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He is passionate about Formula 1 and regatta races, he makes his way around the world in high-end private jets, he hangs out with celebrity actors and athletes, and he loves and always wears Richard Mille watches. The root cause of the increased value in Richard Mille watch prices is due to supply and demand. For over a decade, the Swiss manufacturer has been working closely with the tennis star to produce extraordinary watches, including the RM 035 and RM 27-03. Richard Mille is also blazing trails when it comes to movement technology. One example is 2007's RM 011 Felipe Massa. 6. That means there is global demand and a very limited supply. Theyve done a fantastic job of creating a major sense of exclusivity. He rose through the ranks, eventually running the entire watchmaking operation. Elsewhere in the sports world, tennis legend Rafael Nadal has made headlines by wearing his Richard Mille watches during matches. An extremely important ultra-lightweight carbon composite tourbillon wristwatch with box, signed Richard Mille, Rafael Nadal model, ref. Richard Mille watches only adorn the wrists of the most elite members of society. The aesthetics are unapologetically bold and distinct. Case: 38 mm wide, 45 mm overall length. RN01, circa 2017. Each of the ten models feels like walking into a candy store. $ 3,377. It features a tourbillon, 70-hour power reserve, and can survive up to 10,000 g's of force unscathed. The micro-engineers at Richard Mille are truly next-level. 11 Most Expensive Richard Mille Watch Models | TheRichest In 2019, Tolman Motorsport ran a pair of McLaren 570S GT4s with Richard Mille as a sponsor. [46], In 2004, Richard Mille launched the RM 006 Felipe Massa Tourbillon, which weighed 48 grams excluding the strap,[47] in 2005 the 29g RM 009 Felipe Massa Tourbillon. Find out how much your property is worth. Its baseplate and bridges are titanium and shaped like a human skull. Richard Mille uses diamonds and titanium for the dial's other elements. Former Formula 1 driver Felipe Massa was one of Richard Mille's first brand ambassadors. He was wearing the watch when he won his first US Open tournament and the ninth Grand Slam title of his career in 2010. It was a tourbillon timepiece unlike anything the watch industry had ever seen. 41 listings including promoted listings. Richard Mille RM 035. from $382,251. This three-hand watch has the standard set of hands and a date display at 7 o'clock. The cheapest Richard Mille watch is a $60,000 RM 016 Extra Flat. Richard Mille produces high end watches in very limited numbers. Be one of 4,000 successful private sellers each month. Each of the ten models feels like walking into a candy store. 18K White Gold RM023 - MON-00472 095 - COM003311, Rose Gold complete with Papers MINT Condition, Rm11-03 Full Rose Gold Chronograph Skeleton Arabic Dial 2020 FULL SET, Bubba Watson Grey Boutique Limited Edition Of 50 Pieces Titanium RM055 - COM003132, 2022 Automatic Winding Lifestyle Flyback Chronograph RM72-01 White Ceramic Unworn, RM67-02 Alexis Pinturault Edition White Carbon TPT Unworn Carbon RM67-02 - COM003345, 67-02 Sebastian Ogier Automatic TPT Quartz, FM Felipe Massa Le Mans Classic Titanium AJ TI, Felipe Massa in Titanium on Black Rubber Strap with Openwork Dial, Rose Gold Boxes White Rubber Deploy Clasp Automatic RM010 Selfwinding, Bubba Watson Americas Edition RM 055 AN TI AMERICAS, Automatic 18k White Gold Skeleton dial RM05 - 100% Complete Oct 2010, RM39-01 Aviation Flyback Chronograph large date calendar Titanium on Strap with Finition Dial, Automatic Flyback Chronograph Dual Time Zone RM11-02 RG, Information about the ranking of search results, Richard Mille: Exclusive High-Tech Watches, Prices at a Glance: Richard Mille Watches, The RM 65-01 With a Split-Seconds Chronograph, RM 004 and RM 005: Split-Seconds Chronograph and Time-Only, The RM 011: For Felipe Massa and Roberto Mancini, Robust: Rafael Nadal RM 035, RM 27-03, and RM 27-04, Round and Rectangular Richard Mille Watches, Watch with original box and original papers, State-of-the-art in-house calibers with a tourbillon, chronograph, or GMT function, Extremely light and robust thanks to revolutionary materials, Exclusive special editions with the potential to increase in value. The color scheme is a nod to the flag of Nadal's home country, Spain. The manual caliber RM 52-05 is the model's beating heart. A Richard Mille watch price is universally worth more on the pre-owned market compared to when bought new. It accurately displays the hour and minutes and has a date window at 7 o'clock. The latter was created for the current manager of the Italian national soccer team and can be used to keep track of the length of a full soccer match, including injury time. Richard Mille watches are technical masterpieces. The domed sapphire crystal functions as a dial while also offering an unimpeded view of the skeletonized movement below. You know if you have a Richard Mille that only other people like you can afford one. Some versions even feature diamonds. Richard Mille uses diamonds and titanium for the dial's other elements. Prices for Richard Mille watches largely depend on the materials used and the movement's functions. Richard Mille Gray Black Textile Strap for RM 29 Long Size OEM. What's more, its barrel-shaped case and heavily skeletonized dial look very futuristic and have set the standard for the designs we see today. It specialises in transfers and the decoration of watch movement components (galvanoplasty, electroplating, etc. It has become the highest status symbol in the watch industry, right alongside Patek Philippe. The average Richard Mille watch costs approximately $200,000 at retail MSRP. Just, Richard Mille Cost a Lambo Hottest Richard Mille Watches, Richard Mille RM11-02 Jet Black Limited Edition Watch Review, Richard Mille RM 011 Black Phantom Flyback Chronograph Watch, in-depth review of this Black Phantom Richard Mille RM 011. In early 2020, Richard Mille introduced another round model, the RM 33-02. As of spring 2021, this reference was selling for about 975,000 USD. Prices for Richard Mille watches largely depend on the materials used and the movement's functions. Case: 39 mm wide, 48 mm overall length. This 47.25 x 38.4-mm timepiece is truly extraordinary. The mission was to push high-end, handmade watchmaking to the very limits of technical innovation. An exceptional and unique prototype blue TPT quartz and carbon nanofibre skeletonised split-seconds chronograph tourbillon wristwatch with 30-minute totaliser, power-reserve, torque and function indicators, signed Richard Mille, ref. Expect to pay significantly more for a timepiece that combines exclusive materials with extraordinary complications. While this limited-edition watch may be lightweight, its price is anything but. Malaysian actress: Richard Mille developed the Richard Mille RM 051 Phoenix-Michelle Yeoh. This is undoubtedly a tricky business model, but Richard Mille pulled it off remarkably well. Besides the materials themselves, the finishing techniques are exquisite. Many models are produced in a limited edition as well, which amplifies this effect. Richard Mille watches are crafted using materials that are rarely, if ever, utilized in watchmaking. The entire production run of 80 units sold out almost immediately. This two-hand watch with a separate power reserve and torque indicator is extraordinarily shock-resistant for a tourbillon watch. Richard Mille RM 005 | Chrono24.com This display lets you know what mode the crown is in: "W" stands for winding, "H" represents hands (meaning you can set the time), and "N" for neutral indicates that the watch is ticking normally. This brings us to the purpose of todays topic: Why are Richard Mille watches so expensive? How Much Is A Richard Mille Worth. Become a Chrono24 dealer Free Appraisal What is your watch worth? The luxury watch community is smart, no questions about it. The movement comes with a function selector at 4, a 30-minute counter at 9, and a torque indicator between 10 and 2 o'clock. In early 1999, Richard Mille and Dominique Guenat drew up their plans and the basis for the Richard Mille brand in partnership with Montres Valgine and Audemars Piguet[11] Over the next two years, they defined their brand concept, then began designing watches. The Richard Mille team took a different approach to horology than we are used to seeing in the classical world of Geneve. Alexis Pinturault, a Richard Mille partner since 2014", "Nafi Thiam, championne dheptathlon, fait son entre chez Richard Mille", "Best Watches of 2012: Richard Mille 051 Phoenix-Michelle Yeoh", "Richard Mille, ascension perptuelle pour une marque star", "Richard Mille set for 30% increase in production over two years", "Richard Mille, l'innovation au service de la montre de luxe", "Richard Mille: chiffre d'affaires en hausse de 20%", "Richard Mille laureate in the category Entrepreneurship", https://en.wikipedia.org/w/index.php?title=Richard_Mille&oldid=1147334590. While Williams is perhaps best known as a singer, producer, and fashion designer, this watch looks to the cosmos for its inspiration. It demanded a six-figure price of $135,000 as soon as it hit the market. While it is cool to say these watches have special materials, it is actually done because it has functionality and purpose. An extremely fine and very rare sapphire split-seconds chronograph wristwatch with tourbillon and power reserve, signed Richard Mille, prototype, no.2, ref. And if you ask people why it is so expensive, they can also state the Richard Mille slogan this is A racing machine on the wrist. Thanks to state-of-the-art materials, they are nearly indestructible. The watch had a tourbillon calibre, a power-reserve indicator, and a torque indicator. The concept for the Richard Mille brand was to bring watchmaking up to speed with the 21st century. Sold for CHF 1,108,800on 6 November 2022 at Christies in Geneva. The prototype RM056 (below), which sold for $1.2 million at Christies in 2017, contains probably the most complicated movement to have appeared in a Richard Mille watch to date one that it shares with the RM008, which was the first reference to pair a split-seconds chronograph with a tourbillon mechanism. The movement parts are usually made of a special alloy that consists of about 90% grade 5 titanium, 6% aluminum, and 4% vanadium. Richard Mille RM 005. House prices in PE12 0PW. Cases made of carbon or quartz TPT are formed by stacking layer upon layer of wafer-thin material and then heating it to 248F (120C) so that it melts together into a single unit. How much is a real Richard Mille watch worth? . Richard Mille teamed up with North Thin Ply Technology (NTPT),[28] producer of lightweight pre-impregnated materials used in sailing and Formula 1, to produce the RM 27-02 Rafael Nadal in Carbon NTPT and Quartz TPT, and the RM 11-03 McLaren. The brand has always invested in automobile events, becoming in 2002 the partner of the Le Mans Classic. In late 2019, Richard Mille introduced the RM 11-04Automatic Flyback Chronograph Roberto Mancini. The demand far exceeds the supply each and every year, which keeps people craving for more. This page was last edited on 30 March 2023, at 08:12. Richard Mille really was a pioneer when it came to understanding that modern watchmakers want to see the movement of a watch. Richard Mille RM 011. Richard Mille launched the "RM11 Felipe Massa Rose Gold and Titanium."[74][75]. While that is not exactly a small number, especially for such a young brand, it does keep things very exclusive. Richard Mille Watches | Chrono24.com The case is available in your choice of titanium, rose gold, or white gold. Become a Chrono24 dealer Free Appraisal What is your watch worth? "[4], After studying marketing in Besanon, Richard Mille (born 13 February 1951, Draguignan, France) started work at Finhor, a local watchmaking company in 1974. The life he lives is authentic and a perfect representation of the inspiration behind the watches. An exceptional and unique prototype blue TPT quartz and carbon nanofibre skeletonised split-seconds chronograph tourbillon wristwatch with 30-minute totaliser, power-reserve, torque and function indicators, signed Richard Mille, ref. IN DEPTH: How much watchmakers pay to keep Formula 1 on track In late 1998, Mille presented his plans to his friend Dominique Guenat, owner of Montres Valgine (Guenat SA - Montres Valgine),[10] whom he met in 1988 while working in Besanon for Compagnie Gnrale Horlogre (CGH) and with whom he worked on watches for Mauboussin. 2017: Richard Mille received the 2017 Prix Gaa award in the Esprit d'entreprise (entrepreneurship) category from the Muse international d'horlogerie in La Chaux-de-Fonds. While it uses the same materials as the previous Mancini model, it combines the colors of the Italian flag with the shade of blue worn by the country's national team, also known as the "Azzurri." The final watch is very light and robust. Prices depend on the case material and fall between 158,000 and 244,000 USD. Fewer than 5,000 Richard Mille watches are made annually. The sandwich-style watch case is extremely costly and complicated to manufacture. A unique 18ct white gold skeletonised tourbillon wristwatch with blue and gold mineral-set wheels and box, made to commemorate the 150th anniversary of Boucheron, signed Richard Mille, ref. [14] The case showed the mechanism. When did Rafael Nadal's partnership with Richard Mille start? - Sportskeeda You can call this time-only watch your own for about 80,500 USD. One entry-level model is the rose gold RM 033. Browse Rafael Nadal Watches on Chrono24 After about a decade, Mille left Matra (which by then had been acquired by Seiko) and took on a position leading a new watchmaking endeavor by Mauboussin, a jewelry firm looking to get into the luxury watch market. The RM 011 went on to form the foundation of an entire series of sporty chronographs, including the RM 11-02 with a GMT function and the RM 11-01 Roberto Mancini. Richard Mille watches are technical masterpieces. Its distinctive barrel-shaped case measures 45 x 38.5 mm and is available in rose or white gold. [55], The Porte-Bonheur Clock was presented to Quebec City by the Republic and Canton of Jura and the Richard Mille brand in 2014 to celebrate its 400th anniversary. Currently races in, American music producer and singer-songwriter. by Sam Coleman | Feb 3, 2021 | Jewelry Store Boca Raton | 0 comments, Although Richard Mille has only been around for a couple of decades, thanks to their craftsmanship, ingenuity, and overall idiosyncrasy, they have taken the high-end luxury watch world by storm. An exceptional and unique personalised quartz TPT and carbon skeletonised tourbillon wristwatch with box, signed Richard Mille, Rafael Nadal model, ref. Today, these watches are among the most exclusive the industry has to offer. For example, in 2019, the company partnered with Pharrell Williams to create the limited-edition RM 52-05. He also said the retail price is around $3 million, though the actual value is "way more.". Prices vary by edition and range from 54,500 to 95,500 USD. You can switch between modes using a button integrated into the crown itself. Case: 42 mm wide, 50 mm overall length. . While its case is rose gold, the manufacturer crafts its bezel and case back out of carbon TPT. Discover the Rolex Submariner with our hands on review, expert buyers guide, why its so popular, and what to know about vintage Submariners. This skeletonized movement comes with a titanium micro-rotor. While the RM 004 lacks a tourbillon, it more than makes up for it with a high-precision split-seconds chronograph. Whether it's the extreme conditions on the F1 race track or the force of Nadal's backhand, timepieces from Richard Mille are more than up to the task. They are light in weight, using materials including grade 5 titanium, LITAL, Carbon TPT, and graphene. Whether you like the watches or not, just knowing that someone has that much money to drop on a watch is impressive. The helmet itself is titanium, while the alien planet is comprised of layers of enamel. Furthermore, it boasts a chronograph function and tourbillon at 6 o'clock that also serves as the small seconds dial. Forsey and Greubel founded the company Greubel Forsey in 2004. Its dial and case are a colorful mix of premium materials. Richard Mille. One of the latest additions to the Richard Mille catalog is the RM 65-01 Automatic Split-Seconds Chronograph. Richard Mille watches start at around $80,000 USD and go up to several million dollars in price for some of their more exotic timepieces. These metals and materials have new compositions that are unknown to watchmaking. Ultra-flat automatic caliber with hours, minutes, date, and function indicator. If you make a ton of watches every year, it loses some of its mystique. The very first model, the RM 001 Tourbillon, set the bar very high. Automatic gold calibre with hours and minutes. Richard Mille. Richard Mille. Use Rightmove online house price checker tool to find out exactly how much properties sold for in PE12 0QL since 1995 (based on official Land Registry data). Richard Mille retail prices range between $60,000 $1,300,000 MSRP. Materials, complications and limited edition collection are all contributing factors to the price the Richard Mille watch is worth. With 300 m (30 bar, 984 ft) of water resistance and a unidirectional bezel, this timepiece is a diving watch through and through. You can read an in-depth review of this Black Phantom Richard Mille RM 011 to learn all about it (plus, it includes super sexy pictures of South Florida model Alexa Collins rocking it for a photoshoot!). The RM 002-V1 has a plate made of grade 5 titanium, while that of the RM 002-V2 is carbon. [104], In 2021, the magazine of watch reseller Chrono24 labelled Richard Mille watches as "not worth the hype," noting that one such wearer was robbed in Beverly Hills of the watch and suffered four gunshots and a trip to the hospital, and while such incidences were rare, they were another "unwanted aspect" of the watches. For example, the case is made of highly robust brown Cermet, which is as light as titanium and as scratch resistant as ceramic with a hardness of 1,200 vickers. Prices for a mint-condition model sit around 268,000 USD. This watch also improves upon its predecessor's acceleration resistance and can withstand up to 12,000 g's. Richard Mille doesnt just use hi-tech materials for the construction of the case, but the movement does as well. Strong prices on the secondary market and auction reflect just how powerful this brands value is. The same amount of technical finesse and care goes into choosing the right materials and finishes for these models as is put into the classic, barrel-shaped watches. Nadal's most recent watch of choice is the RM 27-04, which debuted in September 2020. The watch was the lightest tourbillon ever made due to its lithium aluminium movement and carbon nanotube case. They then founded Horomtrie, their operating company for the new Richard Mille brand, as equal partners, which was registered on 23 October 2001 in the Swiss registry of commerce,[12] and created the Richard Mille watchmaking brand in collaboration with Swiss watchmaking manufacturer Audemars Piguet, which became a Richard Mille shareholder in 2007. This holds true for both new watches at retail and on the secondary watch market. Since 2013, Richard Mille has sponsored the Open de France Dames golf tournament. The only difference between these models is the material used for the base plate. Prices for Richard Mille models range from roughly $80,000 to several million dollars for their more unusual models. Searching for unnecessary frills on a Richard Mille movement will be in vain. The RM 002-V1 has a plate made of grade 5 titanium, while that of the RM 002-V2 is carbon. The manufacturer has limited this watch to a run of 140 pieces and pairs it with a black rubber strap. The ultra-flat RM 67-02 was customised for the athlete and, with the strap, weighs just 32 grams (116,000). With Milles extensive, technical experience and progressive mindset, the Richard Mille brand did exactly that. It also has a high resistance to heat and humidity both important for life on the tennis court. Its automatic caliber is built atop a titanium baseplate and features Richard Mille's variable geometry rotor. HOW MUCH DO RICHARD MILLE WATCHES COST? Versions made from unusual materials like quartz TPT and carbon TPT demand significantly more. Entry into the Richard Mille club will run you around $80,000. This skeletonized movement comes with a titanium micro-rotor. Here, we explain why, illustrated with watches offered at Christies. Another version of this timepiece, the RM 16-01, is available in the colorful Bonbon collection. The RM. Price. Overall, hand-made watchmaking of this calibre is extremely laborious and it involves the highest level of technical mastery, which is one aspect of why Richard Mille watches are so expensive. This is achieved via a sapphire crystal disc with printed black numerals. Find out how much your property is worth. Richard Mille RM 005 " Richard Mille watches RM 005. The RM 33-02 sells for around 183,000 USD on Chrono24. The manufacturer equips this model with the automatic in-house caliber RMAC3, which has a flyback chronograph, an annual calendar, and an oversized date. However, perhaps the most remarkable thing about this watch is its cable-suspension mechanism that crisscrosses the dial like the strings of a tennis racket an effect enhanced by the use of sapphire crystal on the front and back. Fans of bright colors will enjoy the watches in the Bonbon collection. You can call this time-only watch your own for about 80,500 USD. While it uses the same materials as the previous Mancini model, it combines the colors of the Italian flag with the shade of blue worn by the country's national team, also known as the "Azzurri." First in-house automatic caliber with hours, minutes, big dates, and function selector. Most of the work is done by hand! The RM 57-01 watch measures 42.7mm wide by 50mm long and 14.1mm thick. This display lets you know what mode the crown is in: "W" stands for winding, "H" represents hands (meaning you can set the time), and "N" for neutral indicates that the watch is ticking normally. These watches are strictly limited in number and cost roughly 213,000 USD new. UK. Theyve done a fantastic job of creating a major sense of exclusivity. 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. Just the dial alone, or the lack thereof, is mind-bogglingly complex. What we can say is, a Richard Mille gives you a special feeling, almost like a huge ruby or sapphire does. Sold for CHF 1,554,000on 6 November 2022 at Christies in Geneva. Plan to spend around 329,000 USD on this watch in very good condition. It builds on the functionality of the RM 002 by adding a second time zone. Elsewhere in the sports world, tennis legend Rafael Nadal has made headlines by wearing his Richard Mille watches during matches. A unique and highly important 18ct pink gold wristwatch with one-minute tourbillon, torque and power-reserve indicators, signed Richard Mille, ref. At the other end of the spectrum, you'll find the rectangular RM 016. In early 2020, Richard Mille introduced another round model, the RM 33-02. . Of course, all of this technological mastery comes at a price, namely 774,000 USD. Be one of 4,000 successful private sellers each month. They weigh on average just 40 grams. As for the baseplates and coatings, they are usually treated with PVD (Physical Vapor Deposition) or Titalyt, which is extremely durable and resilient. While its case is rose gold, the manufacturer crafts its bezel and case back out of carbon TPT. Its automatic caliber, the RMXP1, is exceptionally flat at only 2.6 mm thick. One of this watch's most unique features is its rapid winding mechanism, which enables the wearer to wind the movement with a few quick pushes of a button on the case's left side if they haven't worn their watch in a while. [5][6] The company was bought by Matra in 1981, and Mille rose to manage Matra's watchmaking business, which then included the brands Yema and Cupillard Rime. The Truth About Why Are Richard Mille Watches So Expensive? F1's popularity accelerated so much that Ecclestone sold Brabham to take up a full-time job running the sport. So, whether or not Richard Mille watches could or should be priced less is irrelevant. Case: 39 mm wide. Complications, materials, and limited edition collections are all factors that contribute to how much a Richard Mille watch costs. Over a hundred and fifty watches, and even more to count as the present times have allowed Richard Mille to innovate more products for aesthetics and for specific purposes. Become a Chrono24 dealer Free Appraisal What is your watch worth?