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Old 10 October 2019, 10:08 PM   #1
Bearxj86
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The itch - 5524G

All this talk about 5524s making me itchy and hungry. At a potential entry point in the low 30s (if possible) at the summer seasonal trough of the market in October, isn't this an amazing buy? Not to make money but to enjoy as a WIS and retain value ya? I hardly see this going below 30 ever..
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Old 10 October 2019, 10:57 PM   #2
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I paid full retail for 5524R and no regrets. I would do the same again.

Its a piece to enjoy regardless of resale value etc.
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Old 10 October 2019, 11:37 PM   #3
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I personally think this is an undervalued watch at this time. It's come down SO much.

I understand that it's a polarizing piece, but I personally love it. Once you get the OEM strap off of it, it's a very fun piece, with a ton of different looks.

The time travel is an excellent function, and I think this guy creeps back up into the 40s. I actually like it more than the 5164!!!!!!!!!!!!!
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Old 10 October 2019, 11:53 PM   #4
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Originally Posted by jschmidtdmd View Post
I personally think this is an undervalued watch at this time. It's come down SO much.

I understand that it's a polarizing piece, but I personally love it. Once you get the OEM strap off of it, it's a very fun piece, with a ton of different looks.

The time travel is an excellent function, and I think this guy creeps back up into the 40s. I actually like it more than the 5164!!!!!!!!!!!!!
Agree. Very undervalued and I think its a great time to pick one up.
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Old 11 October 2019, 12:09 AM   #5
locutus49
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It is a great watch and if you can get it below the 49K retail, then go for it. I think it will retain value. But make sure you try one on first. It was too big for my puny wrist, and it sits high, like a hockey puck. But it is a gorgeous watch with a useful complication.
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Old 11 October 2019, 12:18 AM   #6
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I must say, it is a fun piece, it's very refreshing to wear and the price is now, in pre-owned pieces, quite appetizing

Consider it's trajectory so far in RRP Vs pre-owned, the former has increased, the later decreased... I'm not a crystal ball enthusiast, but I'd say this is the stable price point. (Take heed Nautilus)

It wears smaller than a 5905, which was something I aspire too... It can be dressed up or down with strap choices, which I do enjoy - as before mentioned, the other travel time watches do seem caught up in the Nautilus/aquanaut hype, which has let this one go by relatively quietly.


It is admittedly Marmite : But then, so were the aquanaut et al.
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Old 11 October 2019, 12:21 AM   #7
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I've got a small wrist so the 5524 is too big for me, but I'd very very much like to see a 7234g.
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Old 11 October 2019, 12:25 AM   #8
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You can't go wrong
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Old 11 October 2019, 12:26 AM   #9
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What we selling?
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Old 11 October 2019, 12:29 AM   #10
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I think my wife's 7234a will look great on my 6.5" wrist.
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Old 11 October 2019, 12:57 AM   #11
Fat_ninja
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I think my wife's 7234a will look great on my 6.5" wrist.
I always thought u had a 6.25” wrist lol
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Old 11 October 2019, 01:15 AM   #12
BigAppleBill
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Originally Posted by bearxj86 View Post
All this talk about 5524s making me itchy and hungry. At a potential entry point in the low 30s (if possible) at the summer seasonal trough of the market in October, isn't this an amazing buy? Not to make money but to enjoy as a WIS and retain value ya? I hardly see this going below 30 ever..
Would this be an add to your collection or are you considering selling the 5170P? Asking for a friend.
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Old 11 October 2019, 02:02 AM   #13
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Would this be an add to your collection or are you considering selling the 5170P? Asking for a friend.
I actually have a 5711 blue 2009 Geneve seal nautilus full set that is in service with HSWA right now that will come back like new and sealed. I picked it up during the HongKong Dealer Fire sale madness of August '19. This may get sold and then I might have some funds to pick up a 5524 or maybe even reacquire a 5522. Also have my eyes on a Journe.

The 5170P will stay at least long enough for Fatninja to feel sorry he ever made that over/under!!!!!
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Old 11 October 2019, 02:03 AM   #14
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The 5524 is not for me no matter at what price:

1) At 42mm it is too large for my wrist and very large for a strap Patek in general.
2) The complication is mostly a gimmick in my view. Travel time math runs in my head no problem and moreover I still have to know the time difference.
3) Dials w one hour hand just look better, less is more. The second one looks like a crutch for people too lazy to add 1+1.

No offense and I know I am the odd man out here... If it was 40mm I could see myself digging a 5522 though.
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Old 11 October 2019, 03:17 AM   #15
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Originally Posted by bearxj86 View Post
The 5170P will stay at least long enough for Fatninja to feel sorry he ever made that over/under!!!!!

Lol


Go pick up a 5320G. I still really like that watch.
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Old 11 October 2019, 03:17 AM   #16
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I picked it up during the HongKong Dealer Fire sale madness of August '19.
What happened with this? Haven’t heard of the fire sale. Still a chance to pickup a piece?
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Old 11 October 2019, 04:00 AM   #17
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I have been tracking my 5524G on chrono24 for about 2 months now. Chrono has this awesome function to show you the price development of a watch over a certain time.
I bought mine for 35K euro and the watch has been climbing slowly but steadily for the last months, the average price on chrono is now 39.500 euro.

I think that the watch will botom out on 35K euro and will not get below that price point. I do not believe the cheapest sellers on chrono as they often post watches they do not actually own
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Old 11 October 2019, 04:46 AM   #18
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Originally Posted by ts3 View Post
The 5524 is not for me no matter at what price:

1) At 42mm it is too large for my wrist and very large for a strap Patek in general.
2) The complication is mostly a gimmick in my view. Travel time math runs in my head no problem and moreover I still have to know the time difference.
3) Dials w one hour hand just look better, less is more. The second one looks like a crutch for people too lazy to add 1+1.

No offense and I know I am the odd man out here... If it was 40mm I could see myself digging a 5522 though.
All these reasons are why I LOVE the 5524 ;). I just don't get the too big argument, this is the smallest watch I have and I have a slightly under 7" wrist. Especially at 10mm thick, it really sits low on the wrist, IMO. The TT, GMT, etc is one of the more useful complications, honestly. When is the last time you actually timed something using a chronograph on a mechanical watch? If you travel away from family/friends, a GMT is great to have!

I bought at 37k USD, so very happy with my purchase, I don't expect to lose a ton of value (no plans to sell) specifically on this reference. I'd expect this to go down (less) as prices soften everywhere.

This thread is missing a pic of this beauty! Have a NATO coming today that I can't wait to try...

IMG_9640.JPG
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Old 11 October 2019, 06:17 AM   #19
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All these reasons are why I LOVE the 5524 ;). I just don't get the too big argument, this is the smallest watch I have and I have a slightly under 7" wrist. Especially at 10mm thick, it really sits low on the wrist, IMO. The TT, GMT, etc is one of the more useful complications, honestly. When is the last time you actually timed something using a chronograph on a mechanical watch? If you travel away from family/friends, a GMT is great to have!

I bought at 37k USD, so very happy with my purchase, I don't expect to lose a ton of value (no plans to sell) specifically on this reference. I'd expect this to go down (less) as prices soften everywhere.

This thread is missing a pic of this beauty! Have a NATO coming today that I can't wait to try...

Attachment 1077146
Very nice. Yes, it is a pilots watch so it looks ok being on the bigger side.
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Old 11 October 2019, 06:46 AM   #20
locutus49
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Now imagine this on a 6" wrist and you will understand the size concerns. You have a good-sized wrist and it looks big on you.

As for the complication, for those who can do the math in their head it may not serve a useful function, but do any of us use any of the other complications? I would love a minute repeater, but would probably not use it too often once I got tired of playing with it.

It is a good-looking Patek, in my wife's opinion the best looking of any Patek. I hope OP buys one and loves it.

Quote:
Originally Posted by golfski View Post
All these reasons are why I LOVE the 5524 ;). I just don't get the too big argument, this is the smallest watch I have and I have a slightly under 7" wrist. Especially at 10mm thick, it really sits low on the wrist, IMO. The TT, GMT, etc is one of the more useful complications, honestly. When is the last time you actually timed something using a chronograph on a mechanical watch? If you travel away from family/friends, a GMT is great to have!

I bought at 37k USD, so very happy with my purchase, I don't expect to lose a ton of value (no plans to sell) specifically on this reference. I'd expect this to go down (less) as prices soften everywhere.

This thread is missing a pic of this beauty! Have a NATO coming today that I can't wait to try...

Attachment 1077146
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Old 11 October 2019, 06:55 AM   #21
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All this wrist size stuff seems like a tire kicking moment to me..! :) Bought a brand new one last month and no wrist size problems here at all..


90249448-EED1-4E78-8EA5-6D6FB37D3C76_1_105_c.jpeg

8AB3E07C-BE14-490B-9B6A-C95C6235229A_1_105_c.jpeg
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Old 11 October 2019, 01:15 PM   #22
golfski
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Now imagine this on a 6" wrist and you will understand the size concerns. You have a good-sized wrist and it looks big on you.
I do think these look way bigger on wrist in pictures than in real life. I’d probably like it even more if I had a smaller wrist, I actually wish this was 43mm!
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Old 11 October 2019, 03:21 PM   #23
ct.matt
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Ran into a guy with the 37mm RG version at the Century City mall, Jin. It popped! Insane how good it looked on his wrist
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Old 11 October 2019, 03:51 PM   #24
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I like everything about the 5524 but just can't stand the watch pusher.....

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Old 11 October 2019, 05:37 PM   #25
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The 5524 is significantly better value than a 5164R. Better legibility, weight, lume etc. Also much nicer than that incredibly boring 5522 with huge open space on the dial....only negative for me is that the piston pushers stick out a little too much. Slightly shorter be a great watch
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Old 11 October 2019, 09:12 PM   #26
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I think my wife's 7234a will look great on my 6.5" wrist.
I knew you had an angle. Well played.
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Old 11 October 2019, 09:16 PM   #27
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I felt too large for me at 6.5. Wouldn’t mind trying the ladies rg version, just haven’t made it a priority but could be amazing. Can this different shade of rg really make it feminine?
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Old 11 October 2019, 09:52 PM   #28
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Lot of talk about it here now as it is available so it is referred to often, just be sure you like the watch and not that it is easily buyable.
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Old 11 October 2019, 10:16 PM   #29
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I'm really happy with mine. More intuitive than a GMT. Got the Patek kudos, but not drawing all the attention in the Room. Strong lume game.

Only had a couple of different Nautilus' until now in my journey out of Rolex and sports watches...
Been lucky on that level alone, as they aren't easy to get, but I've found, that makes for a long chase and the infatuation dies upon realisation, especially in all the "market hype"...

This 5524 is my first venture into Pateks other offerings and, I must say, I "like it" more for the fact that it called to me, rather than the fact that - Everyone else was calling for it
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Old 11 October 2019, 10:39 PM   #30
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I'm really happy with mine. More intuitive than a GMT. Got the Patek kudos, but not drawing all the attention in the Room. Strong lume game.

Only had a couple of different Nautilus' until now in my journey out of Rolex and sports watches...
Been lucky on that level alone, as they aren't easy to get, but I've found, that makes for a long chase and the infatuation dies upon realisation, especially in all the "market hype"...

This 5524 is my first venture into Pateks other offerings and, I must say, I "like it" more for the fact that it called to me, rather than the fact that - Everyone else was calling for it
This is a good point about the long waits. I’m exhausted and it takes the fun away for me. People say the chase is the fun, I kinda disagree as i fatigue over it
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