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Buying Panerai in China

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  • Buying Panerai in China

    Any thoughts/experience on purchasing Panerais in China (eg. Shanghai) or knowledge of price relative to Sg?
    Current:
    Rolex Submariner 116613LB Sunburst Dial
    Rolex Yachtmaster 116622 Blue Dial
    Rolex GMT-Master II 16710 'Coke' Z-series
    Tudor Pelagos Blue 25600TB
    Maurice Lacroix Pontos S Diver
    Aviator Poljot Black 45mm
    Corniche Heritage 40

    Wishlist:
    Rolex Submariner 116619LB 'Smurf'

  • #2
    I do not expect prices to be cheaper. Luxury items in high demand there. The PRC tourists even find our local prices to be cheaper...
    Current babies:
    Sub 16610LN D series
    PAM 312 M series
    IWC 500112 Laureus Limited Edition

    Wish list:
    116613LB?
    a good White dial watch

    Comment


    • #3
      Price here in Shanghai is much much higher, eg. Pam372 is selling at RMB78,000.
      No discount whatsoever...

      Comment


      • #4
        Would avoid
        Prefer buy from europe

        Comment


        • #5
          I see... Thought main reason PRCs shop here is due to range and tax refund.
          Current:
          Rolex Submariner 116613LB Sunburst Dial
          Rolex Yachtmaster 116622 Blue Dial
          Rolex GMT-Master II 16710 'Coke' Z-series
          Tudor Pelagos Blue 25600TB
          Maurice Lacroix Pontos S Diver
          Aviator Poljot Black 45mm
          Corniche Heritage 40

          Wishlist:
          Rolex Submariner 116619LB 'Smurf'

          Comment


          • #6
            Range in Shanghai is good cos everything is more expensive by at least 20%. Unless you are looking for a SE, not the best place to buy.

            Comment


            • #7
              Too many fakes.buy with caution.

              Comment


              • #8
                Wouldnt advise to get in china. Too many replica. Even getting one wouldnt feel safe honestly. If getting at low price u will feel is too gd to be true or fake if at a steep price u definitely feel u got rip off. Rather u getting from sg or other country because panerai oso costly few grands. So spend to make urself feel safe better.

                Comment


                • #9
                  Not pretty safe to buy there.. Singapore would be a safer and better choice

                  Comment


                  • #10
                    Never buy luxury goods in China due to their hefty tax
                    I own a Rolex !

                    Comment


                    • #11
                      China tends to have higher mark ups. It is only worthwhile if you are after collections that are unqiue to China like PAM 498 and teh Luminor Sealand 842
                      "He could not just wear a watch. It had to be a Rolex." �Ian Fleming, Casino Royale (1953)

                      Comment


                      • #12
                        It should be safe if you get it from Panerai Boutique there at IFC or Plaza66.
                        Though price is about 20% higher, you may able to get limited editions or hot models which you will never get here or overseas without contacts.

                        Comment


                        • #13
                          What about selling into China?

                          Comment


                          • #14
                            Would avoid buying in China as the import duty tax is much much higher.
                            Buying in HK can be consider.

                            Comment


                            • #15
                              Go take a look at the Shanghai ADs and ask. You will be surprised that the prices are not too far off from SG, in fact may be lower for some models. I understand that Panerai has stopped price increases in certain markets like China recently in order to realign prices in APAC
                              elusive

                              Comment

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