Panerai in crisis? man what r u saying? That Panerai is a reminder to the old technologies that Panerai was producing for Marina Militare (Italian Navy), back in the day they was producing a submersible torch to operate in the dark and it had the same green light. They added this technology to the watch. They don't start to produce this kind of watches because they don't have ideas, they start to produce this kind of watches because it's a reminder to the past and people like me that study Panerai's history, know that. What about the price? There's people out there that buy Richard Mille watches sometimes worth millions, i don't think that a 100k Euros Panerai watch is a problem for rich people out there. Of course I'm a Panerista, you need some historic knowledge of the brand to understand that timepiece and the lack of knowledge in this comment section is pretty high... people complaining about price tag are the ones who can't afford it.
Sure, Panerai has excellent history. But who is this watch for? How many Panerai enthusiasts are out there who have 100K to drop on this watch? Yeah, people are complaining because what are you getting with this watch? A 49mm case, at 21mm thick? People enjoy Richard Mille because of the exclusivity, the materials, and the R&D go into it. Richard Mille makes watches that you can barely feel on the wrist, and are as durable as a G-Shock. I just don’t see who is the target market for this watch. But if you got 100K and wanna buy this, go for it, my friend. But I feel like if you wait 5 years, you’ll get this watch at a steep discount lol
@@MattSeesGray this watch has been build for Panerai enthusiasts like me. You may not like it, but I love it. Complaining about 49mm is absolutely nonsense, we’re talking about Panerai! All Panerai are big. Luminor classic dimension is 47mm, 2mm more is nothing. Panerai have this kind of dimensions because they’re not watches, they’re technical instruments first of all. You are overthinking this watch.
The obsession with in-house movements, and the bragging rights that go with them, is the worst thing to happen to the industry since the quartz crisis.
I’ve had a aquis and the bracelet screws came off all the time. The crown screwed open from it self… never had so much issue with other brands for less money. Was I alone with that ?
The main problem is Oris releasing existing watches with an improved movement. I love the calibre 400, Oris as a brand and the technology Oris has created. But Oris is still a brand that loses value hard on the secondary market. Why would I pay 3700€ for a new calibre Aquis when I can get a watch that looks nearly identical with an ETA movement in as good as new condition on the used market for around 1100€? I often see calibre 400 watches sold at AD's or webshops with huge discounts, which I interpret as the profit margin on these pieces being really high. I am sure Oris has a strategy for where they want to position their brand and I don't have any data to back up my claim. But I think they would sell higher volumes of watches if they were more modestly priced. I've been longing for a 38mm diver65 ever since the cotton candy and hodinkee LE, but I will wait until I can pick one up on the used market. Offtopic: What size of the campus are you wearing in the video? :)
Panerai is going downwards. This new piece has no significance at all. If they could sell classic Luminor and Radiomir with good quality and decent prices, that would be great. I don’t really care about the Submersible and Luminor Due lines. They can do whatever they want with those products. What is awful is the fact that they have worsened their classic pieces and started to charge unreal prices. 1. No cosc certification. 2. Big wooden boxes have been replaced for small cardboard boxes. 3. They have worsened some of their calibers to reduce costs. 4. No decorated movements or sapphire caseback in the entry-level and mid-range models. 5. They dramatically increased prices. 6. They ignore their old customer base, so they can chase millionaire customers. They have lost many positions in the revenue ranking of luxury watches. Morgan Stanley said the watches market will face challenges in the near future. And Richemont keeps raising prices at each trimester. I don’t get their logics.
@@31hallite Each year, Morgan Stanley produces a report about the Swiss watch industry. For three consecutive years, Panerai has lost positions. Some companies have been doing really well, such as Cartier and Longines. Cartier is also a Richemont brand and has also raised prices. However, they have kept the same quality standard, what Panerai has not.
8800 and 8900 movements not the same, latter has two barrels. Paneristis didnt complain about reduced diameter but joke water resistance on luminors, being traditionally dive watches.
I don't mind Panerai making a crazy piece with new tech once in a while. The ceramic/titanium combo looks amazing. Wish they would make a scaled down version. Seems like the new submersibles will have this coating. What Panerai owners want is high quality, good value base models with more time spent on dials, textures, actual quality straps and 300m wr or more on all pieces.
@@ams914 the rubber straps are good, I am even wearing one right now. However their textile and leather straps are way worse than the third party strap options. You can't charge 8k usd and then deliver a leather strap that you can find a complete equivalent to on a 800usd watch. Especially when third party offerings for 100-200 usd are amazing by comparison. Don't even get me started on their textile straps...
I agree, however on the base models the only thing I would add is a sandwich dial. Straps are brilliant especially rubber which is more comfortable than the leather until it softens.
A simple no second hand, no date simple based Panerai Luminor is over 7K retail. Just too expense when comparing to brands like Rolex and Omega. Assuming you can get Rolex at retail. That's another story itself.
Panerai has lost the plot,quite some time ago. Nowadays they’re just scratching around,trying to “find themselves”…..whilst gaslighting their customers with bs
Panerai keep making watches that absolutely no one has asked for!!! Ridiculous sizes and with pretentious materials that are supposed to make the owner feel like they're saving the planet!!! It's bollocks
This Panerai is very cool. But outside of this unobtainable concept watch, they have lost the script to a baffling degree. Too bad. The brand has so much potential and insists on realizing none of it.
I think Panerai have to be one of the most ugly watch brands out there. They are not cheap either. Personally, I much prefer Omega watches over Panerai.
With 95K Panerai is crossing the holy trinity and even for guys who can buy it will be foolish to pay this amount for which you can easily buy holy trinity watches
I think watch enthusiasts overthink everything. Panerai.are not in a crisis and no one buying these watches give a shit what we think about a watch we cant afford.
That Panerai?? If I had that amount of spare cash I think I might forego the technology and go out and buy a non-ltd edition Porsche 911 instead. But I'm assuming anyone in the market for this watch already has at least one of those. 🤣
I really love the new Seiko release! Very classy and affordable. I will definitely check into perhaps picking up the blue dial edition. Thanks for highlighting this.
Man those Omega Aquaterra's with the deep black lacquered dial look so fuckin good , absolute perfection ! I've always loved the aqua terra design language but hated the horizontal pattern on the dial with passion , glad there's an all black option with no dial pattern as it's my favourite colour anyways .
I honestly did not think I was going to like your channel when I first checked it out a few months ago but your clear, informative presentation is awesome. Good videograpby, great sound, and perfect editing. I also love how you include the prices of the watches you discuss
Hi Oleg, how are you? It seems like you have changed your format completely and stop reviewing any reputable or non-reputable micro brands. Just hoping that you can do one or two a month. thanks
Panerai offering a self licking ice cream cone for 100K is the funniest thing I've seen all morning 😅
😂
And what about Richard Mille millions for a piece of plastic.
Panerai in crisis? man what r u saying? That Panerai is a reminder to the old technologies that Panerai was producing for Marina Militare (Italian Navy), back in the day they was producing a submersible torch to operate in the dark and it had the same green light. They added this technology to the watch. They don't start to produce this kind of watches because they don't have ideas, they start to produce this kind of watches because it's a reminder to the past and people like me that study Panerai's history, know that. What about the price? There's people out there that buy Richard Mille watches sometimes worth millions, i don't think that a 100k Euros Panerai watch is a problem for rich people out there. Of course I'm a Panerista, you need some historic knowledge of the brand to understand that timepiece and the lack of knowledge in this comment section is pretty high... people complaining about price tag are the ones who can't afford it.
Well said, I love Panerai
@@31hallite thank you Dave Turner, I appreciate it. I was born in Florence as Panerai… Matthew.
Sure, Panerai has excellent history. But who is this watch for? How many Panerai enthusiasts are out there who have 100K to drop on this watch? Yeah, people are complaining because what are you getting with this watch? A 49mm case, at 21mm thick? People enjoy Richard Mille because of the exclusivity, the materials, and the R&D go into it. Richard Mille makes watches that you can barely feel on the wrist, and are as durable as a G-Shock. I just don’t see who is the target market for this watch. But if you got 100K and wanna buy this, go for it, my friend. But I feel like if you wait 5 years, you’ll get this watch at a steep discount lol
@@MattSeesGray this watch has been build for Panerai enthusiasts like me. You may not like it, but I love it. Complaining about 49mm is absolutely nonsense, we’re talking about Panerai! All Panerai are big. Luminor classic dimension is 47mm, 2mm more is nothing. Panerai have this kind of dimensions because they’re not watches, they’re technical instruments first of all. You are overthinking this watch.
Well said I too love panerai.
I heard that Oris cal.400 watches aren’t selling at all. Too expensive apparently.
I think you are right. I have a standard Aquis and can't justify the higher cost for the extra power reserve. And I do really like my Aquis.
The obsession with in-house movements, and the bragging rights that go with them, is the worst thing to happen to the industry since the quartz crisis.
And a lot of issues so why pay more for problems
I’ve had a aquis and the bracelet screws came off all the time. The crown screwed open from it self… never had so much issue with other brands for less money. Was I alone with that ?
The main problem is Oris releasing existing watches with an improved movement. I love the calibre 400, Oris as a brand and the technology Oris has created. But Oris is still a brand that loses value hard on the secondary market. Why would I pay 3700€ for a new calibre Aquis when I can get a watch that looks nearly identical with an ETA movement in as good as new condition on the used market for around 1100€? I often see calibre 400 watches sold at AD's or webshops with huge discounts, which I interpret as the profit margin on these pieces being really high. I am sure Oris has a strategy for where they want to position their brand and I don't have any data to back up my claim. But I think they would sell higher volumes of watches if they were more modestly priced. I've been longing for a 38mm diver65 ever since the cotton candy and hodinkee LE, but I will wait until I can pick one up on the used market.
Offtopic: What size of the campus are you wearing in the video? :)
Panerai is targeting 200 super rich folks. Thats about it
You think there are 200 super rich folks who will part with 100K for that?? (I'm very much a seller on that particular spread market!!)
200 fools
Panerai is going downwards. This new piece has no significance at all.
If they could sell classic Luminor and Radiomir with good quality and decent prices, that would be great. I don’t really care about the Submersible and Luminor Due lines. They can do whatever they want with those products.
What is awful is the fact that they have worsened their classic pieces and started to charge unreal prices.
1. No cosc certification.
2. Big wooden boxes have been replaced for small cardboard boxes.
3. They have worsened some of their calibers to reduce costs.
4. No decorated movements or sapphire caseback in the entry-level and mid-range models.
5. They dramatically increased prices.
6. They ignore their old customer base, so they can chase millionaire customers.
They have lost many positions in the revenue ranking of luxury watches.
Morgan Stanley said the watches market will face challenges in the near future. And Richemont keeps raising prices at each trimester. I don’t get their logics.
Well said! I might do a video in the future talking about the watch brands who lost their way. Your comment is very helpful!
Odd with the amount of boutiques opening up around the world. A company in crisis think not.
@@31hallite Each year, Morgan Stanley produces a report about the Swiss watch industry. For three consecutive years, Panerai has lost positions. Some companies have been doing really well, such as Cartier and Longines. Cartier is also a Richemont brand and has also raised prices. However, they have kept the same quality standard, what Panerai has not.
Oris must be out of their mind. $4200 just because it has 5 days power reserve. I would rather go with a Tudor instead. Much better finishing.
Lol Panerai is out of their minds 😅
I think that's what gives them character. Wouldn't be panerai without these questionable things they do lol
The riches are also out of their minds.
Not out of their minds, they're simply makimg watches for the rich.. who buys a 3k watch? Only idiots and rich people.
Panerai aren't frightened about trying things, not like your run of the mill Rolex .
8800 and 8900 movements not the same, latter has two barrels.
Paneristis didnt complain about reduced diameter but joke water resistance on luminors, being traditionally dive watches.
If i recall correctly, 8900 caliber is also a jump hour so it gives up the quickset date function
'96,300 dollars. Let me repeat that again....'
No, don't worry Oleg. We heard it the first time. (It's the 300 that really cracks me up... 😉)
I know! At just $96,000 it would have been too cheap 😂
I don't mind Panerai making a crazy piece with new tech once in a while. The ceramic/titanium combo looks amazing. Wish they would make a scaled down version. Seems like the new submersibles will have this coating. What Panerai owners want is high quality, good value base models with more time spent on dials, textures, actual quality straps and 300m wr or more on all pieces.
Agree, but Panerai's rubber straps are amazing, IMO.
@@ams914 the rubber straps are good, I am even wearing one right now. However their textile and leather straps are way worse than the third party strap options. You can't charge 8k usd and then deliver a leather strap that you can find a complete equivalent to on a 800usd watch. Especially when third party offerings for 100-200 usd are amazing by comparison. Don't even get me started on their textile straps...
I agree, however on the base models the only thing I would add is a sandwich dial. Straps are brilliant especially rubber which is more comfortable than the leather until it softens.
Panerai are crazy 😂
Never really liked the design of Seiko watches, but that white dial & burgundy bezel style 60 presage looks sweet...
I am 5’6”. The Panerai would make a good ankle bracelet🫠.
96300 reasons why it sucks unless your a sucker!
Omega doing it right. Multiple sizes no just like you say “smaller 38mm”
Omega is a Swatch
@@31hallite Its part of the Swatch group and....
I think Panerai is suffering from "Bugger your clients" syndrome
Panerai's motto, "There's one born every minute."
" It's just numbers on a check." - local Saudi prince
A simple no second hand, no date simple based Panerai Luminor is over 7K retail. Just too expense when comparing to brands like Rolex and Omega. Assuming you can get Rolex at retail. That's another story itself.
Panerai has lost the plot,quite some time ago.
Nowadays they’re just scratching around,trying to “find themselves”…..whilst gaslighting their customers with bs
Panerai keep making watches that absolutely no one has asked for!!! Ridiculous sizes and with pretentious materials that are supposed to make the owner feel like they're saving the planet!!! It's bollocks
This Panerai is very cool. But outside of this unobtainable concept watch, they have lost the script to a baffling degree. Too bad. The brand has so much potential and insists on realizing none of it.
I think Panerai have to be one of the most ugly watch brands out there. They are not cheap either. Personally, I much prefer Omega watches over Panerai.
You like Swatch then
@@31hallite behave yourself !
Panerai and Bylgary really need to reduce their sizes and comeback to reality
Panny is smoking crack for selling a Timex Indiglo for $96k.
Sincerely,
Paneristi
With 95K Panerai is crossing the holy trinity and even for guys who can buy it will be foolish to pay this amount for which you can easily buy holy trinity watches
Watch depreciation is hitting hard recently
Panerai can stop making it after the first 50, they won’t find 200 people to pay 100k
I think watch enthusiasts overthink everything. Panerai.are not in a crisis and no one buying these watches give a shit what we think about a watch we cant afford.
That Swedish watch is already out i. Those colours,im sure ive seen that with the yellow second hand .
That Panerai?? If I had that amount of spare cash I think I might forego the technology and go out and buy a non-ltd edition Porsche 911 instead. But I'm assuming anyone in the market for this watch already has at least one of those. 🤣
I know! You could have a standard Panerai AND a 911 for pretty much the same price 😂
@@24hourstime 🤣
Very much appreciate your videos. Straightforward updates.
Thx
Thank you:)
Expensive watches made to look cheap.
Nice job sir. Wishing you great success.
Prices of watches are insane. Panerai is just laughing at their 'clients'. Veblen Goods indeed.
I like these styoe videos. Clear. Transparent. No loud music or annoying introductions. This style video is CLASSY! Thank you so much sir!
I really love the new Seiko release! Very classy and affordable. I will definitely check into perhaps picking up the blue dial edition. Thanks for highlighting this.
thanks!
I really hate that Omega doesn't provide the cool color variations for the 38mm. Less variety.
Omega finally added micro adjustment to their butterfly clasp with this release!
I Like the new panerai but is too expensive.💯👍
The blue/yellow Omega is a bit too IKEA…
hahahaha
“Panerai in house movement”😂😂😂😂😂😂😂😂😂
That black omega would be the perfect watch without that display case back.
Nice review. I wish seiko would step up their game, but still matters at the price
Pan…….$80K………pathetic
Man those Omega Aquaterra's with the deep black lacquered dial look so fuckin good , absolute perfection ! I've always loved the aqua terra design language but hated the horizontal pattern on the dial with passion , glad there's an all black option with no dial pattern as it's my favourite colour anyways .
I agree! I prefer a solid dial over those horizontal lines as well.
I honestly did not think I was going to like your channel when I first checked it out a few months ago but your clear, informative presentation is awesome. Good videograpby, great sound, and perfect editing. I also love how you include the prices of the watches you discuss
Thank you!
22mm thickness is craazzzyyyyy , wtff haha
Thank you. Great vid.
Thanks!
Interesting update, thank you.
96,300!!!!
Only the Diesel Big Daddy could compete with this new Panerai.
LOL
why all omega watches comes with dates? i hate date in watches
Wtf indeed at the Panerai 😂 wild
Hi Oleg, how are you? It seems like you have changed your format completely and stop reviewing any reputable or non-reputable micro brands. Just hoping that you can do one or two a month. thanks
Hey Alex, yes I am still planing to do 1 or 2 regular reviews per month. I enjoy making those videos but they are a lot more time consuming.
Thank you. Great vid.
PANERAI: OUTCH!!!
Pan is a joke😂😂😂
What da best watch for up in da club?
Good catch! I forgot to mention it in the video:)
Why tattoo only one arm? It's like wearing a shirt with one sleeve...
Where is the dog 🐕 ??
He was out for a walk
Panerai at 38mm would change everything for them... BUT NO lets keep the 40s and 42s and wonder why we sell none... what morons...
They make the luminor in 38mm
I don’t miss a day a week #mamacoo This show...
Great job O! I enjoy what you do!