Want a Panerai Watch? Here Are 4 Worthy Alternatives That Won’t Cost as Much

These watches offer solid alternatives to Panerai’s iconic look for less money.

panerai watch on wrist with suit and tie Zen Love

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You can spot a Panerai watch from across a room. Not just because of the brand’s typically bold sizing, but also due to its distinctive design and Italian swagger that seems to seep into the wearer’s skin. That image is only boosted by the brand’s exclusivity factor, with prices well into luxury territory.

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For $4,900 you can get the Panerai name and familiar silhouette on your wrist in the Radiomir Base Logo, and the iconic Luminor case with its unmistakeable crown guard is $700 more. Those are the most basic models without bells, whistles, “sandwich dials” or in-house movements — the vast majority of Panerai watches are significantly more expensive, even when they are functionally very simple (often indicating only the time). It’s the look (and quality), however, that continues to enthrall fans and garner some of the watch world’s most ardent followers.

Panerai’s genius is in its simplicity, and it’s quite possible that everyone sees something different in these watches, even if they’re equally captivated. Does a Panerai watch have to be big? Is it defined by its lume-sandwich-style of dial, its cushion case shape, Arabic numeral font or the Luminor’s crazy crown guard mechanism? Or is it simply its bold, plainly handsome character with military roots? All of the above?

There are many Panerai knockoffs, homages and fakes out there, but we’re not here to introduce you to copycats. Rather we want something that offers a watch-wearing experience that’s somehow comparable to that Panerai magic — and I’m fully convinced that uniqueness is part of it. Though highly subjective, the watches below each offers an attractive, affordable alternative to the Panerai feel in its own way.

Unimatic Modello Quattro U4 Classic

  • Movement: Seiko NH35A Automatic
  • Diameter: 40mm
  • Water Resistance: 300m

Hear us out. While this Unimatic watch doesn’t share specific design traits with Panerai such as a cushion case (as many of the options below do), it’s attractive for some of the same reasons. Those include a minimalist design, a toolish or military pragmatism and Italian provenance. The brand’s U4 model is particularly comparable thanks to its pared-back features which include a fixed steel bezel, but other collections from the brand are also worth a look. Though measuring 40mm, these watches offer a much bolder presence than their diameter would suggest thanks to a thick and blocky (though nevertheless easy-wearing) case design.

Magrette Moana Pacific Waterman

  • Movement: ETA 2824 Automatic
  • Diameter: 42mm
  • Water Resistance: 500m

New Zealand-based Magrette has been making affordable diving-focused watches for a lot longer than many microbrands. Many of their watches qualify as possible Panerai alternatives thanks to their cushion-like cases, legible sandwich-style dial and moderately bold sizing. This particular model measures 42mm wide and has a pretty reasonable price considering its Swiss automatic movement and premium features like sapphire crystal — oh, and its extreme water resistance of 500m.

Nivada Depthmaster

  • Movement: Sellita SW200 Automatic
  • Diameter: 39mm
  • Water Resistance: 100m

If you love the footprint of Panerai’s cushion case but not those bumptious sizes, check this out. The Nivada Depthmaster, also sometimes called “mini-Panerai” by collectors due to its case shape, was produced in the 1960s (when this case shape was more common) — and its modern version is essentially identical, right down to its size. (It also offers some of its own unique flare, too, particularly with its “PacMan” numerals.) At 39mm, on an average-sized wrist it’ll probably wear about the same on an average wrist as a Panerai does on Sylvester Stallone.

Anonimo Nautilo

  • Movement: Sellita SW200 Automatic
  • Diameter: 42mm
  • Water Resistance: 200m

Based in Italy with that cushion case shape, Anonimo is about as close as you’re going to get to a Panerai — without getting too close. In fact, it might be more palatable for many for its 42mm size, not to mention its significantly lower price. Each Anonimo collection features a similar case that’s reminiscent of Panerai’s signature look, but we like the Nautilo dive watch for its relatively traditional looks.

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