Undervalued in terms of (pre owned) market price? I’d say the 000/005 and 176/177 as they’re still a proper Panerai through and through (with 300m wr,screw caseback and screwbar) but now can be had for good price (176/177 can go for lower price than 111/112)
176-177 are the only titanium 44mm plain bezel luminor with black dial (the others have tobacco dial)
For something complicated I’d go for 233 as they’re packed with features and long PR movt
For something high tech,probably I’d pick the model with composite or ceramic case
The zero for me.
Often overlooked but as Syn says it is the real deal when it comes to the DNA of the brand.
" I am easily impressed by the best" - Winston Churchill.
"One cannot but admire the cold-bravery and enterprise of these Italians"
Admiral Cunningham, referring to the frogmen of the M.A.S in WW2.
323 seems to have really good value. No idea why that is - It's a beast of a watch. Not sure I have ever seen a 10 day counter go for so low...
I love all 47mm Vintage Style PAMs...
the thing about PAMs is... they don't sit high though it's wide, makes it comfortable to wear.
Compare that w the Rolex Deepsea, it's v off-balanced for their first version with the older movement.
I think they are all over valued. haha.
Anything basic and quintessential panerai with in-house. No gimmicks, just true to brand.
IMO, the best looking panerai is the simplest of them all - the PAM00, but the next best would be PAM 112
It is one core reason why Panerai lost it's brand equity by taking the easy way out, merely using ETA with PAM stamping...
Vintage PAM were at 47mm only... so the 44mm PAMs are at most fantasy dials at a fantasy sizing, nothing wrong in that.
But I don't see how it's undervalued with no historic accuracy.
I think the bracelet models like 722
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