These years High-end Panerai replica watch market is not as hot as before. Now fewer and fewer factories still make new Panerai models, basically only VS is holding up this category. So in early August this year, when VS factory suddenly released two new Submersible models without much warming up, many old players felt pretty surprised.

Why surprised? Because No One Expected VS to Still Make Panerai, if a gen release over one or two years and no replica factory follow up, that basically means nobody will make it anymore. And VS new Panerai products strictly speaking are not gen current season new models anymore. At this time VS factory still can make them, for people who like Panerai or have been waiting, it really is a nice surprise.
Latest Replica Watch Release
This time VS factory Panerai Submersible new release put out two styles:
- PAM01697: green grained gradient dial + steel case + green ceramic bezel + green fabric strap
- PAM01698: green grained gradient dial + carbon fiber case and bezel + green fabric strap

Both are 44MM case size green theme, and because the case size is a bit big, if you feel interested you need to consider your wrist size. Wrist above 17CM can handle both perfectly, and for wrist below 17CM I recommend the carbon fiber model first. Lighter weight will reduce visual and actual wearing burden.
Replica Watch Accuracy?
The biggest advantage of replicating these two watches is the solid caseback design. Once the caseback closed, all tiny differences of the movement are perfectly hidden. This makes VS factory like a fish in water. The Italian Navy Aviation twin-wing badge on the caseback, laser engraving depth is consistent, lines are crisp. These are places where small factories easily mess up, VS did it perfectly.
The green grained matte dial is the biggest highlight this time. The grainy texture is physically stamped, it feels a bit of resistance when you touch, not the smooth feeling of cheap printing. VS made the grain quite fine, no rough sandpaper feeling. The matte finish also cuts reflection, reading time outdoors is much clearer than glossy dial.

The subdial at 9 o’clock has a mesh-like pattern background, and the Italian Navy Aviation anchor badge inside is clearly visible. Small factories likely would just ignore and not do it. VS this time the accuracy really deserves praise.
Lume also did not fail. The biggest feature of these two Submersible models is that the hour marker diameter and lume coating are bigger than previous old models, night visible area is larger and clearer. And VS factory always stable on sandwich dial lume filling, material is full, no overflow at edges.
Overall, the whole watch accuracy can reach over 95%, belongs to the Top replica watches level that looks gen at a glance on the wrist.
Movement timekeeping and common issues
VS factory equipped both watches with their in-house P900 integrated movement. I wore them these few days, the daily error of the two watches is about plus minus 5 seconds, the rotor winding efficiency is also normal. If you wear it every day normally, no need extra manual winding. This movement has been on the market for several years of verification, repair rate has not been high, belongs to a worry-free type.

But this movement has a common issue, that is the date adjustment method is not the same as gen. The genuine movement supports independent quick-set date, pull the crown to second position and turn directly to fast adjust the date. But VS P900 movement uses the P9000 logic, the date is driven by turning the hour hand. If you want to set date, you have to keep turning hour hand until it jumps to the date you want.
If you wear the watch every day, you don’t need to adjust date often, you basically won’t feel this difference. But if you wear it once every few days, each time you need to re-set the date, that operation is indeed a little bit troublesome.
How should I choose a suitable Replica Watch?
These two watches exactly give two totally different choices. Besides filtering by wrist size, personal style is also an important factor.
Panerai Submersible PAM01697 uses high quality 316L steel with brushed finish, paired with high-temperature fired green ceramic bezel. On wrist it has that classic Panerai heavy feel. The whole watch leans military style, if you want that heavy tough flavor, just close your eyes and pick it, no mistake.

And Panerai Submersible PAM01698 1:1 best replica watch uses carbon fiber composite material, same 44MM size, this model is much lighter than the steel one. VS factory’s carbon fiber craft is already very mature, each watch’s texture is naturally formed during the pressing process, unique. It solves the heavy problem, and also satisfies the need for personality, very suitable for the unique you.
Why only VS factory still making Panerai?
Replica market trend changed a lot these years, Rolex, Audemars Piguet, Patek Philippe and other luxury brands heat stays high, while Panerai is going downhill.
There are a few reasons: One, Panerai genuine market itself has gap compared to a few years ago, second-hand market also not good, heat drop naturally affect replica market attention. Two, Panerai’s design language is single, the market mainstream prefers more refined, vintage or dress style watches. Three, other brands popular model replica profit higher, factories naturally prioritize making better-selling categories.

So now the one still actively developing new Panerai models basically only left VS. As for if there will be more new products in future, hard to say. If these two models get good market response, maybe there will be follow-up actions, but if response is average, Panerai this category may shrink further.
For players still holding on to Panerai replica camp, this maybe not the most perfect replica watch, but definitely the best choice right now. In this time when this category is fading, when you meet VS release, if you like it just grab it, buy and cherish.