The Panerai PAM 1104, a reference often sought after by collectors, represents a compelling entry point into the world of vintage Panerai watches. While not as widely discussed as some of its more celebrated predecessors like the PAM 111, the PAM 1104 holds a significant place in the brand's history and continues to attract enthusiasts with its classic design and robust build. This article delves into the specifics of the PAM 1104, comparing it to similar models, examining its market value, and exploring what makes it a desirable timepiece.
The initial listing provided – PAM 1104 01104 Papiere €4,457 + €1,064 for shipping (DE) – offers a glimpse into the price range of this particular model. This translates to approximately $5,850 USD including shipping, a price point that reflects the watch's desirability and condition. The listing explicitly states that it's a "full set" from 2018, which significantly impacts its value. The inclusion of all original papers and box adds considerable prestige and authenticity, commanding a higher price than a watch sold without these accessories. The second listing, a Panerai Luminor Marina Automatic from Italy (IT) for €5,850 excluding shipping, further underscores the price variability depending on condition, included accessories, and seller location.
This price range should be placed within the broader context of the Panerai market. Comparing the PAM 1104 to other models, such as the frequently discussed Panerai PAM 00111 and PAM 00911, reveals interesting similarities and differences. While the PAM 111, often considered an iconic Luminor Marina model, commands a premium due to its historical significance and collector demand, the PAM 1104 occupies a slightly more accessible price bracket. The PAM 00911, another Luminor Marina model, will also have varying prices depending on condition and year of manufacture. Understanding these price dynamics is crucial for any prospective buyer. Researching comparable sales on reputable online platforms and consulting with experienced watch dealers is highly recommended.
Comparing the PAM 1104 to the PAM 111:
The Panerai PAM 111, often referred to as the "holy grail" for some collectors, shares a similar design language with the PAM 1104. Both are Luminor Marina models, showcasing the distinctive cushion-shaped case, wire loop lugs, and the iconic Panerai crown-protecting device. However, subtle differences exist. The PAM 111 often features a slightly smaller case size and might have variations in the dial and movement. The PAM 111's higher price tag is largely attributed to its earlier production year and its established place in Panerai's history. It's a watch that often commands a premium, especially in excellent condition with complete documentation. The PAM 1104, produced later, often represents a more accessible entry into the world of vintage Panerai, offering a similar aesthetic at a potentially lower price point.
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