Breaking News: Richemont do not verify Panerai watches anymore

[FullHouse]

I think buying watch could be similar to buying car. Most of the time, you'll lose money. So, it's not a good form of investment. Buy only if it sings to you.

But, if you keep the watch long enough with you, you may have sweet & fond memories when you look back. I think that's probably a better way to look at it. At least, that's the way I look at it.

Dino

Well said but recently buying car can breakeven your loan n may even drive it for free for entire year too,fyi!!Only fews lucky ones in certain batches.
Next, if you have certain good memories or gestures to your lovely watches which you own,surely thus will be the best way to remember or just own it before !!Ultimately, we just need to priority what the most important asset in your present lifestyle too,cheers

[Oceanklassik]

I agree that we should have a gathering for this, where is bro ocean? He wearing a PAM and i love him to give us a lesson.

Hi Mr Ivanloh,

I do not remember having worn a PAM when we met. And I have no capacity/qualilification/knowledge, even experience, good enough to conduct lessons on PAM, or in fact, on any other watches. If you "love" me to give you a lesson or two with my superficial knowledge, we can do it privately

What say you my dear.. ?

[ckhouse80]

i think not much ppl dare to buy pre-owned PAM....im the one

[Keith8896]

i think not much ppl dare to buy pre-owned PAM....im the one

Wow good news at least for me

[zameenzahari]

i think not much ppl dare to buy pre-owned PAM....im the one

i guess if you do a bit of homework, bring some friends with experience, cross check it against the papers, it should not be a problem. You can tell the real deal by inspecting key characteristics like the crown guard lever, by winding it (feel and sound), looking at the dial (colour & fonts)..and as always, buy the Seller 1st...

[Ivanloh]

Hi Mr Ivanloh,

I do not remember having worn a PAM when we met. And I have no capacity/qualilification/knowledge, even experience, good enough to conduct lessons on PAM, or in fact, on any other watches. If you "love" me to give you a lesson or two with my superficial knowledge, we can do it privately


What say you my dear.. ?

You told me you have a PAM mah, I buy you some durain puff for that if you teach me a one or two. Ops, should be durian puff!!!

[Oceanklassik]

No need durian puff I will also teach you one or two, my friend. Just that you may be getting "not so high" standards from me only

[unregistered]

Re-confirmed that RSC don't do validation for all their brands. Someone wanted my JLC, called them and they confirmed they wouldn't do it.

One side effect of this, he suggested we go to his watchsmith to crack the caseback on my JLC 1000m diver to verify the movement.

Was definitely not comfortable with that. His next tact, send the watch in to RSC for servicing to get confirmation from them that its not a counterfeit.

Frankly, there comes a point whereby like you said above, you buy the seller, you investigate as much as you can, if there are replicas, what the tells are on the replicas, and then you have some faith that people just arn't always out to rip you off.

Anyhow, suffice to say, the sale is not on.

This really is one of those idiosyncrasies in the local Singapore market ain't it. Never had these issues buying/selling online. Anyhow, I do believe we're going to see a clear hit to the second hand market and the prices associated therein. Or perhaps some enterprising individual will setup shop to do authentications...alongside with the legal implications of such reviews

[seiko.citizen]

your post is confusing. assuming you are talking about richemont since JLC is under their umbrella.

[unregistered]

Yes Richmont. They don't do validating. Leading people to want to validate with their own personal watchsmiths not affiliated with ADs. Which has its own implications.

[Keith8896]

His RSC = Richemont Service Center; While most will think is Rolex Service Center.

your post is confusing. assuming you are talking about richemont since JLC is under their umbrella.

[seiko.citizen]

oh jialat. i didnt think of that! paiseh! paiseh!

[dennistwc]

i think not much ppl dare to buy pre-owned PAM....im the one

so is it safer by getting a pre-own complication Pam like 190, 233 etc?? since it was not so easy to copied??

[Watcha]

so is it safer by getting a pre-own complication Pam like 190, 233 etc?? since it was not so easy to copied??

233 definitely hard to copy.

If its a full set with everything tally, I would say relatively safe.

How then? Exchange details and snap each other's pictures?

Put the watch on a timer since fake is unlikely to be within COSC?

Some watch design is difficult to fake with quality in my opinion.
New pam inhouse with 1950 case, 233, 270, solid gold (cannot fake weight), JLC, BP, chronos, bell & ross, hublot, RM......

[strassersg]

Hi all,
This is turning out to be a very interesting thread. I have bought and sold many a pam. As a buyer, I have never had any of them authenticated, but some of the pams that i've sold recently, the buyers have wanted them authenticated. Its an interesting phenomenon.

I stick to the adage, buy the seller, never the watch. Its also about reading up and knowing what to look for. As many have mentioned, check the boxes, papers, cosc cert if there's one. Make sure the numbers tally, be it serial or movement. That said, my first pam was a no box, no papers PAM 111E, but that had a display back where you can clearly see the swan neck regulator, look at the finishing, count the screws and crystals even if you want to!!

Important, check his references. Importantly, don't let a paltry few hundred dollars colour your view of a bad deal, hoping it good. When you read the posts on paneristi, they never mention about getting a watch authenticated, but rather references for the person. Perhaps, thats the way we should be going?