Panerai's Depreciation Reputation Is Half True. Here Is How to Buy One the Right Way.
Panerai has a reputation for hard depreciation, and like most reputations it is half true. The data says the brand is roughly flat right now, not collapsing. What is true is that Panerai becomes a much stronger value once someone else has owned it first. A working dealer's read on why you buy Panerai pre-owned, why the Luminor Marina is the value entry, why reference selection is everything, and what the 2026 heritage releases signal.