Why Sell Your Panerai to GoldTrust?
Panerai valuation starts with correct PAM identification. Without it, nothing else matters. A PAM00005 from the early Vendôme era and a PAM00112 from a decade later look broadly similar and are priced very differently. An in-house P.9010 Submersible is not comparable to an early OP-based Luminor even when they share the case shape.
At GoldTrust the inspection begins with reading the case back, identifying the PAM number, and confirming the movement caliber. Everything flows from there. The offer is built in front of you, explained openly, and if it does not work, the watch stays with you. If it does, payment via instant EFT lands during the visit.
GoldTrust is a licensed second-hand goods dealer, registered high-value goods dealer, accountable institution, and Jewellery Council of South Africa member.
Panerai Collections We Buy
- Luminor. The flagship. Base, Marina, Chrono, Due, and GMT variants. 44mm, 42mm, and 40mm case sizes. Manual wind and automatic.
- Luminor 1950. The 1950s-inspired cushion case variant. Marina, 8 Days, Chrono Flyback, and limited editions. Highly collected.
- Radiomir. Vintage-inspired wire-lug case. 42mm, 45mm, and 47mm. Manual wind and automatic.
- Submersible. Professional dive watches, steel, bronze, ceramic, and carbotech. 42mm and 47mm.
- Mare Nostrum. Chronograph with distinctive large case. Steel, titanium, and precious metal editions.
- Vintage Panerai. Pre-Vendôme (pre-1997) and early Vendôme-era PAM references. Significant collector premiums for correct, original pieces.
- Boutique-exclusive and limited editions. Numbered pieces, anniversary references, and collaboration editions.
What Affects Your Panerai’s Value
- PAM reference. The single most important factor. We identify it and price against the current market for that exact reference.
- Movement. In-house P-series movements (P.2002, P.9000 series, P.9100, P.4000, P.6000) support stronger values than earlier ETA-based or OP-series references. Eight-day power reserve and tourbillon references carry premiums.
- Case material. Steel, titanium, bronze, ceramic, carbotech, rose gold, white gold, platinum. Precious metal cases add intrinsic value.
- Condition. Case geometry, dial originality, crown guard condition (on Luminors), movement health. Do not polish or clean bronze patina.
- Box, papers, and strap kit. Panerai sets include the distinctive box, warranty card, booklets, a screwdriver for strap changes, and often a spare strap. Full set supports the strongest offer.
- Limited or boutique edition. Numbered references, anniversary editions, and boutique exclusives carry premiums when documented.
Box, Papers, and Service History
A full set Panerai includes the presentation box, outer box, warranty card, booklets, screwdriver, spare strap, and any additional accessories. Panerai presentation is distinctive and collectors value completeness, particularly on limited editions.
Watch-only is sellable. The offer is lower than for a full set, but a correct-reference Panerai with healthy movement carries value by itself. Bring any paperwork you have, even partial.
Service records from Panerai or authorised service centres add confidence. Independent service records are generally neutral.
Preparing Your Panerai for Valuation
- Do not polish the case. Particularly important on bronze, where patina is part of the value.
- Bring the full set if you have it. Box, warranty card, booklets, screwdriver, spare strap.
- Note anything non-original. Replacement dial, crown, movement parts, or strap. Upfront disclosure leads to the most accurate valuation.
- Bring ID. Valid SA ID or passport for FIC compliance.
- Book an appointment at one of our offices across Gauteng, including Sandton, Pretoria, Centurion, Boksburg, Cresta, and Bedfordview. We also serve Umhlanga, Cape Town, and George . Home visits available in many areas by arrangement.
Inspection, PAM identification, offer, and payment all happen in one appointment.
Frequently Asked Questions


