Panerai Radiomir Quaranta 40mm Mens Watch
Reference PAM01294
Hold — Stable price development
C
Investment Grade C · 47/100
$6,434
As of: 08.06.2026
RRP (list price): $7,273
12 % below RRP
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ℹ️ 1-month trend
Price change over the past 30 days. Shows the short-term market movement — relevant if you want to buy or sell soon.
ℹ️ 4-month trend
The central metric behind the momentum score. It filters out short-term swings and shows the true, medium-term market trend of this reference.
ℹ️ Volatility
Annualised price fluctuation. Below 10 % = very stable, 10–20 % = normal, above 20 % = volatile. With high volatility the price can change quickly — in both directions. Be cautious about buying without checking the current price.
ℹ️ Momentum score
ChronoCheck's own indicator from 0 to 100, calculated from the 4-month trend, volatility and market direction.
- Above 60 — Upward trend. Good time to sell, prices are rising.
- 40 – 60 — Neutral. Stable price level, no pressure to act.
- Below 40 — Downward trend. Wait or enter at a good price.
ℹ️ Investment Grade A/B/C/D
ChronoCheck's own rating for each reference. A 0–100 point scale, made up of four weighted components:
- Momentum (40 pts) — trend strength from the momentum score.
- Liquidity (25 pts) — number of active live listings.
- Stability (20 pts) — inverse volatility — the calmer, the better.
- Source robustness (15 pts) — number of independent market sources.
- A · 75+ Trend is right, liquidity good, data broad.
- B · 55–74 Solid, but one component weaker.
- C · 35–54 Average, volatility or market breadth weigh on it.
- D · below 35 Downward or too little data — a collector's piece.
Not investment advice. Pure data analysis from aggregated market sources.
What if you had bought back then …
What would a purchase at the median market price back then have become — at today's level of $6,434. A pure return calculation, excluding insurance, servicing and transaction costs.
6 Monate
on 23.05.2026
Purchase price
$6,434
Today
$6,434
Data from an aggregated median time series (watch_market_daily). CAGR = Compound Annual Growth Rate, normalized to 365 days. Not an investment recommendation.
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Technical data
Model family
Radiomir Quaranta 40mm Mens Watch
Panerai Ref. PAM01294 — Variants and collector names
Known as: Quaranta, Radiomir Quaranta Anthracite, RQ Black, RQ Antracite
Movement variants
- P.900 (2023–today) · 28800 bph
Bezel variants
- Radiomir Quaranta Fixed Bezel
Crystal variants
- Sapphire-AR-Radiomir-Quaranta
## 40 Millimeters Against the Grain
Panerai typically builds big — 42 to 47 millimeters is the norm for the brand. The reference PAM01294 breaks with that habit and stays at 40 millimeters case diameter. The name Quaranta comes straight from Italian and means forty, a clear signal to anyone who wants to wear the Radiomir line in a more compact size. Collectors know the model under several names: Radiomir Quaranta Anthracite, RQ Black, or simply RQ Antracite. All of these refer to the same reference — the community has just split into different shorthand camps.
## Anthracite, Not Black — a Difference That Matters
The anthracite dial is where many buyers take a second look. In daylight, a grey undertone shows through, setting the reference apart from the classic black Radiomir models. The fixed bezel, listed in the spec sheet as Radiomir Quaranta Fixed Bezel, skips any rotating function entirely and stays true to the historical Radiomir shape Panerai has built since the 1930s.
## Hand-Wound With Character: the Caliber P.900
Under the caseback sits the in-house Caliber P.900, a hand-wound movement that deliberately does without an automatic rotor. That choice fits the pared-back design language of the Quaranta line and keeps the case pleasantly flat on the wrist despite the 40-millimeter diameter. Anyone checking a PAM01294 on the secondary market should treat the caliber designation and bezel execution as the first things to verify, before turning attention to dial details like the sandwich construction.
Brand profile: Panerai
Panerai Luminor and Radiomir watches are unmistakable thanks to their large case and signature crown-guard bridge. Fakes are usually given away by the crown-guard mechanism.
Key authenticity features
- Sandwich dial: genuine Panerai sandwich dials show a visible GREEN lume layer between the dial layers when viewed at an angle (on Arabic-numeral models) — fakes have single-layer dials with painted-on lume
- Crown-guard mechanism: Panerai's signature lever guard must close with a solid, firm click AND function correctly (turning the lever locks the crown for water resistance) — a purely decorative lever means fake
- Seconds-hand length: a genuine seconds hand reaches almost to the outer edge of the dial — fakes have shorter hands
- Engravings: genuine Panerai engravings are deep, laser-etched with sharp, clean edges — fakes show acid-stamped engravings with a sandy texture that fades over time
Serial number format: Panerai serial numbers: 'OP' followed by 6-7 digits on the case back. Can be verified online.
Buying guide: Panerai Radiomir Quaranta 40mm Mens Watch
Entry into Panerai
At $6,434 this reference is one of the more affordable ways to wear a Panerai on your wrist. That is precisely why many pieces have already passed through several hands — condition varies accordingly. Buyers here should pay particular attention to service history and honest photos from the seller.
What to look out for when buying?
- Authenticity: The serial number and reference on the case must match the papers. A professional authenticity check of the Panerai Radiomir Quaranta 40mm Mens Watch reliably rules out counterfeits.
- Condition: Check scratches on the case and bezel — professional refurbishment can leave traces.
- Service history: A documented service by the manufacturer or a certified watchmaker increases the value.
- Scope of delivery: Box, papers and warranty card make a noticeable price difference on the Radiomir Quaranta 40mm Mens Watch.
- Independent certification: The CPS-52 standard covers 52 checkpoints — from the serial number and the timing machine to water resistance. The result is secured on the blockchain and can be verified at any time.
Frequently asked questions about the Panerai Radiomir Quaranta 40mm Mens Watch
What is the current market value of the Panerai Radiomir Quaranta 40mm Mens Watch (Ref. PAM01294)?
The current market value of the Panerai Radiomir Quaranta 40mm Mens Watch Ref. PAM01294 is $6,434 (as of 08.06.2026). We aggregate asking prices from several independent live market sources — authorised dealers, CPO dealers, pre-owned marketplaces and auction results. The actual sale price can vary by 10–15 % up or down depending on condition, completeness and service history.
How has the price of the Panerai Ref. PAM01294 developed over the past 4 months?
The 4-month trend is stable. Volatility stands at 0.0 % (normal).
Is now a good time to buy or sell the Panerai Radiomir Quaranta 40mm Mens Watch?
Stable market conditions — no acute pressure to act. This assessment is based on the market trends of the past 4 months and is not investment advice. Before any transaction we recommend checking the current market price up to date — for example with our free market value tool.
What should I look out for when buying a Panerai Radiomir Quaranta 40mm Mens Watch?
The key things to check when buying a Panerai Radiomir Quaranta 40mm Mens Watch are: 1) that the serial number and reference match the papers, 2) the condition of the case and bezel (scratches, signs of polishing), 3) completeness of box and warranty card (a 10–15 % price premium for a full set), 4) a documented service history, 5) an independent authenticity check — advisable from a purchase price of 5,000 EUR.
How do I tell whether a Panerai Radiomir Quaranta 40mm Mens Watch is genuine?
With a Panerai, counterfeits can usually be spotted from several details: the weight and material quality of the case, the precise execution of the bezel and dial, correctly engraved serial numbers at the prescribed depth, and the behaviour of the movement. A forensic authenticity check to the CPS-52 standard examines 52 individual points and is the most reliable method — especially for purchases over 10,000 EUR.
Where can I sell a Panerai Radiomir Quaranta 40mm Mens Watch Ref. PAM01294?
There are several channels for selling a Panerai Radiomir Quaranta 40mm Mens Watch: 1) specialist online dealers (Chrono24, Watchfinder, Wempe, Chronext) — fast, but with a 10–20 % margin deduction, 2) auction houses (Phillips, Christie's, Sotheby's) — higher proceeds possible, takes 3–6 months, 3) private sale (classifieds, WatchUSeek) — highest proceeds, but more effort and fraud risk. In our experience a ChronoCheck valuation report raises the achieved sale price by 5–10 %.