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watchfreak207 · 6 July 2022, 09:54 PM

I came across a 5524G from a grey dealer and was pretty surprised that the asking price is about 22% below MSRP.
I know the 5524G is not exactly a popular model and a lot haters when it was launched in 2015, but 22% below MSRP?
This is a new in box dated 2021 with box and papers.

Personally I like this watch as it is pretty low profile and not a lot of people will know its a PP. I am thinking of getting this watch but am I missing something here?

Any feedback is much appreciated.

Benzsiam · 6 July 2022, 10:12 PM

5524G new in box dated 2021 with box and papers for 22% below MSRP seems like a great price to buy. If you like this timepiece, better get it now.

derekhayden · 6 July 2022, 10:15 PM

Definitely doesn't get a lot of love but it's one of my favorite Pateks. I would say if you like it then it seems like a pretty good deal.

newonos · 6 July 2022, 11:30 PM

This is one that some ADs have in stock. Just remember to buy the seller. dont get burned.

2nastie · 7 July 2022, 03:09 AM

As others have mentioned, buy the Seller as much as the watch.

On the pricing aspect, it's fair given the market. Patek besides the Nautilus (including the Aquanaut) could almost always be had at below MSRP/at discount, etc. 5-6 years ago. It's probably sitting higher than it would be in prior years.

I like the watch, but in small collection there would be a few options I would pick over it and thus it would never make my list unfortunately.

Yobrooks · 7 July 2022, 12:07 PM

Go for it, if the seller is reputable

Sent from my SM-N986U using Tapatalk

ibr123 · 7 July 2022, 03:35 PM

This was my first PP and I love it. Go for it, and play with the straps.

Sent from my iPhone using Tapatalk

jon_jon · 8 July 2022, 01:02 AM

Quote:

Originally Posted by watchfreak207

I came across a 5524G from a grey dealer and was pretty surprised that the asking price is about 22% below MSRP.
I know the 5524G is not exactly a popular model and a lot haters when it was launched in 2015, but 22% below MSRP?
This is a new in box dated 2021 with box and papers.

Personally I like this watch as it is pretty low profile and not a lot of people will know its a PP. I am thinking of getting this watch but am I missing something here?

Any feedback is much appreciated.

For several years after the 5525G was released, it sold for above MSRP on the secondary market. When there is a shortage, people want the watch. Now it has become plentiful, it is less in demand. My advice it to get the watch that you like and not what everyone else wants.

sxdcfv911 · 8 July 2022, 07:24 AM

It's a great piece, I have it and love it! You can wear it with a suit or jeans, IMO.

Gebbeth · 8 July 2022, 07:43 AM

I prefer this over any Nautilus or Aquanaut all day, everyday.

In a watch world full of Gerald Genta's and Gerald Genta wannabes, this is refreshingly bold, especially for Patek.

If you are getting offers at 22% below MSRP.....hell....I need to find my nearest Patek dealer.

amanbra · 8 July 2022, 07:54 AM

I love this watch line from patek. The 5524 is too large for me but I’m happily enjoying the 7234g which was at about 24% discount.

Sent from my iPhone using Tapatalk

Kliminator · 8 July 2022, 01:14 PM

Quote:

Originally Posted by amanbra

I love this watch line from patek. The 5524 is too large for me but I’m happily enjoying the 7234g which was at about 24% discount.

Sent from my iPhone using Tapatalk

24% from the AD/Boutique? I got contacted for this specific piece but they told me they don’t discount on anything..

Love the watch, size and proportions are great on a smaller wrist! Don’t think I’d personally shell out the $50K MSRP for it tho.

watchfreak207 · 10 July 2022, 10:56 PM

Thanks everyone for the feedbacks.
Just an update, the grey dealer had some attitude and I decided not to deal with him.
Found another dealer with a slightly older BNIB, dated late 2020. After a bit of negotiation, I managed to get it 25% off the current MSRP.
Just collected today and extremely happy with it.

Will_L · 11 July 2022, 06:07 AM

Quote:

Originally Posted by watchfreak207

Thanks everyone for the feedbacks.
Just an update, the grey dealer had some attitude and I decided not to deal with him.
Found another dealer with a slightly older BNIB, dated late 2020. After a bit of negotiation, I managed to get it 25% off the current MSRP.
Just collected today and extremely happy with it.

Congrats, I am absolutely sure you will love that watch for time to come !

ibr123 · 11 July 2022, 09:30 AM

Quote:

Originally Posted by watchfreak207

Thanks everyone for the feedbacks.
Just an update, the grey dealer had some attitude and I decided not to deal with him.
Found another dealer with a slightly older BNIB, dated late 2020. After a bit of negotiation, I managed to get it 25% off the current MSRP.
Just collected today and extremely happy with it.

Congratulations! Wear it in good health.

Sent from my iPhone using Tapatalk

flyboyyy · 11 July 2022, 01:06 PM

Count me as a fan! The 5524G is my first (and only) Patek. Also acquired at a similar discount.

amanbra · 11 July 2022, 06:58 PM

Quote:

Originally Posted by Kliminator

24% from the AD/Boutique? I got contacted for this specific piece but they told me they don’t discount on anything..

Love the watch, size and proportions are great on a smaller wrist! Don’t think I’d personally shell out the $50K MSRP for it tho.

Nah grey market, a person brought it as a profile builder and basically immediately parted ways with it…

Partekular · 11 July 2022, 09:17 PM

Am I the only one who thinks this an amazing price collapse for a relatively new PP?

The flipper tossed the pancake and it hit the floor!

amanbra · 12 July 2022, 12:34 AM

Quote:

Originally Posted by Partekular

Am I the only one who thinks this an amazing price collapse for a relatively new PP?

The flipper tossed the pancake and it hit the floor!

Nah this is the ugly duckling of the patek line. Which works great for me. Overall though this watch will be the first to sit in a display case.

Sent from my iPhone using Tapatalk

Rolexavidfan · 19 July 2022, 11:49 PM

I prefer the 5164a Aquanaut to this Pilot Calatrava model, the latter being big on my small wrist.

Sent from my iPhone using Tapatalk

6 July 2022, 09:54 PM	#1
watchfreak207 "TRF" Member Join Date: Jul 2019 Location: Singapore Watch: ing You Posts: 156	5524G no love I came across a 5524G from a grey dealer and was pretty surprised that the asking price is about 22% below MSRP. I know the 5524G is not exactly a popular model and a lot haters when it was launched in 2015, but 22% below MSRP? This is a new in box dated 2021 with box and papers. Personally I like this watch as it is pretty low profile and not a lot of people will know its a PP. I am thinking of getting this watch but am I missing something here? Any feedback is much appreciated.

6 July 2022, 10:12 PM	#2
Benzsiam 2024 Pledge Member Join Date: Mar 2015 Location: USA Watch: Rolex/AP/PP/ALS Posts: 5,914	5524G new in box dated 2021 with box and papers for 22% below MSRP seems like a great price to buy. If you like this timepiece, better get it now. __________________ Rolex: 116621, 126333, 126711CHNR, 114060, 116500LN White, 126660 JC, 126710BLNR, 126710BLRO, 116610LV, 126610LN, 126610LV, 116508 YG Green Dial, 124300 Turquoise, 126719BLRO Meteorite dial, 228235 Olive dial ,126755SARU, 116505 RG Black dial, 326934 Blue Sky D. Audemars Piguet: 15451ST Blue, 15500OR w/Bracelet, 14790SA, 14790BA, 26022BC(Salmon) Patek Philippe: 5524R, 5712G, ALS: Time Zone 136.032, Cartier: WGSA0030, WSSA0061, YG Oct. 2965, Breguet: 7137BA, MontBlanc: 109996", Seiko: SRPA21,

6 July 2022, 10:15 PM	#3
derekhayden "TRF" Member Join Date: Sep 2017 Location: Texas Watch: Tudor BBGMT Posts: 772	Definitely doesn't get a lot of love but it's one of my favorite Pateks. I would say if you like it then it seems like a pretty good deal. __________________ ****************************************** Official 2nd Member of The Poor Man's Rolex Club ******************************************

19 July 2022, 11:49 PM	#20
Rolexavidfan "TRF" Member Join Date: Jan 2011 Real Name: Har Location: Tukwila, WA Watch: Rolex Posts: 1,568	I prefer the 5164a Aquanaut to this Pilot Calatrava model, the latter being big on my small wrist. Sent from my iPhone using Tapatalk __________________ Rolex Rolex Rolex Rolex Rolex Rolex Rolex Rolex Rolex Rolex Go for the timepiece you love. You will save more. ...

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6 July 2022, 11:30 PM	#4
newonos "TRF" Member Join Date: Dec 2020 Location: usa Posts: 135	This is one that some ADs have in stock. Just remember to buy the seller. dont get burned.

7 July 2022, 03:09 AM	#5
2nastie "TRF" Member Join Date: Nov 2016 Location: YVR Watch: Time Only Posts: 2,332	As others have mentioned, buy the Seller as much as the watch. On the pricing aspect, it's fair given the market. Patek besides the Nautilus (including the Aquanaut) could almost always be had at below MSRP/at discount, etc. 5-6 years ago. It's probably sitting higher than it would be in prior years. I like the watch, but in small collection there would be a few options I would pick over it and thus it would never make my list unfortunately.

7 July 2022, 12:07 PM	#6
Yobrooks "TRF" Member Join Date: Jun 2019 Location: Philly, USA Watch: PP Posts: 537	Go for it, if the seller is reputable Sent from my SM-N986U using Tapatalk

7 July 2022, 03:35 PM	#7
ibr123 2024 Pledge Member Join Date: Jun 2013 Location: California, USA Posts: 186	This was my first PP and I love it. Go for it, and play with the straps. Sent from my iPhone using Tapatalk

8 July 2022, 07:24 AM	#9
sxdcfv911 "TRF" Member Join Date: Aug 2021 Location: Buffalo Posts: 241	It's a great piece, I have it and love it! You can wear it with a suit or jeans, IMO.

8 July 2022, 07:43 AM	#10
Gebbeth "TRF" Member Join Date: Apr 2013 Location: Bay Area Posts: 757	I prefer this over any Nautilus or Aquanaut all day, everyday. In a watch world full of Gerald Genta's and Gerald Genta wannabes, this is refreshingly bold, especially for Patek. If you are getting offers at 22% below MSRP.....hell....I need to find my nearest Patek dealer.

8 July 2022, 07:54 AM	#11
amanbra "TRF" Member Join Date: Oct 2019 Real Name: Graham Location: Aus Posts: 2,449	I love this watch line from patek. The 5524 is too large for me but I’m happily enjoying the 7234g which was at about 24% discount. Sent from my iPhone using Tapatalk

10 July 2022, 10:56 PM	#13
watchfreak207 "TRF" Member Join Date: Jul 2019 Location: Singapore Watch: ing You Posts: 156	Thanks everyone for the feedbacks. Just an update, the grey dealer had some attitude and I decided not to deal with him. Found another dealer with a slightly older BNIB, dated late 2020. After a bit of negotiation, I managed to get it 25% off the current MSRP. Just collected today and extremely happy with it.

11 July 2022, 01:06 PM	#16
flyboyyy "TRF" Member Join Date: Feb 2021 Location: MN Posts: 293	Count me as a fan! The 5524G is my first (and only) Patek. Also acquired at a similar discount.

11 July 2022, 09:17 PM	#18
Partekular "TRF" Member Join Date: Sep 2020 Location: Scotland Posts: 435	Am I the only one who thinks this an amazing price collapse for a relatively new PP? The flipper tossed the pancake and it hit the floor!

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