Panerais are typically built in vary small quantities.
The individual models will be released with very slight variations in short runs, thus creating more demand. I feel like this is the reason for the prices.
But at the same time, Panerai also manufactures their own movement for their 8 day power reserve, so the price is semi-justified on those, but I agree that they are overpriced. They are definitely a cult brand, so the demand is there.
Their base models aren't too bad though, but then again, like you said, its just a slightly moded unitas. Certainly not worth the 3 or so grand in parts.
The individual models will be released with very slight variations in short runs, thus creating more demand. I feel like this is the reason for the prices.
But at the same time, Panerai also manufactures their own movement for their 8 day power reserve, so the price is semi-justified on those, but I agree that they are overpriced. They are definitely a cult brand, so the demand is there.
Their base models aren't too bad though, but then again, like you said, its just a slightly moded unitas. Certainly not worth the 3 or so grand in parts.