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-   -   Value Retention/Collectibility of PAM690 (https://www.rolexforums.com/showthread.php?t=786690)

Rybark09 26 January 2021 09:10 AM

Value Retention/Collectibility of PAM690
 
Hey all,

I am smitten with the 690. I’ve always bought brand new but never Panerai. Paying over retail for 5 year old model is new territory for me.. will this one hold long term value in your opinion?

The OG Beef 26 January 2021 10:07 AM

It has essentially maintained its value so far and they don’t come up for sale that often. Absolutely love mine. If you dig it I wouldn’t hesitate.


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Rybark09 26 January 2021 11:00 AM

Thanks!
 
It’s a beauty!

Quote:

Originally Posted by The OG Beef (Post 11224854)
It has essentially maintained its value so far and they don’t come up for sale that often. Absolutely love mine. If you dig it I wouldn’t hesitate.


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Megalobyte 26 January 2021 05:05 PM

You should be able to get one preowned for 9k or so.


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opawlows 27 January 2021 05:16 AM

They seem to be holding their value pretty steady. If you like it, go for it!

It is a stunner!

crazycarlitos 27 January 2021 05:30 AM

2 Attachment(s)
Quote:

Originally Posted by Megalobyte (Post 11225494)
You should be able to get one preowned for 9k or so.


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This^
Used to trade around $12k iirc
So it has dropped some-what now.

The msrp in 2016 when release was $8900 afaik

Honestly, if value is most important, panerai is not it atm, imho.
Most panerai has dropped in value in last year, from what I can see...
So it felt like a good time to buy, if u were planning to buy one. Lol

I recently traded a Rolex for a Panerai, so u know how I feel about the 690. Lol

This thread needs pics :cheers:

brandrea 27 January 2021 05:33 AM

3 Attachment(s)
They've been holding steady at, or close to original retail price.

I paid $1000 over in 2016 and don't mind one bit. It's a keeper in my books.

Good luck, its a great watch:cheers:

Attachment 1199455Attachment 1199456Attachment 1199457

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ManUtd 27 January 2021 10:21 AM

I regret not getting the 690 when it was in production, it is a stunning watch. Currently at Chron024 there are 2 listings at $12.5K. DavidSW has one at $10.5K. Good luck.

Rybark09 27 January 2021 11:52 AM

Thanks for all the replies, it’s a fantastic looking watch!

Rybark09 27 January 2021 11:53 AM

Your pics...
 
Your pictures are what started my longing for the 690,,,, thanks a lot!


Quote:

Originally Posted by brandrea (Post 11226591)
They've been holding steady at, or close to original retail price.

I paid $1000 over in 2016 and don't mind one bit. It's a keeper in my books.

Good luck, its a great watch:cheers:

Attachment 1199455Attachment 1199456Attachment 1199457

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brandrea 27 January 2021 12:01 PM

Quote:

Originally Posted by Rybark09 (Post 11227478)
Your pictures are what started my longing for the 690,,,, thanks a lot!

Happy to enable.:cheers:

It really is a cool blend only modern and throw back IMO. The domed crystal is insane and the case has really interesting lines.

Its also extremely comfortable to wear. Much more so than my larger Rolex divers were:2:

Good luck :cheers:

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Rybark09 27 January 2021 12:15 PM

.
 
I’ve got a James Cameron (126660), I assume this will be a featherweight compared to that!


Quote:

Originally Posted by brandrea (Post 11227500)
Happy to enable.:cheers:

It really is a cool blend only modern and throw back IMO. The domed crystal is insane and the case has really interesting lines.

Its also extremely comfortable to wear. Much more so than my larger Rolex divers were:2:

Good luck :cheers:

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brandrea 27 January 2021 01:46 PM

Quote:

Originally Posted by Rybark09 (Post 11227541)
I’ve got a James Cameron (126660), I assume this will be a featherweight compared to that!

It will feel light compared to that for sure, but it will fill the wrist more (size wise).:cheers:

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Megalobyte 27 January 2021 07:26 PM

The 932 is also beautiful. https://uploads.tapatalk-cdn.com/202...55ef1e1a8a.jpghttps://uploads.tapatalk-cdn.com/202...b225893605.jpg


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fullcourt 27 January 2021 11:25 PM

690 is a great piece, passed on it originally because i bought a 662 that i no longer have. should have passed on that one and bought the 690 🤣

crazycarlitos 28 January 2021 05:19 AM

Quote:

Originally Posted by Megalobyte (Post 11228035)

Very nice pics! :thumbsup:

OP, the 932 is still available from Panerai afaik.
Main difference would be the dial.
690 has a satin soleil dial with one line on top and one line on bottom.
932 has a gradient dial with two lines on top.

NYG1121 28 January 2021 05:33 AM

stunning pics! Love this reference. Wish they made one smaller than 47mm

Megalobyte 28 January 2021 08:43 AM

Quote:

Originally Posted by crazycarlitos (Post 11229052)
Very nice pics! :thumbsup:



OP, the 932 is still available from Panerai afaik.

Main difference would be the dial.

690 has a satin soleil dial with one line on top and one line on bottom.

932 has a gradient dial with two lines on top.



Also the 690 has rose gold hands while the 932 is white gold. (Maybe polished SS) Not positive.


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ManUtd 28 January 2021 09:00 AM

Quote:

Originally Posted by crazycarlitos (Post 11229052)
Very nice pics! :thumbsup:

OP, the 932 is still available from Panerai afaik.
Main difference would be the dial.
690 has a satin soleil dial with one line on top and one line on bottom.
932 has a gradient dial with two lines on top.

You might find the 932 at an AD but Panerai says they don't have it anymore.

MattyMac 28 January 2021 01:08 PM

1 Attachment(s)
690 is one I'll never part with...

chris nyc 29 January 2021 02:53 AM

690 is in a class of it's own, IMHO. 932 is a beauty, but it is not in the same class...different blue dial, silver hands, readily available....

I'm about to pick up a 690 from someone i've been talking to for quite some time. He's finally ready to part with it and our timing is working out it seems.

The OG Beef 29 January 2021 03:07 AM

Quote:

Originally Posted by chris nyc (Post 11231046)
690 is in a class of it's own, IMHO. 932 is a beauty, but it is not in the same class...different blue dial, silver hands, readily available....

I'm about to pick up a 690 from someone i've been talking to for quite some time. He's finally ready to part with it and our timing is working out it seems.


Agree. The 932 would be a no questions asked piece...if the 690 didn’t exist.


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chris nyc 29 January 2021 03:15 AM

Quote:

Originally Posted by The OG Beef (Post 11231068)
Agree. The 932 would be a no questions asked piece...if the 690 didn’t exist.


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yup.... I contemplated it for a while myself, but felt like i would have been settling vs the 690.

Cru Jones 29 January 2021 03:49 AM

I love coming back to this thread just to see the great pics, both 690 and 932. :clap:

The OG Beef 29 January 2021 04:02 AM

Quote:

Originally Posted by Cru Jones (Post 11231146)
I love coming back to this thread just to see the great pics, both 690 and 932. :clap:


I’ll throw one in for you. [emoji3]https://uploads.tapatalk-cdn.com/202...f12b121d98.jpg


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Minimalist 29 January 2021 08:54 AM

It's a gorgeous watch, I tried one on back in 2016 at a grey dealer but he wanted too much over retail, but it sure was beautiful.


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