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Different viewpoint

October 27 2017 at 12:08 PM
Jack  (Login CarsandChronos)
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Response to Panerai 6152-1 Marina Militare sold today at Phillips

As someone who has followed the brand for almost two decades, I think it's fair to say that Panerai hit a pick a few years ago. These vintage pieces are not , in my opinion, representative of the brand as a whole. How many people are actually bidding on a piece like that? Maybe a couple dozen, and now it's only a couple? Rather small sample size.
Also, It always amazes me how people like to buy something at its peak...stay away from stocks if that is your mentality. Lol
In my opinion, if you desire a vintage Panerai piece, now might be a time to start looking to buy. On the other hand, I would run like hell from anything vintage Rolex. The market is flooded with inventory in most cases and the prices simply don't make sense . Wait for the fall of the Rolex market, which in my opinion is surely coming.
To each their own but I prefer to buy things on sale, and I certainly don't let the habits of others dictate what I like to wear.

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