Panerai Price Dropping!

[patricia]

heh, if 312 really got at 6k, I will most prob be too worried to buy from that guy also

thats how weird we human beings sometimes are (or maybe its just me). Too ex cant afford, too cheap, worry its fake

Then, I think our babies deserve better parents.

[ohlins]

pls restrict the discussion to the posted topic and leave the mods out of it....

we do not defend the behaviour, agenda or position of any member.... they are responsible for their own posts...

but since "ignorant" is not the same as "arrogant", i am just pointing this out before a misunderstanding over "name-calling" might occur

thanks....

[wolfeyes1974]

Yes, current & common models like 0, 5, 24, 25, 88, 90, 104, 111, 112, 113, 114, 164, 212 & 240 price dropped but not as bad as any other brands like IWC, JLC, Rolex.
I think these models registered the least dropped when compared to other brands.

22BT was asking for like 28k 2 yrs ago...
but I know it only actually changed hand at 18k even at it's peak in Jun-08 with an Indonesian buyer....
Pay anything higher and u'd overpaid.....
Anyway, based on prices that was "actually" executed, transacted and not price that was asked in all the Posts by dealers which I have been recording in my humble Excel, I don't think 2/156, 3646s, 6152s, 6154, 201s, 301s, 1B-T, 2B-T, 21, 22B-T, 23B-T, 26B-T, 28B-T, 56, 89, 91, 92, 93, 115, 117, 123, 127, 194, 195, 203, 217, 232, 237, 239, 249, 292J & 301 did go down. So, again I reiterate, NO, price didn't drop for these models at all if we look at real transacted price compared between lows in Mar 2009 and highs in Sep-08.

In fact, 2/156, 3646s, 6152s, 6154, 201s, 301s, 1B-T, 2B-T, 21, 22B-T, 23B-T, 26B-T, 28B-T, 56, 89, 91, 92, 93, 115, 117, 123, 127, 194, 195, 203, 217, 232, 237, 239, 249, 292J & 301 prices has been going up since mid-09.

Panerai is 1st brand with select models like 2/156, 3646s, 6152s, 6154, 201s, 301s, 1B-T, 2B-T, 21, 22B-T, 23B-T, 26B-T, 28B-T, 56, 89, 91, 92, 93, 115, 117, 123, 127, 203, 217, 232, 237, 239, 249, 292J & 301 to register transacted price increase along with 0, 5, 111, 112, 176, 177 & 219 since mid-09.

Sadly, for 24, 25, 88, 90, 104, 164 & 240, the price will con't to slide as 305, 312, 320 & 321 will take it's place.

I do not compare price based on FS asking.
I know I cannot use FS as it's manipulated by buyers & sellers alike.
I must not include SGD35k asking for 217....30k for 249....29k for 292J...20k for 232....35k for 195.....29k for 123....200k for 203....32k for 26BT.....400k for 21...as I know they never changed hand.

In stock prices, ur portfolio & worth is valued at closed bid & not ask.
I treat the same for watches.

And, I ignore all low collectors pricing as they may need to sell cheap due to lack of Reference.
There're collectors here & in other forums who try to bring e mart down by posting fake FS with low prices, which I ignore.
There're also sellers whom posted high prices with no watches to spurn e mart esp in 2007 & 2008.
These ppl whom seldom trade & appear suddenly as they dissapear are also ignored by me.

I only look at price that was actually sold by traders as it's what the mart is, and it's standardize; something like SGX lar....easi to compare.

So in conclusion, I think everyone will agree, apart from 24, 25, 88, 90, 104, 164 & 240, Panerai price has stabilized & had started to increase.

I also think, every one will agree that Panerai remain as the only brand with least depreciation for 0, 5, 111, 112, 176, 177 & 219.

I also think based on real transacted prices, Panerai is the only brand where select models like 2/156, 3646s, 6152s, 6154, 201s, 301s, 1B-T, 2B-T, 21, 22B-T, 23B-T, 26B-T, 28B-T, 56, 89, 91, 92, 93, 115, 117, 123, 127, 203, 217, 232, 237, 239, 249, 292J & 301 never go down at all.

And, 2/156, 3646s, 6152s, 6154, 201s, 301s, 1B-T, 2B-T, 21, 22B-T, 23B-T, 26B-T, 28B-T, 56, 89, 91, 92, 93, 115, 117, 123, 127, 203, 217, 232, 237, 239, 249, 292J & 301 along with 0, 5, 111, 112, 176, 177 & 219 are starting to increase, e 1st brand to do so since mid tis yr.

Fred...good of you to share what "methods" some pple/traders used in forums and how they pass off LNIB as BNIB..

personally, i found this out quite a while ago in this forum...whenever you see someone sells a omega PO.....soon, you'll see in WTB some new members (with 1-2 posts) wanting to buy the same watch...easy to catch! you'll not find them contributing to the other sections of the forum...do a search and you'll find them..

i also know who're some of the dealers who pass off LNIB as BNIB...watches like PP/JLC/AP/Rolex have been stripped to individual parts.. polished and all....then package with a new box to make it BNIB....selling them to make thousands of $$ (for PP and more established brands etc)..or sell at premium... i don't buy from them....i even avoid going to that area to look at their watches...

thanks again for sharing with the members here...

[Fred_Tan]

Man, this is crazy

Fred...good of you to share what "methods" some pple/traders used in forums and how they pass off LNIB as BNIB..

personally, i found this out quite a while ago in this forum...whenever you see someone sells a omega PO.....soon, you'll see in WTB some new members (with 1-2 posts) wanting to buy the same watch...easy to catch! you'll not find them contributing to the other sections of the forum...do a search and you'll find them..

i also know who're some of the dealers who pass off LNIB as BNIB...watches like PP/JLC/AP/Rolex have been stripped to individual parts.. polished and all....then package with a new box to make it BNIB....selling them to make thousands of $$ (for PP and more established brands etc)..or sell at premium... i don't buy from them....i even avoid going to that area to look at their watches...

thanks again for sharing with the members here...

That's just "siao ka be siao" (crazy).
Siao siao. (crazy)...
i tot all along they just polish case, lugs & back plate and bracelets or buckle...repairing the movements....that is mean!
Wow...how to check lar???

[Fred_Tan]

Lol

heh, if 312 really got at 6k, I will most prob be too worried to buy from that guy also

thats how weird we human beings sometimes are (or maybe its just me). Too ex cant afford, too cheap, worry its fake

That's so true...

[Oceanklassik]

Bro wolf, share who are the "usual suspects", can? PM way.

[wolfeyes1974]

That's just "siao ka be siao" (crazy).
Siao siao. (crazy)...
i tot all along they just polish case, lugs & back plate and bracelets or buckle...repairing the movements....that is mean!
Wow...how to check lar???

i won't be able to check and i dunno how to....but i trust the dealer who revealed to me...he's been in this line for ages...

as a consumer, i'll leave the verification and checking to the respective service centre...but i'll avoid certain areas...like many of our members here avoid going into P*** K***