First time looking into Patek, would like some advice on models.

[shinne]

I never though I would be in a position to get a watch cost as much most people's cars but I having been lucky with getting the hot pieces I wanted to see if I could move my way up to Patek. Story time ahead.

Right now I have all Rolex watches (Hulk,Pepsi, 116710LN) so I'm probably going have to do a cash + trade (Hulk). I was looking for a Daytona to complete my collection but I really doubt I could get one so I've been eyeing a Patek.

I went to the Patek AD (no relationship) and the sales person was kind of cold at first but he could see that I appreciate watches. I mentioned something about his vintage submariner (beautiful piece) and he started opening up a bit more. He showed me a 5524G, which I really like since I love GMT and Pilot watches. It's a bit of a reach for me but I really did like it. He showed me some other pieces which were cool but I think the 5525G was the one I loved the most.

He mentioned they had a preowned 5525G also and it was a good 7k cheaper. Also showed me some other crazy pieces (GMT Master II with Ruby and Sapphire bezel).

It was a nice experience and I told the sales person I'd have to think about it because it is a lot of money for me and he told me not to worry and to come by even if I don't plan to buy anything just to talk about watches.

So here's my dilemma. I know watches shouldn't be an investment but I got to where I am because I made smart moves, buying watches isn't any different. Are there any other models that I should be looking at that won't take such a huge hit after buying? Suggestions of models to look at would be greatly helpful.

I know this probably won't get me a Nautilus but I'd like to think it would some what help me get on a list. Would buying the preowned 5525G get me towards that or would I have to buy the new one?


Pictures of the watches I got to look at and the preowned Rolex that I though I would never see in real life.

[jamestucker]

Originally Posted by shinne

I never though I would be in a position to get a watch cost as much most people's cars but I having been lucky with getting the hot pieces I wanted to see if I could move my way up to Patek. Story time ahead.

Right now I have all Rolex watches (Hulk,Pepsi, 116710LN) so I'm probably going have to do a cash + trade (Hulk). I was looking for a Daytona to complete my collection but I really doubt I could get one so I've been eyeing a Patek.

I went to the Patek AD (no relationship) and the sales person was kind of cold at first but he could see that I appreciate watches. I mentioned something about his vintage submariner (beautiful piece) and he started opening up a bit more. He showed me a 5524G, which I really like since I love GMT and Pilot watches. It's a bit of a reach for me but I really did like it. He showed me some other pieces which were cool but I think the 5525G was the one I loved the most.

He mentioned they had a preowned 5525G also and it was a good 7k cheaper. Also showed me some other crazy pieces (GMT Master II with Ruby and Sapphire bezel).

It was a nice experience and I told the sales person I'd have to think about it because it is a lot of money for me and he told me not to worry and to come by even if I don't plan to buy anything just to talk about watches.

So here's my dilemma. I know watches shouldn't be an investment but I got to where I am because I made smart moves, buying watches isn't any different. Are there any other models that I should be looking at that won't take such a huge hit after buying? Suggestions of models to look at would be greatly helpful.

I know this probably won't get me a Nautilus but I'd like to think it would some what help me get on a list. Would buying the preowned 5525G get me towards that or would I have to buy the new one?


Pictures of the watches I got to look at and the preowned Rolex that I though I would never see in real life.

There is 5525G in current Patek catalogue.

[Locust]

I would put a nautilus out of your mind. Don’t think any mortal can get one at msrp now. My thoughts on the 5524g is it’s fantastic. I understand what you said about making smart moves, but where is there to go after Patek. I don’t understand why that model isn’t more sought after. Makes no sense to me.

[JR16]

I assume you mean 5524g…. Nice watch , unlikely to hold/appreciate value like the PP nautilus/aquanaut lines , and I don’t think buying it pre owned will get you very far in your relationship w PP, but perhaps further than not buying one at all.


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[jerrym]

Ahh.. you’re at Kern’s.. lol

[Benzsiam]

Pre-owned 5524G should be a lot less than the price that you mention. If you look at the secondary market price for BNIB 5524 is around $45k.

WatchRecon is the good website for secondary market, you can get the idea of the market price.