ahchard Posted January 28, 2012 Report Share Posted January 28, 2012 I have come across a second hand Pam 187 for sale at USD9,000/-, which after some searching on the internet seems to be a good buy. I have seen them go from $11,000 to $12,000 second hand. Should I buy it purely for investment? The reason is because it is 47mm and would be too big for my wrist... so I was thinking to buy and keep it for a while before selling it again for a profit to fund other purchases. I am not very familiar with trading watches or the value of different watches so would appreciate any insight or advice from fellow forum members. Link to comment Share on other sites More sharing options...
burnz Posted January 28, 2012 Report Share Posted January 28, 2012 (edited) First and foremost, buy a watch that you like and that you would see yourself wearing. I have a gen 187 which I bought for a bargain, but I got it mainly because I loved the watch and it helped that the price was too good to say no to. Over the years, I've made some money off some watches, and lost a good amount on others. It's part and parcel of indulging in this hobby. Watches are hardly a sound investment, or even an investment to begin with. At the end of it all, it usually works out to be a zero sum game. You win some, you lose some. But if you like and love the watch, it more than makes up for any monetary loss I love my 187, as beaten as worn as it may be: Edited January 28, 2012 by burnz Link to comment Share on other sites More sharing options...
maulermacall@hotmail.com Posted January 28, 2012 Report Share Posted January 28, 2012 Never buy a watch for an investment especially one your not going to wear, its a big gamble for what could be a small return. I've owned a few expensive gen watches and have always found the process of selling expensive items quite stressful. Then again that's just me. Looking at the pic above though has made me realise how sexy the 187 is and I might consider getting the rep after the CNY. Link to comment Share on other sites More sharing options...
Watchmeister Posted January 28, 2012 Report Share Posted January 28, 2012 $9k is an excellent price. They are fairly available at around $10-10.5k. I would not buy it as an investment though. I don't see the price rising. It is a great piece. I have wavered back and forth many times whether to buy one but always concluded that it was just a little too much for my wrist. Link to comment Share on other sites More sharing options...
ahchard Posted January 29, 2012 Author Report Share Posted January 29, 2012 Thanks for the tips... guess its a NO then... as its too big for my puny wrists... Link to comment Share on other sites More sharing options...
StormTooper4 Posted January 29, 2012 Report Share Posted January 29, 2012 its a hulk of a watch and isn't the rep a pretty good one, buy a gen where there is no good rep, just a thought Link to comment Share on other sites More sharing options...
madmaxx Posted January 29, 2012 Report Share Posted January 29, 2012 its a hulk of a watch and isn't the rep a pretty good one, buy a gen where there is no good rep, just a thought +1 Good advice. Link to comment Share on other sites More sharing options...
maxman Posted January 29, 2012 Report Share Posted January 29, 2012 I personally would never purchase a watch that I did not plan on wearing...you will be lucky to break even. If you planed on wearing the watch and really loved It...then why not. But to purchase something to put In your watchbox...just to sell It later for about what you paid for it....If you're lucky. Not me anyway. I love the 187...may be my favorite pam. but the rep is good enough for me...and I get to save around $8.500 or so. Mike Link to comment Share on other sites More sharing options...
mikellem Posted January 29, 2012 Report Share Posted January 29, 2012 I agree with the consensus above. In the world economic conditions, watches are a huge risk. There is no guarantee you will make a $1 on this watch... Panerai's have come down in price due to economic conditions. in years past, I always make money selling my Gen used Rolex's. I wouldn't even risk that right now. For a watch you really don't like.. This is a high risk deal, and the odds are not in your favor... Good luck, MM Link to comment Share on other sites More sharing options...
HartDoc Posted January 29, 2012 Report Share Posted January 29, 2012 I would not buy any watches as an investiment. I used to buy gen watches at great prices and because they were cool. Now I only buy watches that will be in my rotation. If a watches cant fit into my rotation out they go. Link to comment Share on other sites More sharing options...
pabler Posted January 29, 2012 Report Share Posted January 29, 2012 I recommend you buy it...... And then sell it to me with a discount! Link to comment Share on other sites More sharing options...
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