t Posted November 6, 2006 Report Share Posted November 6, 2006 i saw this on ebay http://cgi.ebay.com/Panerai-PAM247-Ferrett...1QQcmdZViewItem why so expensive? Looks like PAM 111, but with steel backcase... i am waiting for the replica version anyone knows more about this watch??? Quote Link to comment Share on other sites More sharing options...
dadog13 Posted November 6, 2006 Report Share Posted November 6, 2006 it is expensive because it is a special (limited) edition of only 20 pieces... Quote Link to comment Share on other sites More sharing options...
tonton2000 Posted November 6, 2006 Report Share Posted November 6, 2006 why so expensive? Looks like PAM 111, but with steel backcase... Isn't this the whole Panerai development and sales strategy in a nut shell!? "Lets take one watch we already have, add a different dial/hands/lume colour/strap/box/nothing (only one option allowed, delete all the others) and call it a limited edition and sell it for 10x the amount" I'd wait for the rep version also, all it would take is a new caseback and a stamp on the strap, probably 5 minutes work! Quote Link to comment Share on other sites More sharing options...
Watchmeister Posted November 6, 2006 Report Share Posted November 6, 2006 Same concept as when Wempe in the States has special pieces made for them. Wempe has done it with 3-4 watch manufacturers. Brilliant marketing - ridiculous price. I am sure they were originally sold at the same price as other comparable PAM models. Quote Link to comment Share on other sites More sharing options...
dcrooz Posted November 6, 2006 Report Share Posted November 6, 2006 Isn't this the whole Panerai development and sales strategy in a nut shell!? "Lets take one watch we already have, add a different dial/hands/lume colour/strap/box/nothing (only one option allowed, delete all the others) and call it a limited edition and sell it for 10x the amount" I'd wait for the rep version also, all it would take is a new caseback and a stamp on the strap, probably 5 minutes work! Agreed! Personally I think it's a bit of a cheek, but they wouldn't be doing it if there weren't people queueing up for them... Quote Link to comment Share on other sites More sharing options...
t Posted November 6, 2006 Author Report Share Posted November 6, 2006 Isn't this the whole Panerai development and sales strategy in a nut shell!? "Lets take one watch we already have, add a different dial/hands/lume colour/strap/box/nothing (only one option allowed, delete all the others) and call it a limited edition and sell it for 10x the amount" I'd wait for the rep version also, all it would take is a new caseback and a stamp on the strap, probably 5 minutes work! if it is so... we need only the 247 caseback for replacement Quote Link to comment Share on other sites More sharing options...
pannylovernr1 Posted November 6, 2006 Report Share Posted November 6, 2006 For 15 grand they even toss in a macthing belt! Wonder if someone could do rep of that caseback only Casebacks seems to have a unfiform fit with the reps. I'm sure there's a market for individual casebacks, Any engravers out there? Quote Link to comment Share on other sites More sharing options...
Quarks Posted November 6, 2006 Report Share Posted November 6, 2006 With that money, I would go for AP ROO right away. Flipping that watch for that price ..... it does not even cost that much in the first place. Quote Link to comment Share on other sites More sharing options...
tvt Posted November 6, 2006 Report Share Posted November 6, 2006 Well this is what makes Panerai the marketing masters they have become. I think it is wearig this a bit though. It is one thing to create an all new watch as a limited edition, but when all they are doing is sticking a different case back on it people might start to get tired of it. I blame Rolex with the fake limited supply of SS Daytonas for starting all of this. 10 years ago they could not GIVE AWAY SS daytonas. Then they decided to just make fewer of them and make them hard to get, suddenly it is the hottest watch they sell and people pay ridiculous prices for them (much more than solid gold versions). Same thing. Quote Link to comment Share on other sites More sharing options...
V Posted November 6, 2006 Report Share Posted November 6, 2006 Look at the stitching on this photo of a Ferreti strap: Not even the strap-belt-case doesn't worth the extra money... Quote Link to comment Share on other sites More sharing options...
Chronus Posted November 7, 2006 Report Share Posted November 7, 2006 Is this when Panerai "jump the shark" ? Quote Link to comment Share on other sites More sharing options...
tvt Posted November 7, 2006 Report Share Posted November 7, 2006 The popularity of PAMS is on the wane for sure. I think one could argue they jumped the shark a while back when they started putting Sylvester Stalone's name on the back of some of them. I still love them though. Quote Link to comment Share on other sites More sharing options...
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