Sell Panerai Watch | Panerai Watch Price – Las Vegas, NV

Officine Panerai is an Italian watchmaking company headquartered in Geneva, Switzerland. As a subsidiary of Compagnie Financière Richemont S.A., a renowned Swiss luxury goods holding company, Panerai designs, produces, and sells watches through company-owned and authorized dealers worldwide. In this article, we will delve into selling your old Panerai watches.

Sell Panerai Watch

The second-hand watch market is a thriving industry; whether you want to buy or sell your luxury watch, it’s always good to find a trusted buyer. Nevada Coin Mart is the number bury of Panerai watches in Las Vegas and Henderson, NV. Here at Nevada Coin Mart, we will evaluate the authenticity and value of your watch for free with no obligation to sell. We strive to give you the best offer possible for the value of your precious timepiece.

We are open from 9 A.M. to 6 P.M. 365 days a year, so come visit us at Nevada Coin Mart® 4065 S. Jones Blvd, Las Vegas, NV 89103, or call us at 702-998-4000.

Panerai Watch Price

When selling your Panerai watch, it’s essential to research prices in the secondary market. A brand-new Panerai watch can cost thousands of dollars, even for an entry-level model. So selling a pre-owned watch in top condition can be quite valuable. At Nevada Coin Mart, we meticulously evaluate your watch based on several criteria:

  • Condition
  • Model
  • Serial Number
  • Movement
  • Material Selection
  • Paperwork

These factors are crucial in determining your watch’s worth and will help you get the most cash for your Panerai watch.

History of Panerai

In 1860, Giovanni Panerai opened his first watch workshop on the Ponte alle Grazie in Florence, Italy, which also served as the city’s first watchmaking school. By the early 20th century, the shop moved to its current location at the Palazzo Arcivescovile in Piazza San Giovanni.

In 1916, Officine Panerai developed Radiomir, a radium-based powder that illuminated dials, to meet the Royal Italian Navy’s need for high-accuracy instruments. During World War II, Panerai created the earliest prototypes of the “Radiomir” model for the Navy’s frogman commandos. These prototypes featured a cushion-shaped 47mm steel case, glowing numbers and indices, and a long water-resistant bracelet strap.

Full-scale production of the Radiomir models began in 1938. They incorporate enhanced features such as perforated indices and numerals for better luminosity, more resistant wire lugs, and improved visibility underwater with Arabic numerals on the dial. In 1940, to meet the demands of the Italian Royal Navy for underwater endurance, Panerai reinforced the lugs for better resistance.

In 1943, Panerai introduced the Mare Nostrum prototype, a chronograph designed for deck officers. By 1949, the self-illuminating substance Luminor replaced Radiomir, and Panerai patented the Luminor trademark. In 1956, Panerai developed the Radiomir “Egiziano” for the Egyptian Navy, notable for its large 60mm bezel and underwater time-calculating features.

Following the death of Giovanni’s great-grandson Giuseppe Panerai in 1972, engineer Dino Zei took over, renaming the company “Officine Panerai S.r.L.” In 1993, the Richemont Group acquired Panerai and launched its products for the civilian market, bringing its rich legacy of military precision to a broader audience.

Spotting a Fake Panerai

Panerai has been crafting high-quality timepieces since 1860, symbolizing innovative and luxurious horological technology. This makes the brand a target for counterfeiters, and distinguishing a fake Panerai from a genuine one is crucial, as fakes hold no value, especially in the second-hand market. It is important to take note of these tips when you are planning to sell your Panerai watch. Here are some tips to identify an authentic Panerai:

Dial

Fake Panerai watches may look authentic at first glance, but the details often give them away. Genuine Panerai dials are “sandwiched” with different layers, with glow-in-the-dark numerals embedded between them. Additionally, the subdials of a real Panerai lack a marker at the 9 o’clock position and are positioned closer to the outer edge of the dial.

Case and Hands

The cases of Panerai watches are designed to protect the movements and fit comfortably on the wrist. Authentic Panerai minute hands are long enough to almost reach the outer border of the dial, and each model has a specific hand design. Counterfeiters often use incorrect hand designs for different models.

Engravings

Genuine Panerai watches feature deeply carved laser-engraved logos and marks. Fake engravings are usually shallow and stamped with acid, making them fade over time.

Crown and Crown Protector

Panerai crowns have a precise design, including a unique crown protector screwed onto the case. Authentic protectors do not need to be detached when adjusting the watch. In contrast, fake Panerai protectors are often detachable and do not fit perfectly. Thus making it difficult for the crown to wind without removing the protector.

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