The new replica version of Panerai 441/438 by VS Factory (SBF) has some improvements

movement is now upgraded based on VS Factory’s self-developed P series movement. The P9001 movement by VS Factory has a good reputation and stable quality. Previously, the replica Panerai used a 2813 movement from China’s Nanning, which was phased out in 2019 due to its overall thickness being thicker than the original. Both VS Factory’s one-piece movement and the original movement use real bearings, allowing the watch’s automatic rotor to move with the bearings. This makes VS Factory’s Panerai movement top-notch.

The SBF logo seen in the pictures is actually a trademark of VS Factory. They changed the name to avoid risks, as China’s anti-counterfeiting efforts have increased. In the past, N Factory faced difficulties during an anti-counterfeiting crackdown, and VS Factory wants to avoid similar issues.

With the name change to SBF Factory, they also brought a small benefit to watch enthusiasts. The genuine Panerai 441/438 models feature a transparent case back with a power reserve display. Previously, VS Factory’s replicas couldn’t achieve this function due to technical limitations. However, the new v3 version now includes a power reserve display, making it more similar to the original. Panerai 441 and 438 are similar models, sharing the same movement and appearance, with the only difference being that 441 comes with a leather strap, while 438 has a ceramic strap with a smoked effect on its movement.

With the addition of the power reserve display for the replica Panerai 441/438, you can confidently purchase the SBF Factory version, which can be considered the ultimate replica version.