Sell or Pawn Your Panerai Watch
You’ll struggle to find another watch brand with a history and legacy as rich as Panerai. For over 150 years, Panerai has been creating timepieces that combine Italian design with Swiss manufacturing for watches that are both functional and effortlessly stylish. This marriage of function and appearance is highly influenced by Panerai’s nautical heritage, with the Panerai brand often citing the sea as a source of inspiration for their watch design. At Pawnbrokers of Rodeo Drive, we offer loans on Panerai watches at our Beverly Hills store. We understand parting with your watch may not be an easy decision and if you are wondering “should I sell or pawn my Panerai watch?” we hope to provide some clarity of the pawning process.
The rich history of Panerai watches
Giovanni Panerai, founder of the Panerai brand, opened his first watchmaking shop in 1860 in Florence. The shop was highly innovative as it operated as both a shop, a workshop, and as a watchmaking school. Panerai continued to innovate and patented Radiomir, a radium enhanced powder that illuminates the dials or numbering on a watch for the Royal Italian Navy. In 1936 Panerai released a prototype watch also named ‘Radiomir’, to be worn by the frogman commandos of the Royal Italian Navy First Submarine Group Command. The watch featured a water-resistant strap that was suitable for wearing over a diving suit.
Panerai continued to design watches for the Italian Royal Navy, along with other equipment such as compasses. It was not until 1997, after Panerai was purchased by the Richemont Group, that the brand began to release luxury watches. The watches were an international hit and Panerai has continued to grow as a brand, while still often paying homage to its nautical background through the design and functionality of their watches. If you choose to pawn or sell your Panerai watch in Beverly Hills, you will first need to have it evaluated. By booking an evaluation appointment with Pawnbrokers of Rodeo Drive you are guaranteeing that your watch will be seen by a professional who has the relevant expertise and experience required to determine just how much your watch is actually worth. While the physical condition of your watch will play a major role in establishing its value, other factors – which only a luxury watch expert may be aware of – are also considered. Panerai watches that were designed for the military and created before 1997 are in high demand for many luxury watch collectors and often seen as more valuable than contemporary Panerai watches. For example, one of the most expensive Panerai watches to ever be sold at auction was the 1955 Luminor Panerai watch. The watch was constructed from stainless steel and sold for an impressive $425,000 in 2014. Similarly, a Panerai ‘Kampfschwimmer’ watch, thought to have been made between 1941 and 1943, sold at auction for $70,000 and was believed to have been worn by a frogman in the German or Italian navy.How much will I receive for my Panerai watch?
Loans on Panerai watch collections or individual watches
At Pawnbrokers of Rodeo Drive, we can help you secure finance against your Panerai watch. Releasing capital against your Panerai watch can allow you to fund another investment and then repurchase your watch when the time is right. Alternatively, you can sell your Panerai watch to Pawnbrokers of Rodeo Drive after discussing your options with one of our expert team. As previously discussed, loans on Panerai watch collections or individual watches will vary based on the value of the watch, so ensure you book an appointment with one of our luxury watch specialists.
For more information do not hesitate to contact our team, if you feel the answer to the question “should I pawn or sell my Panerai watch?” is yes, then book an appointment today.
If you are looking to sell your watch, then we will buy your watch from you today! For general information on pawning or selling your fine watch please visit our webpage. For more specific information on each of over 43 brands of fine watches we buy or loan against please visit the pages of the individual brands: Harry Winston, Hublot, IWC, Jaeger Le Coultre, Omega, Piaget, Roger Dubuis, Nardin, A Lange & Sohne, Preziuso, Audemars Piguet, Bamford, Blancpain, Breguet, Breitling, Bvlgari, Cartier, Franck Muller, Panerai, Patek Philippe, Richard Mille, Rolex, or Vacheron Constantin to name just a few.
Contact our team just for expert advice on your next step. Please call 424-335-0650 or email us at marc@pawnbrokersrodeodrive.com , we would love to be of service.
We offer loans on diamonds, jewelry, luxury cars, Fine watches as Rolex or Patek Philippe , antiques, fine art, estate jewelry or fine wines collections.
