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Originally Posted by michaelodonnell123
What I am not understanding is why isn't 'supply & demand' working here. There is plenty of supply and not enough demand, so shouldn't used Panerai's sell cheap?
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Supply and demand IS working. You just have a false sense of what is happening in the Panerai resale market.
It's become fun to bash Panerai for a variety of reasons, some legitimate and some not, but some models still do hold their value. Others, of course, do not and can be had for a great discount. Panerai is very model specific and you can't always believe what the "Paneristi" say because they are a very small niche group.