Quote:
Originally Posted by nigelUK
Without doubt the 512 !
Lovely workhorse Piaget handwound movement, slim 42mm, a really nice watch. Dress it up or down. Loads of PAM DNA (IMHO). 100m water resistance
I've been looking for one at a decent price in UK for a long time. There are plenty available in the US at decent prices.
Had the same dilemma as you. I've owned many many Pams . . mainly 44mm and also a 372 (which I still say is one of the best watches ever .)
Get one. I don't think you will regret it. 
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First post on the forum after buying my first Panerai. Strangely enough it looks like you and I were of the same mind. After missing the first one I found, I ended up looking for another 6 months before purchasing the 512.
Love the PAM 111 and was looking for a clean example when I ran across the 512. Both of my son's have a 111 so I figure I could trade off should I want to wear the icon for a bit.
The 512 wears incredibly comfortable on my 6 3/4" (17.145 cm) wrist and the aesthetics are just outstanding. Slips easily under my sleeve due to the slim case design and the movement is gorgeous through the exhibition case back. Wounds it almost 3 days ago and it's still running along keeping excellent time. I bought the 512 used and it came with warrantee, box, and manuals. The warrantee card has the name of the original buyer from January 2016. The case back shows it is one of the first 100 made and came with the rubber strap and deployment buckle.
HIGHLY recommended by me as well. Especially if you are looking for something a bit smaller. I'd post some pics but the forum restriction will not let me link to pictures until after 10 posts.