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Old 10 April 2018, 01:51 AM   #1
pam66
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5524G or 5235G?

well, after a week of ownership i am still not completely convinced of the 5524G and i am thinking of selling it (no issues in finding a buyer). it turns out that i could immediately take home a regulator 5235G (at a good discount, the watch is not going strongly at the moment). what is your take? i like the regulator, came close twice to acquiring it but pulled out at the last moment....is it a piece that could become important for PP collectors in the future? currently there are about 50 watches in chrono24, starting at 38500 USD. how do you see the regulator in the future? collectible maybe?
the watch has a great (unique) movement, a nice bauhaus design case and a great dial. still, not much love....
i am a bit unsure here...
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Old 10 April 2018, 03:36 AM   #2
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well, after a week of ownership i am still not completely convinced of the 5524G and i am thinking of selling it (no issues in finding a buyer). it turns out that i could immediately take home a regulator 5235G (at a good discount, the watch is not going strongly at the moment). what is your take? i like the regulator, came close twice to acquiring it but pulled out at the last moment....is it a piece that could become important for PP collectors in the future? currently there are about 50 watches in chrono24, starting at 38500 USD. how do you see the regulator in the future? collectible maybe?
the watch has a great (unique) movement, a nice bauhaus design case and a great dial. still, not much love....
i am a bit unsure here...
nobody here with an opinion?
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Old 10 April 2018, 03:40 AM   #3
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I'd keep the 5524G. I have had it three times and it has 100% grown on me. It's a fantastic watch!
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Old 10 April 2018, 03:41 AM   #4
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I'd keep the 5524G. I have had it three times and it has 100% grown on me. It's a fantastic watch!
this

I really am not a fan of the regulator and i cant imagine it being a collectors piece later. If you really dont like the pilot, i would replace it with something else just not that.... 5990 would be a good option
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Old 10 April 2018, 03:47 AM   #5
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I have both. I prefer the 5235G. Last year an official from Patek told me 5235G was a rare watch and not many were produced compared to others so has the potential to be a collectible in the future. However at the moment 5524G sells slightly above MSRP and 5235G sells significantly below MRSP
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Old 10 April 2018, 03:49 AM   #6
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I'd keep the 5524G
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Old 10 April 2018, 03:51 AM   #7
pam66
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this

I really am not a fan of the regulator and i cant imagine it being a collectors piece later. If you really dont like the pilot, i would replace it with something else just not that.... 5990 would be a good option
no chance for 5990, i checked today. i could get the 5146R but don't quite feel the piece. the regulator has something to it, no? when you look at it, you almost get the feeling that the watch is making fun of you::::)))) like it says: c'mon on, try to read me.....:::))))
and the caliber seems beyond reproach. the case design of the 5524 and the 5325 are quite similar.
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Old 10 April 2018, 03:53 AM   #8
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no chance for 5990, i checked today. i could get the 5146R but don't quite feel the piece. the regulator has something to it, no? when you look at it, you almost get the feeling that the watch is making fun of you::::)))) like it says: c'mon on, try to read me.....:::))))
and the caliber seems beyond reproach. the case design of the 5524 and the 5325 are quite similar.
i love the idea of it, i want to like it because it is unique for sure. Something about it just seems off to me though.
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Old 10 April 2018, 04:10 AM   #9
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i love the idea of it, i want to like it because it is unique for sure. Something about it just seems off to me though.
sorry, meant i could get the 5164R....not feeling it though.
is there something off with the regulator? i think they botched its market intro badly. still, i feel that the 5524, 5522, 5235, 5320 and partly the 5960G certify the courage of PP in trying to find new ways.
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Old 10 April 2018, 04:13 AM   #10
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sorry, meant i could get the 5164R....not feeling it though.
is there something off with the regulator? i think they botched its market intro badly. still, i feel that the 5524, 5522, 5235, 5320 and partly the 5960G certify the courage of PP in trying to find new ways.
Yeah i think its the position of the subdials combined with the AC display location and the Patek branding. It just seems like there had to be a better way to organize all that. Its asymmetrical but not in a way that adds to the design like the 5712.

I like the fact they make it though as i agree its good to push boundaries. Love the 5320 in particular. That would be the one i would get if i could.
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Old 10 April 2018, 04:20 AM   #11
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I'd keep the 5524, I find the regulator a bit faceless, esp when even the Patek font disappears from view.
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Old 10 April 2018, 04:26 AM   #12
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I like the fact they make it though as i agree its good to push boundaries. Love the 5320 in particular. That would be the one i would get if i could.
on order for next year, no chance for this year.....
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Old 10 April 2018, 04:26 AM   #13
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I'd keep the 5524G
+1
Not a fan of the regulator..
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Old 10 April 2018, 05:02 AM   #14
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just asking those with 'don't like 5235', have you seen it in real or just pics? the reason for asking is that i like it a lot on pics but it didn't so much impress me in real life:::)))) this is treacherous because when i look at pics again, i go: woooowww what a great watch and the commotion restarts:::))))
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Old 10 April 2018, 05:11 AM   #15
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tried both on I'd keep the 5524G I love it!
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Old 10 April 2018, 05:35 AM   #16
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I think you are better of with a 5524G than a 5235. I know that for sure. 5235 started really high like the 5524 is right now; its the first Patek regulator. Then afterwards patek had some problems with the movement which they eventually fix. Demand was very high, unfortunately on these days they don't give you too much for it. My friend Mike had one, so maybe he can pitch in later.

Before I bought my 5990, an AD offer me a 5524G and his words were " this is a hot watch right now man" i agree with him 100%. Market is in its favor you won't lose a penny. But in the same token, the pilot line has to establish itself on the market in the same way that any other new line does. Is not the same as when you buy a Nautilus or a Daytona , those lines are not going anywhere.
But 5524 its looking strong my man, time will tell,
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Old 10 April 2018, 05:37 AM   #17
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I owned it at list price $53,600. I love Patek Philippe but they can’t give this watch away BNIB even at a steep discount. It will not be collectible and is lumped in amongst all other ACs that are all slow sellers. Keep the 5524G or take a 1 or 2k loss and live to play another day. If you go to resell the piece you will be lucky to get 33K. Just my 2cents
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Old 10 April 2018, 05:40 AM   #18
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I think you are better of with a 5524G than a 5235. I know that for sure. 5235 started really high like the 5524 is right now; its the first Patek regulator. Then afterwards patek had some problems with the movement which they eventually fix. Demand was very high, unfortunately on these days they don't give you too much for it. My friend Mike had one, so maybe he can pitch in later.

Before I bought my 5990, an AD offer me a 5524G and his words were " this is a hot watch right now man" i agree with him 100%. Market is in its favor you won't lose a penny. But in the same token, the pilot line has to establish itself on the market in the same way that any other new line does. Is not the same as when you buy a Nautilus or a Daytona , those lines are not going anywhere.
But 5524 its looking strong my man, time will tell,
absolutely correct snapshot. in 20 years down the line who knows:::))))) still i like the concept of the regulator, and repeat they botched the market intro. things might be different otherwise.
btw, i believe the 5990 will be a high flier in 5-10 years. just make sure you hang on to the piece. i already have regrets for selling the 5712R:::)))
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Old 10 April 2018, 06:55 AM   #19
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Who knows what the future holds. Right now regulator is not popular but I believe it will be an important piece in the future.
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Old 10 April 2018, 07:28 AM   #20
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I’ve decided to sell my 5524 to get a 5990, but between the 5524 and 5235 I’d take the 5524 any day.

The problem I see with the 5235 is that it’s a little quirky, so a bit of a niche market. That’s fine if you keep production low, and that keeps owners of the 5235 happy when they see the waiting list. But Patek has to produce the 5235 in volume to recover development costs of the new caliber. So your left with a niche product that’s been (relatively) over produced and that becomes a hard sell.
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Old 10 April 2018, 07:34 AM   #21
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Before I bought my 5990, an AD offer me a 5524G and his words were " this is a hot watch right now man" i agree with him 100%. Market is in its favor you won't lose a penny. But in the same token, the pilot line has to establish itself on the market in the same way that any other new line does. Is not the same as when you buy a Nautilus or a Daytona , those lines are not going anywhere.
But 5524 its looking strong my man, time will tell,
Not sure these are hot any more, Watchfinder the big Euro grey always has a few of these so don't think they are moving at higher prices, and I think they are probably offering lower bids now.
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Old 10 April 2018, 07:42 AM   #22
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5524G or 5235G?

Quote:
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Not sure these are hot any more, Watchfinder the big Euro grey always has a few of these so don't think they are moving at higher prices, and I think they are probably offering lower bids now.


So that maybe a yellow light for this particular watch.
I don’t know ,here in America they are still selling pretty good I believe.
But yeah , will see


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Old 10 April 2018, 07:51 AM   #23
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Not sure these are hot any more, Watchfinder the big Euro grey always has a few of these so don't think they are moving at higher prices, and I think they are probably offering lower bids now.
they have them listed at £8k over retail and 2 of the 3 are new (2018 models). They have turned them over pretty recently but yes they always have a couple. They are selling though.

WF bids are low on everything now... SS Rolex, AP, PP. Now that the market is cornered they can increase their margins.
...On a side note my RG44 still has not sold in the time they have turned over several 5524's. I recognize it because of the GP strap so its been sitting since december, so the lower offer was worth it i guess as I still wouldn't want to be trying to sell it myself months later.
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Old 10 April 2018, 08:12 AM   #24
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5524 is a good looking watch and i would enjoy owning one.
not exactly what i think of as a travel watch due to its high value and leather strap (take it off for the pool and shower in strange lands)

5235 i have heard there has been some issues with the movement?
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Old 10 April 2018, 10:56 AM   #25
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IMO the 5524G and the 5235G appeal to a different crowd.

Although categorized as a Calatrava, the 5524G is a fairly large watch and has definitely a sporty feel, appealing to those who like the larger sports watch of Rolex, AP, etc. I have tried on the 5524 at least 3 times and I do like the watch.

The 5235G is more of a collectors watch, mainly for the WIS. The history of the regulator is quite interesting and the design of the hour, minute and seconds hands in a non-coaxial layout is totally different from most watches we know of.

I own the 5235G and love the fact there is nothing like it. But then I personally like watches that are different from other watches and those that others don't always appreciate.

I may get 5524G one day, but with so many pilot's watches out there, I don't think it stands out very much except for the fact that it is made by Patek.

Ultimately I would recommend getting the watch that you enjoy owning and wearing. It doesn't really matter if everyone else here on TRF loves it or hates it, as it is your personal watch.
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Old 10 April 2018, 11:35 AM   #26
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Not sure these are hot any more, Watchfinder the big Euro grey always has a few of these so don't think they are moving at higher prices, and I think they are probably offering lower bids now.
The are about 10 5524Gs available in the UK on chrono24. Some listed slightly below MSRP and some around £ 8K above MSRP. Around 1 year ago we didn't see any 5524Gs listed below MSRP
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Old 10 April 2018, 11:42 AM   #27
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they have them listed at £8k over retail and 2 of the 3 are new (2018 models). They have turned them over pretty recently but yes they always have a couple. They are selling though.

WF bids are low on everything now... SS Rolex, AP, PP. Now that the market is cornered they can increase their margins.
...On a side note my RG44 still has not sold in the time they have turned over several 5524's. I recognize it because of the GP strap so its been sitting since december, so the lower offer was worth it i guess as I still wouldn't want to be trying to sell it myself months later.
Considering this came out to mostly negative reviews I think we are seeing a return to the norm on this model after it got caught up in the 5522 hype. Greys will try to drag out high prices for as long as possible but I think this is going down now, those pushers are still a hard sell.
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Old 10 April 2018, 02:59 PM   #28
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Considering this came out to mostly negative reviews I think we are seeing a return to the norm on this model after it got caught up in the 5522 hype. Greys will try to drag out high prices for as long as possible but I think this is going down now, those pushers are still a hard sell.
when i tried on one before sourcing from my AD, im pretty sure WF had them listed at around £42 now they list them at £44. That was november to april.

I do think there was a bunch of deliveries recently and the market is well stocked from speculators. I would be surprised with many more deliveries this year with them now trying to push the R.

Personally though, as long as it remains relatively close to RRP, im happy. I do think retaining value is important which i think it will. Increasing in value isnt really important to me.
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Old 10 April 2018, 04:24 PM   #29
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when i tried on one before sourcing from my AD, im pretty sure WF had them listed at around £42 now they list them at £44. That was november to april.

I do think there was a bunch of deliveries recently and the market is well stocked from speculators. I would be surprised with many more deliveries this year with them now trying to push the R.

Personally though, as long as it remains relatively close to RRP, im happy. I do think retaining value is important which i think it will. Increasing in value isnt really important to me.
i believe we are talking less about monetary value than the feeling to have a (relatively) rare and appreciated(ing) piece.
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Old 10 April 2018, 04:27 PM   #30
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i believe we are talking less about monetary value than the feeling to have a (relatively) rare and appreciated(ing) piece.
thats true. If it stays rare and its not selling over retail that would make me happier than if it was less rare and selling over retail. I put the 5711 in the second category as there are far more available on the secondary market.

I just want to not see a lot of 5524's around, what they are selling for isnt important.
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