The Panerai PAM 382, the Luminor Submersible 1950 3 Days Automatic Bronzo, is more than just a watch; it's a statement. Its striking bronze case, robust build, and impressive in-house movement combine to create a timepiece that commands attention and respect. But the question on many collectors' minds is: what is the actual price of a PAM 382, and what factors contribute to its significant value? This article delves deep into the pricing of this iconic Panerai, exploring its history, features, market trends, and the nuances that influence its cost.
Understanding the PAM 382: A Deeper Dive
The Panerai Luminor Submersible 1950 3 Days Automatic Bronzo (PAM 382) is a highly sought-after piece within the Panerai collection. Its 47mm bronze case is a significant departure from the more commonly seen stainless steel, lending the watch a unique patina that develops over time, reflecting the wearer's individual journey. This "lived-in" aesthetic is a major draw for many collectors, contributing significantly to the watch's desirability and, subsequently, its price. The bronze itself is a high-quality alloy, chosen for its durability and resistance to corrosion, ensuring the watch can withstand the rigors of daily wear.
Beyond its striking exterior, the PAM 382 houses the in-house P.9000 calibre, an automatic mechanical movement known for its reliability and accuracy. This movement offers a power reserve of 72 hours (3 days), a feature that's both practical and a testament to Panerai's horological expertise. The movement is visible through the exhibition caseback, allowing enthusiasts to appreciate the intricate mechanics at work.
The watch's design elements are also crucial to its appeal. The iconic Luminor crown-protecting device, a hallmark of Panerai design, is present, offering robust protection to the crown. The legible dial, with its luminous markers, ensures readability even in low-light conditions, reflecting the watch's origins as a professional diving instrument. The overall design is a perfect blend of functionality and sophisticated aesthetics, a characteristic that defines the Panerai brand.
The Price Range: A Complex Equation
The price of a pre-owned Panerai PAM 382 varies significantly depending on several factors. While the initial retail price was substantial, the secondary market dictates the current value. A minimum value of $200,000 is mentioned in the provided information. However, this figure seems exceptionally high and likely refers to an outlier or a watch in exceptional condition with specific provenance. The actual price range for a PAM 382 in good condition typically falls considerably lower.
Several factors influence the price:
* Condition: The condition of the watch is paramount. A pristine, unworn example with its original box and papers will command a significantly higher price than a watch showing signs of wear. Scratches, dents, and imperfections all impact the value. The condition of the bronze case itself is particularly important, as the patina is a key feature, but uneven or excessive corrosion can negatively affect the price.
* Box and Papers: The presence of the original box and papers (certificate of authenticity) significantly increases the value. These documents provide provenance and verify the watch's authenticity, offering buyers peace of mind. A complete set significantly enhances the price.
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