I suspect you are talking about the equivalent of the Vivitar 2xmacro 
convertor. I have this convertor and it is A) a very good convertor in its 
own right. B) Even better because it has the helicoid which makes it an 
exceptional cose-up tool. I paid about $100 Cdn. --$60U.S. for it. I don't 
think a Panagor model would sell for that high a price, but I suspect it is 
the same thing. I could be wrong...
Vic 

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