The Panerai Luminor Marina 1950 PAM 423 holds a special place in the hearts of many watch enthusiasts. This particular model, a blend of classic Panerai design and robust functionality, represents a compelling entry point into the world of high-end Italian watchmaking. Understanding its retail and market price, model specifications, and historical trends is crucial for anyone considering purchasing or investing in this timepiece. This article delves deep into the PAM 423, exploring its various aspects and answering common questions surrounding its value and desirability.
Retail and Market Price:
Determining the exact retail price of a PAM 423 can be challenging as it's no longer in active production. Its original retail price, when new, likely fell within a range reflecting its specifications and market position at the time. However, the secondary market holds the key to understanding its current value. Sites like Chrono24, eBay, and dedicated watch forums provide insights into the prices at which PAM 423 models are currently being sold. The price varies considerably depending on the watch's condition, box and papers (original packaging and documentation), and any service history.
Generally, expect to pay a premium for a PAM 423 in excellent condition with full documentation. Factors influencing the price include:
* Condition: A pristine, unworn example will command the highest price. Scratches, wear on the bezel, or any signs of significant use will decrease its value.
* Completeness: The inclusion of the original box, papers, and any extra straps significantly impacts the price. A complete set is always more desirable.
* Service History: A documented service history from an authorized Panerai service center reassures potential buyers about the watch's mechanical integrity and increases its value.
* Market Demand: The overall demand for the PAM 423, influenced by its popularity and collectibility, plays a significant role in determining its price.
While providing a precise price range is impossible without examining specific listings, you can anticipate paying several thousand dollars for a used PAM 423 in good condition. Exceptionally well-preserved examples, particularly those with complete sets, can fetch considerably higher prices. It's crucial to thoroughly research current listings and compare prices before making a purchase.
Model Specifications and Features:
The Panerai Luminor Marina 1950 PAM 423 is characterized by its distinct design elements, embodying the brand's heritage and functionality. Key specifications include:
* Case: 44mm stainless steel case, showcasing the iconic Luminor 1950 cushion-shaped design. This size strikes a balance between wearability and the commanding presence associated with Panerai watches.
* Movement: The PAM 423 is typically equipped with the Panerai OP III caliber, an automatic movement with a 3-day power reserve. This movement is known for its reliability and robust performance. The visible movement through the exhibition caseback offers a glimpse into the intricate mechanics.
* Dial: The dial features classic Panerai design cues, including large luminous Arabic numerals, a date window at 3 o'clock, and the signature Panerai sandwich dial construction for superior legibility in low-light conditions.
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