How much do a Richard Mille cost?
Prices for Richard Mille watches range from $80,000 to $2 million+. As Richard Mille’s tourbillon watches are extremely popular, we should also note that the tourbillon models cost about $500,000 to $800,000 on average.
Does Richard Mille have resale value?
On the resale market, Mille consistently goes up in value. Hiaeve told Insider he’s seen some go from $100,000 to $120,000, up 20% to 30%, every few months. Not just because they are beautiful, but because they also retain their value.
Is Richard Mille losing value?
Each timepiece by Richard Mille is an incomparable gem with everlasting beauty. Its value, quality, features and designs are largely esteemed by the people of high taste and supremacy. So there is no such claim that its value declines, only that it increases with the time.
Is Richard Mille a bubble?
Richard Mille controls the supply so well and produces so few pieces that they do not end up sitting around. In conclusion, as long as Richard Mille keeps doing what he is doing and controls the supply, there will be no bubble.
How much does a Richard Mille watch cost?
The retail price for this brand usually starts around $80,000 USD and can go as high as a couple million dollars. Richard Mille watch prices can surprise you in all sorts of ways. To put things into perspective, Tourbillon models from this brand cost around 500,000 to 800,000 USD.
What’s the price of a Richard Mille RM 003?
You can reset this display using a button on the left side of the case at 9 o’clock. A mint-condition Richard Mille RM 003 typically sells for around 247,000 USD. Pre-owned pieces demand about 202,000 USD. While the RM 004 lacks a tourbillon, it more than makes up for it with a high-precision double chronograph.
What kind of technology does Richard Mille use?
Richard Mille is also blazing trails when it comes to movement technology. For example, they utilize unusual materials like grade 5 titanium, graphene, aluminum-lithium alloys, and carbon. Richard Mille’s master watchmakers develop a new movement for every model, beginning with the base plate and finishing with a new type of shock protection.
What does Richard Mille do for a living?
Richard Mille also supports the arts by teaming up with extraordinary musicians, composers, and actors. For example, in 2019, the company partnered with Pharrell Williams to create the limited-edition RM 52-05. Only 30 copies exist of this timepiece, which celebrates Williams’ fascination with the cosmos.