The Panerai Luminor Submersible Anthracite PAM106 holds a special place in the hearts of Panerai enthusiasts. This particular model, with its robust build, distinctive design, and compelling history, represents a significant chapter in Panerai's evolution from a specialist military supplier to a globally recognized luxury watch brand. This article delves deep into the PAM106, exploring its retail and market price, model specifications, historical trends, and its relationship to similar models like the Panerai Luminor Marina Automatic PAM104 (PAM00104).
Retail and Market Price:
Understanding the price of a PAM106 requires considering its age and condition. Originally released, the retail price was significantly lower than its current market value, reflecting the appreciation of vintage Panerai models over time. Finding a pristine, unworn PAM106 is a rare occurrence, pushing prices into the higher echelons of the pre-owned market. Depending on condition, box and papers (original packaging and documentation), and overall desirability, prices can range from several thousand dollars to well over $10,000. The presence of the original box and papers significantly impacts the value, often commanding a premium of several hundred to even a thousand dollars.
Factors influencing the market price include:
* Condition: Scratches, dings, and signs of wear will naturally reduce the value. A watch in excellent or near-mint condition will fetch a considerably higher price than one showing significant wear.
* Originality: The authenticity of all components is paramount. Modifications or replacements of parts will negatively impact value.
* Box and Papers: As mentioned, the inclusion of the original box and papers significantly increases the perceived value and desirability.
* Market Demand: The overall demand for vintage Panerai models, particularly popular references like the PAM106, fluctuates based on market trends and collector interest.
It's crucial to purchase pre-owned Panerai watches from reputable dealers to ensure authenticity and avoid fraudulent practices. Thorough inspection and verification are essential before committing to a purchase. Online forums and communities dedicated to Panerai watches can provide valuable insights and advice on pricing and authenticity.
Model Specifications and Features:
The PAM106, a Luminor Submersible, embodies Panerai's commitment to robust functionality and rugged design. Key specifications include:
* Movement: Typically houses the hand-wound OP VIII calibre, a workhorse movement known for its reliability. This movement offers a power reserve of approximately 46 hours.
* Case: Features a 44mm stainless steel case, a signature size for Panerai, providing a substantial presence on the wrist. The case is highly resistant to water pressure, making it suitable for professional diving. The iconic crown-protecting device, a hallmark of Panerai design, is prominently featured.
* Dial: The dial is typically anthracite (dark grey), providing excellent contrast and legibility. Luminous markers and hands ensure readability in low-light conditions. The date window is subtly integrated at 3 o'clock.
* Crystal: A sapphire crystal offers scratch resistance and clarity.
* Strap: The PAM106 typically comes with a durable rubber strap, appropriate for its diving capabilities. Many owners opt for alternative straps to personalize their watch.
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