The Panerai Submersible Mike Horn Edition 47mm, reference PAM 00984, is a highly sought-after timepiece, a testament to the collaboration between the prestigious Italian watchmaker and the renowned explorer, Mike Horn. Its rugged design, impressive specifications, and limited availability contribute to its significant price tag, often described as "Price on request," with additional shipping costs. This article delves into the intricacies of the Panerai Mike Horn price, exploring various factors that influence its cost and providing a comprehensive overview of this exceptional watch.
Decoding the Price: A Multifaceted Equation
Determining the precise price of the Panerai Submersible Mike Horn Edition 47mm (PAM 00984) is not a straightforward task. The "Price on Request" designation employed by authorized dealers and retailers highlights the exclusivity and fluctuating nature of its value. This isn't simply a matter of a fixed retail price; several factors play a crucial role in determining the final cost a buyer will encounter:
* Authorized Dealer vs. Grey Market: Purchasing from an authorized Panerai dealer offers the assurance of authenticity and warranty, but often comes with a higher price point. The grey market, on the other hand, offers potentially lower prices but carries the risk of counterfeit watches and lacks the manufacturer's warranty. This price discrepancy can be substantial, potentially leading to differences in the thousands of dollars.
* Location and Taxes: Geographical location significantly impacts the final price. Import duties, taxes, and local regulations vary from country to country. For instance, a US buyer might encounter a price like "$13,557 + $89 for shipping," while a Brazilian buyer might see a different price entirely. These regional differences reflect the cost of importing the watch, as well as local sales taxes and other levies.
* Condition and Accessories: The condition of the watch is another critical factor. A pre-owned watch, even in excellent condition, will generally command a lower price than a brand-new, unworn piece. The presence of original accessories, such as the box, papers, and warranty card, also influences the price. A complete set with all original documentation will fetch a higher price than a watch sold without these items.
* Demand and Supply: As a limited edition, the demand for the Panerai Submersible Mike Horn Edition often outstrips supply. This scarcity naturally drives up the price. Collectors and enthusiasts are willing to pay a premium for this exclusive timepiece, leading to price fluctuations based on market demand. Limited availability contributes significantly to the "Price on Request" policy, allowing dealers to adjust pricing based on current market conditions.
* Currency Fluctuations: International transactions are subject to currency fluctuations. The exchange rate between the buyer's currency and the currency in which the watch is priced (typically Euros or US Dollars) can impact the final cost. These fluctuations can lead to price variations over time.
A Closer Look at the Panerai Submersible Mike Horn Edition 47mm (PAM 00984):
The Panerai Submersible Mike Horn Edition 47mm PAM 00984 is more than just a watch; it's a statement piece embodying adventure and resilience. Its key features include:
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