ChronoCheck / Market Value / Panerai

Panerai

Name: Panerai Price Trend — Market Data 2026
Creator: ChronoCheck
License: https://creativecommons.org/licenses/by-nc/4.0/
Keywords: Panerai price trend, Panerai value development, Panerai chart, Panerai market value, luxury watch value development, watch market 2026

Panerai market data currently spans 594 references — from entry-level models to collector's pieces. The strongest model line is the Luminor with 25 variants — spread across 101 more families. The price range is remarkable: from the $1,464 entry model up to the $189,412 complication — a factor of 129×.

Median

$7,900

Range

$1,464 – $189,412

Model families

102

Multi-source refs

Top values

Panerai

Ref. 38701

$189,412

Panerai

Ref. 28639

$159,729

Panerai

Radiomir

Ref. 6152-1

$149,906

Luminor → Price trend & chart

25 variants in our database. Median $9,910 (range $4,715–$19,818).

Submersible → Price trend & chart

15 variants in our database. Median $14,124 (range $6,998–$31,413).

Luminor Marina → Price trend & chart

14 variants in our database. Range from $4,724 to $25,557 — the mean sits at $8,603.

Luminor 1950 → Price trend & chart

12 variants in our database. Median $8,940 (range $5,510–$14,139).

Luminor Submersible → Price trend & chart

10 variants in our database. Median $10,103 (range $6,882–$17,910).

Radiomir → Price trend & chart

6 variants. Range from $3,674 to $149,906 — the mean sits at $15,980.

Luminor Due → Price trend & chart

6 variants. Median $6,952 (range $5,774–$7,873).

Luminor Due Luna → Price trend & chart

4 variants. Median $10,649 (range $9,681–$20,977).

Luminor Marina 44 → Price trend & chart

4 variants. Median $8,281 (range $8,081–$9,353).

Luminor Marina / Luminor Base → Price trend & chart

4 variants. Median $6,066 (range $2,566–$8,106).

Panerai

Luminor Marina / Luminor Base

Ref. PAM01314

$8,106

Panerai

Luminor Marina / Luminor Base

Luminor Marina / Luminor Base

Ref. PAM00005

$4,829

Panerai

Luminor Marina / Luminor Base

Ref. PAM00000

$2,566

Radiomir Black Seal → Price trend & chart

4 variants. Median $5,190 (range $4,345–$6,108).

Luminor Chrono → Price trend & chart

3 variants. Median $9,460 (range $9,129–$16,754).

Luminor Marina Quaranta 40mm → Price trend & chart

3 variants. Median $7,024 (range $6,176–$8,889).

Panerai

Luminor Marina Quaranta 40mm

Luminor Marina Quaranta 40mm

Ref. PAM01272

$7,024

Panerai

Luminor Marina Quaranta 40mm

Ref. PAM01270

$6,176

Radiomir Officine → Price trend & chart

3 variants. Median $4,743 (range $4,654–$5,307).

Submersible Marina Militare

2 variants. Median $18,374 (range $11,081–$18,374).

Panerai

Submersible Marina Militare

Ref. PAM02979

$18,374

Panerai

Submersible Marina Militare

Ref. PAM00979

$11,081

Mare Nostrum

2 variants. Median $15,980 (range $9,854–$15,980).

Luminor GMT Automatic

2 variants. Median $13,254 (range $4,607–$13,254).

Panerai

Luminor GMT Automatic

Ref. PAM01616

$13,254

Panerai

Luminor GMT Automatic

Ref. PAM00088

$4,607

Radiomir 10 Days GMT

2 variants. Median $12,443 (range $7,110–$12,443).

Luminor 1950 3 Days GMT Automatic

2 variants. Median $10,590 (range $6,760–$10,590).

Panerai

Luminor 1950 3 Days GMT Automatic

Luminor 1950 3 Days GMT Automatic

Ref. PAM00441

$6,760

Luminor GMT

2 variants. Median $8,152 (range $7,278–$8,152).

Radiomir California

2 variants. Median $8,062 (range $6,605–$8,062).

Luminor Due Luna Rossa

2 variants. Median $7,690 (range $6,697–$7,690).

Panerai

Luminor Due Luna Rossa

Ref. PAM01381

$7,690

Panerai

Luminor Due Luna Rossa

Ref. PAM01378

$6,697

Luminor Marina 40

2 variants. Median $7,645 (range $7,582–$7,645).

Luminor 8 Giorni

2 variants. Median $7,628 (range $6,512–$7,628).

Luminor Submersible 1950 3 Days Automatic

2 variants. Median $7,057 (range $6,676–$7,057).

Panerai

Luminor Submersible 1950 3 Days Automatic

Ref. PAM00389

$7,057

Panerai

Luminor Submersible 1950 3 Days Automatic

Ref. PAM01305

$6,676

Radiomir Manual

2 variants. Median $6,928 (range $5,424–$6,928).

Luminor Due 38mm Mens Watch

2 variants. Median $6,877 (range $6,575–$6,877).

Panerai

Luminor Due 38mm Mens Watch

Ref. PAM01247

$6,877

Panerai

Luminor Due 38mm Mens Watch

Ref. PAM01248

$6,575

Radiomir Tre Giorni

2 variants. Median $6,861 (range $6,821–$6,861).

Radiomir Quaranta 40mm Mens Watch

2 variants. Median $6,697 (range $6,217–$6,697).

Panerai

Radiomir Quaranta 40mm Mens Watch

Radiomir Quaranta 40mm Mens Watch

Ref. PAM01293

$6,217

Radiomir Quaranta

2 variants. Median $6,369 (range $5,543–$6,369).

Luminor Base Logo

2 variants. Median $5,255 (range $4,839–$5,255).

Luminor Marina Automatic

2 variants. Median $4,724 (range $4,082–$4,724).

Panerai

Luminor Marina Automatic

Luminor Marina Automatic

Ref. PAM00104

$4,082

Radiomir Tourbillon GMT

Current market value: $46,217.

Panerai

Radiomir Tourbillon GMT

Ref. PAM00350

$46,217

Radiomir Chrono

Current market value: $42,662.

Luminor 1950 Tourbillon

Current market value: $28,441.

Panerai

Luminor 1950 Tourbillon

Ref. PAM00306

$28,441

Submersible QuarantaQuattro Goldtech™ OroCarbo 44m

Current market value: $27,598.

Panerai

Submersible QuarantaQuattro Goldtech™ OroCarbo 44m

Ref. PAM02070

$27,598

Radiomir 1940

Current market value: $23,624.

Luminor Quaranta BiTempo Goldtech™

Current market value: $23,557.

Panerai

Luminor Quaranta BiTempo Goldtech™

Ref. PAM01641

$23,557

Luminor Perpetual

Current market value: $23,109.

Marina

Current market value: $21,983.

Submersible S Brabus e Titanio

Current market value: $20,573.

Panerai

Submersible S Brabus e Titanio

Ref. PAM01403

$20,573

Radiomir Titanium

Current market value: $19,400.

Luminor Due Goldtech™ 42mm

Current market value: $18,970.

Panerai

Luminor Due Goldtech™ 42mm

Ref. PAM01336

$18,970

Radiomir Quaranta Goldtech™

Current market value: $17,898.

Panerai

Radiomir Quaranta Goldtech™

Ref. PAM01026

$17,898

Submersible QuarantaQuattro Luna Rossa Ti-Ceramite

Current market value: $16,459.

Panerai

Submersible QuarantaQuattro Luna Rossa Ti-Ceramite

Ref. PAM01466

$16,459

Radiomir Oro Rosso

Current market value: $15,110.

Luminor Chrono Carbotech Navy Seals 44mm Carbon

Current market value: $13,778.

Panerai

Luminor Chrono Carbotech Navy Seals 44mm Carbon

Ref. PAM01419

$13,778

LUMINOR DAYLIGHT SLYTECH

Current market value: $13,347.

Panerai

LUMINOR DAYLIGHT SLYTECH

Ref. 5218-207/A

$13,347

Submersible BMG-TECH™ 47mm

Current market value: $13,279.

Panerai

Submersible BMG-TECH™ 47mm

Ref. PAM02692

$13,279

2 sources

Luminor Yachts Challenge

Current market value: $12,780.

Panerai

Luminor Yachts Challenge

Ref. PAM00788

$12,780

3 sources

Submersible Bronzo

Current market value: $11,554.

Luminor BiTempo

Current market value: $10,918.

Luminor Luna Rossa

Current market value: $10,869.

Submersible Blue Notte

Current market value: $10,789.

Panerai

Submersible Blue Notte

Ref. PAM02068

$10,789

2 sources

Submersible QuarantaQuattro

Current market value: $10,593.

Panerai

Submersible QuarantaQuattro

Ref. PAM01518

$10,593

Luminor Chronograph

Current market value: $10,212.

Submersible QuarantaQuattro 44mm Mens Watch - Inte

Current market value: $10,183.

Panerai

Submersible QuarantaQuattro 44mm Mens Watch - Inte

Ref. PAM01596

$10,183

Luminor Bitempo 44mm

Current market value: $9,856.

Luminor Marina Titanio 44

Current market value: $9,458.

Panerai

Luminor Marina Titanio 44

Ref. PAM03325

$9,458

Submersible 42mm Mens Watch - Interchangeable Stra

Current market value: $9,194.

Panerai

Submersible 42mm Mens Watch - Interchangeable Stra

Ref. PAM01590

$9,194

Luminor Due Luna 38mm Ladies Watch

Current market value: $9,125.

Panerai

Luminor Due Luna 38mm Ladies Watch

Ref. PAM01557

$9,125

Luminor Destro 44mm Mens Watch Blue - Interchangea

Current market value: $9,098.

Panerai

Luminor Destro 44mm Mens Watch Blue - Interchangea

Ref. PAM01732

$9,098

Luminor Quaranta BiTempo Luna Rossa

Current market value: $9,047.

Panerai

Luminor Quaranta BiTempo Luna Rossa

Ref. PAM01404

$9,047

Submersible 42mm

Current market value: $9,040.

Submersible 42mm Mens Watch

Current market value: $9,030.

Panerai

Submersible 42mm Mens Watch

Ref. PAM01591

$9,030

Submersible 44mm Mens Watch

Current market value: $9,007.

Panerai

Submersible 44mm Mens Watch

Ref. PAM01595

$9,007

Luminor Quaranta BiTempo

Current market value: $9,007.

Panerai

Luminor Quaranta BiTempo

Ref. PAM01640

$9,007

Luminor 44mm Mens Watch Brown - Interchangeable St

Current market value: $8,923.

Panerai

Luminor 44mm Mens Watch Brown - Interchangeable St

Ref. PAM01731

$8,923

Radiomir 1936

Current market value: $8,818.

Luminor 1950 3 Days GMT Power Reserve Automatic

Current market value: $8,748.

Panerai

Luminor 1950 3 Days GMT Power Reserve Automatic

Ref. PAM01321

$8,748

Luminor 1950 GMT

Current market value: $8,636.

Ferrari

Current market value: $8,573.

Radiomir 3 Days Acciaio

Current market value: $8,445.

Panerai

Radiomir 3 Days Acciaio

Ref. PAM00687

$8,445

Radiomir Otto Giorni

Current market value: $8,281.

Luminor Marina Militare PAM217

Current market value: $7,971.

Panerai

Luminor Marina Militare PAM217

Ref. PAM217

$7,971

Luminor Marina 'Harrods'

Current market value: $7,913.

Panerai

Luminor Marina 'Harrods'

Ref. PAM00745

$7,913

Luminor 1950 8 Days GMT

Current market value: $7,873.

Panerai

Luminor 1950 8 Days GMT

Ref. PAM00233

$7,873

Luminor Submersible 1000m Depth Gauge

Current market value: $7,471.

Panerai

Luminor Submersible 1000m Depth Gauge

Ref. PAM00194

$7,471

Luminor Due 38mm Ladies Watch

Current market value: $6,930.

Panerai

Luminor Due 38mm Ladies Watch

Ref. PAM01550

$6,930

Luminor 1950 3 Days Power Reserve

Current market value: $6,846.

Panerai

Luminor 1950 3 Days Power Reserve

Ref. PAM00423

$6,846

2 sources

Luminor Due 42mm Mens Watch

Current market value: $6,532.

Panerai

Luminor Due 42mm Mens Watch

Ref. PAM01671

$6,532

Radiomir GMT

Current market value: $6,474.

Submersible aMagnetic Titanio 47mm

Current market value: $6,397.

Panerai

Submersible aMagnetic Titanio 47mm

Ref. PAM01223

$6,397

Luminor Due 38mm

Current market value: $6,339.

Radiomir 8 Days

Current market value: $6,271.

Luminor 1950 3 Days Chrono Flyback

Current market value: $6,216.

Panerai

Luminor 1950 3 Days Chrono Flyback

Ref. PAM00524

$6,216

Luminor Luna Rossa 44

Current market value: $6,178.

Panerai

Luminor Luna Rossa 44

Ref. PAM01653

$6,178

Luminor Marina Saudi

Current market value: $6,173.

Radiomir Quaranta Automatic 40mm Mens Watch

Current market value: $6,007.

Panerai

Radiomir Quaranta Automatic 40mm Mens Watch

Ref. PAM01572

$6,007

Luminor Marina 1950 3 Days Automatic

Current market value: $5,774.

Panerai

Luminor Marina 1950 3 Days Automatic

Ref. PAM01392

$5,774

Radiomir 3 Days 47mm

Current market value: $5,678.

Luminor Logo 44

Current market value: $5,657.

Luminor Mens Watch

Current market value: $5,599.

Radiomir Automatic

Current market value: $5,473.

Luminor 1950 3 Days GMT

Current market value: $5,375.

Panerai

Luminor 1950 3 Days GMT

Ref. PAM441

$5,375

Radiomir Quaranta Automatic 40mm Mens Watch Blue

Current market value: $5,370.

Panerai

Radiomir Quaranta Automatic 40mm Mens Watch Blue

Ref. PAM01571

$5,370

Radiomir Black Seal 3 Days 45mm Stainless Steel

Current market value: $5,062.

Panerai

Radiomir Black Seal 3 Days 45mm Stainless Steel

Ref. PAM00388

$5,062

Luminor Power Reserve

Current market value: $5,014.

Panerai

Luminor Power Reserve

Ref. PAM00090

$5,014

Luminor Logo

Current market value: $5,010.

Radiomir Venti

Current market value: $4,848.

Ferrari Rattrapante

Current market value: $4,267.

Radiomir 1940 3 Days

Current market value: $3,941.

More Panerai references

With 375 variants this is by far the most variant-rich model family. Range from $1,464 to $189,412 — the mean sits at $7,505.

Ref. PAM00786-8DAYSSET

How these values are derived

We aggregate listings daily from nine independent sources — including eBay-DE, Kleinanzeigen, marketplaces such as Wristler and Chronext, as well as Watchfinder and CWC. For each reference we form the median across all available live asks and supplement it with our own market data from the ChronoCheck dealer network.

For references with multi-source consensus the displayed value is more robust. Individual source counts (visible as a counter beneath the cards) show how broad the data base per model currently is. The median is less sensitive to outliers than a simple average.

Panerai in the Market Value Tool

Live search, trend charts and price alerts for your desired reference.

Open Market Value Tool →

Market analysis: Panerai currently appears with at least one reference on our list of the ten watches under 5,000 euros with the strongest value growth over the past four months. Read the full post in the appraiser blog →

Frequently asked questions about Panerai

How are prices of Panerai watches developing in 2026?

We currently track 594 Panerai references with daily fresh market data — from the entry-level model to the top-tier watch. The market value median is $7,900 with the range spanning from $1,464 to $189,412. You will find detailed price trend charts and momentum indicators on each reference detail page further below.

Is a Panerai watch suitable as an investment?

Whether a Panerai works as an investment depends on the specific model, condition and market phase. Models from the Luminor, Submersible, Luminor Marina lines have historically been among the more value-stable Panerai references. Our detail pages show the 4-month trend, the momentum score and the volatility per model — the most important data points for an investment decision. Note: we provide market information, not investment advice.

Which Panerai models currently show the strongest value growth?

The strongest value growth is currently shown by the Panerai models with positive 4-month momentum — sorted by momentum score in the list below. We recommend viewing the 1-month and 4-month trends together on the detail page: divergences between the two (e.g. +30 % over 4 months, but -10 % over 1 month) indicate a trend reversal.

How do I determine the current market value of my Panerai watch online?

You can determine the market value of your Panerai online for free: 1) See the current median price on the relevant model detail page below, 2) Enter brand and reference in the interactive Market Value Tool (chronocheck.de/marktwert/) for daily data + trend, 3) For a professional valuation with certificate: book a ChronoCheck value appraisal to the CPS-52 inspection standard.

Which affordable Panerai watch is most likely to rise in value?

General rules of thumb: models with low production volume, high collector demand and complete original equipment (box + papers) show the greatest value growth. In the range up to 5,000 EUR there are Panerai references with clear value growth. You will find concrete recommendations in the reference list below, sorted by momentum score — values above 60/100 indicate upward-trending models.