUESTIONS
Are Panerai Watches Worth Buying?
Is a Panerai watch worth buying? The simple answer is: Yes, Panerai makes timeless pieces that offer you good value for your money. The company has been in the watchmaking business for over 150 years; it has grown synonymous with success and elegance. Panerai is one of the first watchmakers to design diving watches using radioactive materials to make the dials glow in the dark. They supplied these diving watches to the Royal Italian Navy.
Panerai offers you a high-end luxury watch made of quality materials, impeccable finishing, and tell the time with accurate precision. Panerai watches are extremely well-made mechanical timepieces with a distinctive look. Panerai has a unique style coupled with very striking aesthetics that makes them instantly recognisable, and with the extra feature of their classic dials and the brand became even more famous.
Panerai products go through rigorous testing processes. This entails months of age testing processes to ensure they can withstand the rigours of time. Which means they are very durable. There is nothing you can do to spoil your Panerai watch that has not been foresighted and corrected during this testing process. Also, Panerai is very strict with perfection during manufacturing - each watch must prove its worth. In the manufacturing process, each watch is equipped with Radio Frequency Identification or an RFID chip to record the test outcome. These precision test results are printed out on a specific booklet that accompanies each watch when buying them.
Many watches under the Panerai brand come with Panerai's large signature crown guard and are geared to aquanauts. Panerai watches give you a distinct rugged look on your wrist that commands attention and gets you compliments almost like a status symbol. Due to its distinctive look and high-end quality, Panerai has gathered a fantastic fanbase globally called the "Peneristi".
The Panerai has different models with different variations under each collection. So, if you are a watch enthusiast with varied interests, Panerai ensures you always have a reason to come back because there is an amazing timepiece under the Panerai brand for every watch lover. They go as far as helping you personalise your wristwatch by offering a variety of straps in different colours and materials - leather, rubber, textile, calf, or alligator straps? There are options to suit any occasion or mood you need a Panerai for. In fact, Panerai altogether started the strap-swapping trend now common today. Panerai watches come with an extra strap and tools for changing them at home. Some models even come with a quick-release system that does not require you to use the tool. Also, you can either buy straps directly from the brand or order from specialists around the world.
Panerai watches are famously known for being bold statement pieces. They are imposing and large and can complement any outfit perfectly - whether formal or casual.
Which Panerai Watch is Most Popular?
Throughout the history of Panerai, the company has been most famous for its deeply rooted innovation in its 2 core models and notable designs. The Luminor and the Radiomir. Recently, each model has gone through technological updates with a modest fine-tuning of its signature and fundamental Panerai look.
Here are some of Panerai's most iconic watch models and what differentiates them from similar-looking Luminor and Radiomir.
The Panerai Radiomir was first introduced in 1936. It is still one of the iconic watches made by Panerai. In 1938 the company updated the Radiomir. The latest update featured what remains to date the Radiomir's signature design. The new design features the sandwich dial.
Instead of attaching hour markers to a flat dial, the dial of a Radiomir is made of overlapping plates and the bottom layer made with luminescent radium. The second layer is all black, with the numerals written out to improve underwater legibility.
Now, Radiomir ranks as a classic, and it reflects the Panerai naval history with technical improvement.
The Panerai Luminor was released in 1949. The Luminor came an improved Luminous tritium-based material that went ahead to later replace the radium-based material in all Radiomir models.
The Luminor took on a different shape from the Radiomir with a few updates and variations. The Luminor retained the cushion-shaped case of the Radiomir the bezel was made wider and flatter. Also, the Luminor is the first Panerai watch designed to have the crown-protective bridge now distinct to all Panerai watches. The tight seal device secures the winding crown to Luminor water-resistant.
Panerai Luminor Mariner
The Panerai Luminor Mariner is part of the first collection released by Panerai in 1997. The Luminor Mariner is more like an extension of the original Luminor design with a few new updates to make the original design appealing to modern tastes and needs.
The Luminor Mariner is distinctively bigger than the Luminor, and the Crystal has a dome shape suitable for a bigger silhouette. Another distinguishing feature of the Luminor Mariner is the small second sub-dial at 9 o'clock.
Panerai Luminor Submersible
The Luminor Submersible is a very casual diving watch model. It features Panerai's clean black dial and a unidirectional rotating bezel with teeth added around its circumference. This added feature distinguishes the Luminor Submersible from the Luminor Mariner and the Luminor base style.
Is Panerai Overpriced?
Panerai makes luxury timepieces and has been in the game since the 19th century. The brand is known for sporty-elegant designs. Panerai watches are made to be durable without losing the sense of elegance and style. This makes them one of the most sought-after brands globally.
But are they overpriced?
Panerai watches are one of the most sought-after brands in the world. There are many different watch collections from the company. This means the watches are sold at varying prices. When it comes to Panerai watches, there are lots of options, ranging from affordable prices for less popular models to very expensive ones for the more luxurious collection.
However, you cannot expect an iconic timeless piece with history made from quality materials not to be sold at a high rate. Thus, a vintage Panerai will definitely cost you because they are not as easy to find as other brands from their era.
Therefore, the value of what you get from a Panerai watch as well as its quality makes it worth every penny, since they are made for those who appreciate unique details and quality.
Is Panerai Swiss or Italian?
Panerai is an Italian luxury watchmaker founded in Florence, Italy in 1860. Panerai is famously known for being the official timekeeper of the Italian Navy in the 20th century. Now, Officine Panerai is a fully owned subsidiary of Campaigne Financière Richemont S.A. Officine Panerai manufactures, designs, and market dealers through company-owned stores and authorised worldwide outlet dealers that retail these instruments of pure instruments and art.
The headquarter of the company is located in Geneva while the watches are manufactured in Neuchâtel, Switzerland using in-house manufactured movements. Panerai watches are designed and manufactured by Rolex S.A.
Today, the brand combines Swiss technology with Italian design. This is what makes Panerai special and a bit different from other Swiss luxury watch brands. Panerai is a Swiss and yet an Italian luxury watch brand.
Is Panerai a Luxury Brand?
Yes, Panerai is a luxury watch brand. Without a doubt, the brand is not just a luxury watchmaker but also one of the top-rated luxury watchmakers in the industry. Currently, Panerai is recognised as one of the top 3 Italian luxury watch brands globally. The company has been in existence since the 1860s and was founded by Giovanni Panerai; it continues to grow and be in existence to date. Through the years, Panerai continues to break records with innovations and inventions ranging from the first diving watch ever to the Radiomir and the great Luminor series.
Also, Panerai partners with well-known organisations to further produce mind-blowing timepieces that can stand the test of time. Initially, Rolex assisted in Panerai's watch movement production. Making them popular among naval divisions of the Italian, German and Egyptian armed forces. In recent times, the brand has partnered with luxury carmaker Ferrari to manufacture a limited watch range. This range features the "8 days GMT" amongst a few others.
Over time, the company has successfully carved a niche for itself in the watch industry. Particularly in the aspect of sophistication, value, innovation, and durability. This further proves that the superiority of the brand's luxury watch goes beyond aesthetics.
Who Owns Panerai?
The company was founded in Florence, Italy, in 1860 by Giovanni Panerai. Today it is headquartered in Geneva, although its watches are manufactured in Switzerland. Now Officine Panerai is a wholly-owned subsidiary of Campaigne Financière Richemont S. A.
After Giovanni established his first watch store in 1860, it was his grandson Guido Panerai that was instrumental in channelling it to the level of success it enjoys today. Guido expanded the watch store "Orologeria Svizzera" by merging it with his wife's family business of operating a mechanical workshop. He went ahead to create a whole new entity naming it "G Panerai & Figlio." The new company G Panerai & Figlio went ahead to later partner with Rolex SA and are credited for manufacturing the world's first instruments for professional diving. Between 1938 and 1970, the company supplied almost 1600 watches to the Italian Marina Military and Egyptian Navy.
The watch company moved to the lucrative civilian market after World War II. Following its acquisition by the Richmond group, it has established itself as a high-end luxury brand known to be a big fashion statement today.
Panerai took the ordinary wristwatch, added in some brilliant Italian thinking and Swiss watch technology, and has given the world something everyone will love to own.
Do Panerai Watches Hold Value?
Yes, Panerai watches have a high resale value in the pre-owned market due to their reliability and high demand. Depending on the Panerai watch you get, there is a high probability of the resale value being high.
The watch model is important when looking to buy a Panerai watch. All models have different levels of demand and popularity. For instance, The Luminor Mariner is one of the popular watch models ever made by the Panerai and just limited editions are produced yearly.
Panerai watches are known to be made from quality high-end quality materials like gold, steel, ceramics, titanium, bronze, and a host of many others. These materials automatically increase the value of each watch and make them a good investment over time.
Aside from how durable and desirable a Panerai watch can be, other factors generally contribute to a watch being a good investment. The condition of a timepiece affects its value. To be sure you will be getting your money's worth, make sure to keep your Panerai watch in good condition at all times.
The age of a Panerai watch is important in determining its value. If your watch is a new model, the best time to resell would be when the supply drops and the demand increases.
So, if you are looking for a timeless timepiece that can make a bold statement and at the same time hold its worth or even rise in value in the future, Panerai watches are your best bet.
Does Panerai Make Their Movements?
In recent times, Panerai has been moving away from using ETA's movements to creating their in-house movements.
Recent Panerai models like the 8 days power reserve models. Other models like the P.2006, the P.9000 ushered in an era of movement designed and produced in-house by the company.
In the words of Panerai CEO Angelo Bonati." This is an undertaking that Officine Panerai has completed in an incredibly short time. The design of our first in-house calibre dates back to 2002. Few other watchmakers have succeeded in developing and making eight of its own calibres fully operational and available in just seven years.”