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Pre-Owned Panerai

Panerai is an Italian luxury watchmaker with a strong heritage in precision instruments. Known for its large, iconic case designs and robust build, Panerai offers timepieces that embody a blend of Italian design and Swiss watchmaking.

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Luminor
Image for Luminor 1950
Luminor 1950
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Radiomir
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Radiomir 1940
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Submersible
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Luminor
Image for Luminor 1950
Luminor 1950
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Radiomir
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Radiomir 1940
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Submersible
56 Watches
56 Watches

About Panerai

No brand is more directly linked to a single historical epoch than Swiss-Italian Officine Panerai. Although founded in Florence, Italy in 1860, Panerai's golden era as horologer to the Italian Navy special-forces spanned the years from 1936 to the early 1990s. Only available to civilians since 1993, their watches are celebrated in the modern era for functional purity, historical design inspiration, and unpaid appearances on the wrists of major sporting, political, and entertainment figures like Sylvester Stallone and Arnold Schwarzenegger. Explore our pre-owned suite of watches from this luxury brand, available in various styles, complications, and functions.

Explore Pre-Owned Panerai Watches

Panerai stands apart with its commanding presence, distinctive Italian design language, and deep ties to maritime military history. From cushion-shaped cases to oversized crown guards and luminous sandwich dials, each pre-owned Panerai watch in our collection blends mechanical integrity with unmistakable aesthetics. Whether you're drawn to vintage military roots or cutting-edge materials, Panerai remains a staple among serious collectors and modern adventurers alike.

Radiomir: The Beginning of the Legend

The Radiomir is the foundation of Panerai's story. Originally created in the 1930s for the Italian Royal Navy, the Radiomir's robust case, wire lugs, and luminous dial met strict requirements for visibility and durability underwater. Over time, the Radiomir collection has evolved to include models such as the Radiomir 1940, featuring upgraded case construction and advanced complications like the Minute Repeater Carillon Tourbillon GMT.

Luminor: Rugged Utility with an Edge

Introduced as a successor to the Radiomir, the Luminor introduced the signature crown-protecting bridge that enhanced water resistance and durability. This innovation became one of the most recognizable design features in horology. The Luminor is available in a range of case materials — including stainless steel, titanium, ceramic, and rose gold — and often includes GMT functions or tourbillons. For collectors seeking an updated take on the original, the Luminor 1950 models retain vintage proportions with modernized internals.

Submersible: Pure Performance Below the Surface

The Submersible emerged as a standalone collection in 2011, dedicated to Panerai's most technically focused dive watches. Designed for true aquatic use, it features unidirectional dive bezels, screw-down crowns, and water resistance up to 300 meters. Materials such as CarboTech™, BMG-Tech™, and bronze elevate these watches into the realm of collector-grade tool watches. Notable models like the Submersible Bronzo have become cult favorites among Paneristi.

What Makes Panerai Watches So Appealing?

Panerai's exclusivity and unique aesthetic sensibility set it apart. For decades, these watches were produced only for military forces and were unavailable to the public. This heritage adds cachet to vintage models, while contemporary pieces remain rooted in the brand's functional DNA. Collectors gravitate toward Panerai for its minimalist dial layouts, robust case profiles, and versatility across materials and complications.

Is This the Right Collection for You?

If you appreciate oversized cases, legibility in all conditions, and purposeful engineering, Panerai watches are an ideal match. Whether you're a diver, a vintage design enthusiast, or someone seeking a daily timepiece with bold personality, this collection delivers.

Let Us Guide Your Journey

Every pre-owned Panerai watch on our site has been authenticated, serviced, and backed by a two-year global warranty. Our concierge team is available to help you compare references, explain complications, or assist with sourcing specific models from our wider network. We're here to ensure your Panerai purchase is as smooth and meaningful as the watch itself.

Visit our complete pre-owned collection to browse more fine watches from the world's most storied brands.

The history, exclusivity, and quality of a Panerai watch plays a large part in their market value. An extraordinary level of craftsmanship and detail goes into each piece's design and production; plus, the brand's watches were not available to the consumer market until the 1990s, making them highly-sought after by collectors today.
When comparing luxury watch brands, it typically comes down to consumer preferences. That said, Panerai separates itself from other brands thanks to their iconic military watches, and their unmistakable aesthetic.
Luxury watch prices on the secondary market are always prone to fluctuations due to factors like condition, boxing, and official documentation. However, it's a great place to find near-mint condition pieces at a more affordable price point. Currently, our inventory of pre-owned Panerai timepieces range in cost from $4,950 to $49,950. Prices also vary based on model and material.
Authentic Panerai watches feature a clear logo, movement number, and caliber engravings. Also, an original piece has an encrypted serial number and water resistance indication. Lastly, the lugs are a clear sign of authenticity as real pieces have slightly angled lugs and fake pieces have flat ones.
Most often, the serial number on a Panerai can be found on the caseback.
The 1916 Company is the definitive destination for collecting pre-owned luxury timepieces. We have pioneered the digital transformation of the watch industry and leverage a thorough authentication and evaluation process. Every Panerai piece is inspected by our in-house team of watchmakers, technicians, and refinishers before it is presented for sale. If a watch requires any repairs, our team is also able to provide full service with factory-sourced parts, offering Panerai collectors a peace of mind.