Should I take the hit

[Psmith]

Originally Posted by WJGESQ

Yep. That's the problem with trendy brands. The fall can come hard and quick.

You should do some research before commenting
Early Panerai Radiomir cases were designed by Rolex and the watches used Rolex movements. Panerai were military suppliers from 1930s - 1990s.

@OP - I would hang on to the 389 and maybe switch out the strap to freshen its appeal (one of the fun aspects of Panerai ownership). Taking a big hit and then buying another watch that will also depreciate (if not as much) makes no sense to me. Nice to have some contrast in a collection.

[dave023]

Keep the Panerai and just wear it. They're beautiful watches.

[beshannon]

You have already taken the hit, you just have not realized it yet.

You are not wearing it, sell it and move on.

[Huliganchik]

I don't have blnr but have coke gmtii and it's my most worn watch by far. I'm sure you'll love blnr. As for panerai, it's a shame about their depreciation. I get the crown and whole ugly aspect as some think, but still I personally like it for its uniqueness. As a matter of fact I was looking at submersible just recently while looking for divers watch. Hell id take it from your hands for 3k, but if I were you I'd keep it.

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[brandrea]

Originally Posted by Ruud Van Driver

I love reading crap like this from the haters who clearly know nothing about the brand.

Panerai has been around since 1860, which is about 45 years longer than Rolex, so it's hardly a 'trendy' brand.

Originally Posted by Psmith

You should do some research before commenting
Early Panerai Radiomir cases were designed by Rolex and the watches used Rolex movements. Panerai were military suppliers from 1930s - 1990s.

@OP - I would hang on to the 389 and maybe switch out the strap to freshen its appeal (one of the fun aspects of Panerai ownership). Taking a big hit and then buying another watch that will also depreciate (if not as much) makes no sense to me. Nice to have some contrast in a collection.

Enough said ... And I'll enjoy my trendy Panerai

[JP Chestnut]

Originally Posted by Ruud Van Driver

I love reading crap like this from the haters who clearly know nothing about the brand.

Panerai has been around since 1860, which is about 45 years longer than Rolex, so it's hardly a 'trendy' brand.

That's about the most favorable view of panerai you could have. How many of those years did they continuously make watches? Farm equipment and other stuff doesn't really count.

[Rentalcarman]

Originally Posted by skkali168

If you ain't wearing it - you already taking a hit. Might as get something you want to wear


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What they said ^^^^^^^^^^^^^^^ Sell what you don't wear for something that you will wear.

[Ruud Van Driver]

Originally Posted by JP Chestnut

That's about the most favorable view of panerai you could have. How many of those years did they continuously make watches? Farm equipment and other stuff doesn't really count.

I have no idea what you're point is or what you're driving at here but as far as I'm aware, they've made timepieces continually from the beginning. I'm no authority on Panerai so I'm happy to be educated by someone with knowledge of the brand. I'm not interested in BS from haters and the ignorant.

I'm a fan of Panerai. I wear them out of love for the brand and the timepieces themselves. No one puts a gun to your head to make you buy them. Wear what you love and love what you wear

[Rolex addict]

Originally Posted by Etschell

Yes, imo the hit will only get bigger each year

Yep. That's why I've stayed with Rolex. I don't ever plan to sell, but you never know. Buying right is also key. The only reason I have an AP is because it was an incredible deal. As long as I don't beat the crap out of it, I can flip it and get all my money back. However, it's my favorite SS watch and I have zero intentions of selling.

[Psmith]

Originally Posted by JP Chestnut

That's about the most favorable view of panerai you could have. How many of those years did they continuously make watches? Farm equipment and other stuff doesn't really count.

They manufactured depth gauges, compasses and other precision instruments for the navy.

Given the shared heritage of Rolex and Panerai, it's disappointing to read the inevitable negative comments in these types of threads. Doesn't happen on P.com (about Rolex).

Regarding value retention, Panerai does no worse than many other brands.

[Etschell]

Originally Posted by Psmith

They manufactured depth gauges, compasses and other precision instruments for the navy.

Given the shared heritage of Rolex and Panerai, it's disappointing to read the inevitable negative comments in these types of threads. Doesn't happen on P.com (about Rolex).

Regarding value retention, Panerai does no worse than many other brands.

I agree with that but his question was simple for me. Should I sell a watch I don't like as much that may depreciate further to buy another watch I will like more that won't? Seems like a no brainer for me.

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[Psmith]

Originally Posted by Etschell

I agree with that but his question was simple for me. Should I sell a watch I don't like as much that may depreciate further to buy another watch I will like more that won't? Seems like a no brainer for me.

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Sure - and that's ultimately up to the OP. The loss will only be realised when the watch is sold/traded. If he decides to proceed, then selling privately would be a better option than trading.

I was just responding to the negative and inaccurate comments made by one poster in particular.

[Etschell]

Originally Posted by Psmith

Sure - and that's ultimately up to the OP. The loss will only be realised when the watch is sold/traded. If he decides to proceed, then selling privately would be a better option than trading.

I was just responding to the negative and inaccurate comments made by one poster in particular.

Understood

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[AK797]

Hit and run to the BLNR.

[Manofsteelpt]

This is REALLY easy when it's not my money, but, yes.

[RichM]

Flip it and take the hit. It only hurts until you get a new watch.

[watchwatcher]

Originally Posted by JamesChristopher417

Do I take the hit and make up the difference and buy a new Rolex?

Yes. Do it quickly and don't look back. It'll only hurt for a little bit.

[way1]

Originally Posted by Etschell

Yes, imo the hit will only get bigger each year

I agree. Take the hit now - I decided to ''take the hit'' on 3 Breitlings under a year old and it was severe to say the least, but I bought 3 Rolex to replace them and I couldn't be happier.

Best wishes with your decision!

[iliketime]

bubbles inflate and deflate all the time! dont worry and enjoy the piece you have. if you dont like it any more, let it go

[nick c]

Originally Posted by brandrea

Enough said ... And I'll enjoy my trendy Panerai

Stunning my friend

[brandrea]

Originally Posted by nick c

Stunning my friend

Thanks Brother

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[Ruud Van Driver]

Originally Posted by Etschell

I agree with that but his question was simple for me. Should I sell a watch I don't like as much that may depreciate further to buy another watch I will like more that won't? Seems like a no brainer for me.

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I agree too and also with the way you have phrased it. Why hang on to something if you're not enjoying it? It's the ignorant Panerai-bashing from people, one in particular who has no knowledge of the brand, that annoys me. I don't particularly like Omega and AP but I don't rubbish them. They make fine watches but they don't blow my skirt up, that's all (I love the look of the Omega Deep Black on paper but didn't like it in the flesh)

Originally Posted by Psmith

Sure - and that's ultimately up to the OP. The loss will only be realised when the watch is sold/traded. If he decides to proceed, then selling privately would be a better option than trading.

I was just responding to the negative and inaccurate comments made by one poster in particular.

Spot on, Clive.

I would more than happily swap my BLNR for a 389, although I'd more likely go 1389 now

[nick c]

Ones again it's not only Panerai get hit, it's all the watch industry,includes Rolex.

[BVLDARI]

I am a big believer that anything I own should serve a purpose. If I have something that is not being used, I sell it and replace it with something that gets used or just keep the money. Now if money is no object, then keep the stuff you don't use... But I've always felt that someone else may get more enjoyment out of something I am not so might as well let it go.

[Psmith]

Originally Posted by brandrea

Enough said ... And I'll enjoy my trendy Panerai

A beauty, Brian

[brandrea]

Originally Posted by Psmith

A beauty, Brian

Thank you my friend!

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[Chadridv]

Originally Posted by JamesChristopher417

After some research I think about 3k which seems crazy but that's selling to someone to has to make a buck on it.

3k on a watch worth what? 6-7k? Yeah that's rough. I don't know if I could stomach that. Maybe try to sell it on your own?

[BVLDARI]

Originally Posted by JamesChristopher417

Probably about 3k if I sell if it to someone who has to resell it. Not ideal obviously but I don't get the wear out of it.

Have you considered selling it yourself? You can probably easily half that loss if you did it yourself.

[JamesChristopher417]

I understand its a Rolex forum and I do own a rolex but people really bash panerai without the knowledge. Having said that they do depreciate faster and don't retain their value.

I definitely stirred up some feelings......

Maybe ill just get the BLNR and keep the Panerai.....what the hell lol

[Watchgeek5000]

Try to minimize your hit. Sell the Panerai privetly if you can and buy the BLNR slightly pre owned. There are deals out there for $8000 on the BLNR pre owned.