There are potentially quite a few reasons for that:
- There are way too many similar-looking PAMs out there nowadays.
- Demand has dropped. The big watch is out and smaller sport watches are in vogue right now. While there are definitely still many PAM fans out there, my observation is that buyers are now looking at smaller, more conservatively-sized pieces right now. 40mm is the new 44mm.
- The market isn't as good right now. PAMs are less desirable than the staple Rolex subs or PP Nauts and PAM owners are ready to lower their prices to sell theirs.
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