Dive · 1 Models · Italy/Switzerland

Panerai Submersible Price Guide

$7,000 – $9,500 · Avg Score: 67/100 · From $699/yr
44mm
Automatic
300m WR

About the Panerai Submersible

Professional diving watch

Originally designed for professional underwater use, modern dive watches are equally at home on a desk as they are at depth. The rotating bezel tracks elapsed time underwater, while the high water resistance and luminous markers ensure readability in low-light conditions.

What to Look For

Key specifications for a dive watch include water resistance (minimum 200m for ISO 6425 certification), unidirectional rotating bezel, luminous hands and indices, screw-down crown, and robust bracelet with dive extension. Higher-end models feature helium escape valves for saturation diving.

Wearing Context

Dive watches are the most versatile luxury watch category. They pair equally well with a suit, casual wear, or technical gear. The sport-luxury aesthetic makes them appropriate for virtually any situation, which is why models like the Submariner and Seamaster are among the best-selling luxury watches globally.

Buying a Panerai Submersible

Panerai watches are available at authorized dealers, often with negotiable pricing. The brand produces many limited editions and special variants, which can create confusion about which models to buy. Focus on the core Luminor and Submersible collections with in-house movements for the best long-term value.

1
Models
67
Avg Value Score
67
Best Score
$699
Lowest Own/Yr

All Submersible Models Compared

RefVariantMarket PriceRetailOwn/YrScore
PAM0130544mm Steel/Black$7,000–$9,500$10,700$699/yr67

Frequently Asked Questions

How much does the Panerai Submersible cost?
The Panerai Submersible ranges from $7,000 to $9,500 on the secondary market depending on the reference, condition, and completeness. There are 1 current models in the collection, with the entry point being the PAM01305 (44mm Steel/Black).
Which Submersible model has the best value?
The PAM01305 (44mm Steel/Black) achieves the highest Value Score of 67/100 in the collection. This accounts for value retention, brand strength, specifications, liquidity, and price-to-spec ratio.
What does it cost per year to own a Submersible?
Annual ownership costs range from $699/year (PAM01305) to $699/year, averaging $699/year across all models. This includes depreciation, amortized servicing, and insurance.
Is the Submersible suitable for swimming?
With 300m water resistance, the Panerai Submersible is fully suitable for swimming, snorkeling, and recreational diving. It exceeds the ISO 6425 minimum of 200m for dive watches.

Explore Panerai

See all Panerai collections and Value Scores.