Curious about Richard Mille

[Sir Larry Wildman]

All - I have been following the Richard Mille daily snapshot thread for some time now. I am absolutely frothing at the mouth to own one. I love them - the look, the exclusivity, etc.

I specifically have my eye on the RM29. I think retail is $75k (that may be before the coming 5% price decrease). But, more importantly, what *should* I be willing to pay for the watch (assuming I buy new from an AD)?

As someone who owns AP and Journe mostly (and my trusty Speedy Pro!), will I untimately be satisified with Mille? I know that's a strange question as it's so personal, but do people who are into "traditional wristwatches" enjoy long-term happiness with a Mille, or is it a passing fancy? That is my number one fear. For something that will depreciate as soon as I walk out of the store, I want to make sure that my ownership of a Mille is a long and happy one... not a flash in the pan.

[denvercenturion]

Well ultimately I don't think you will become unsatisfied with it but the honeymoon phase may end and you may not wear it as often. However, I think it would be an awesome addition to any collection, particularly if your collection consists of classics, it gives you a very avant-garde and different look that allows you to vary your look. It'll definitely be a conversation piece as well.

If it were me, I would be happy long term with it because it would be so different from the rest of my collection I wouldn't have any fear of wanting to get rid of it. Also life is short and shit happens so if you have the means, just do it and be happy about it!

[texex91]

RM's are amazing watches and you'll love it. I would caution on 29, as unless you are getting a substantial discount (>30% off), I wouldn't head down that path. Nothing wrong with 29, but certainly not an extremely popular piece, which if you do decide to exit, could be painful (unless purchased extremely right on the front side).

I would stick with 011 Massa if I were you for your first piece. My .02.

Are 011's hard(er) to find new, yes. But there's a reason for that and why AD's have plenty of 29's.

Love that you are coming to join us in RM.

[Sir Larry Wildman]

Paul - what's the rationale for the 011 versus the 029? Are you speaking to which will hold value on the secondary market better if I decide to flip?

For Mille, I like the look of the non-chronos a touch more (although I still need to try them all on). Which of the non-chronos makes for a good first piece in your opinion? I know you are one of the preeminent RM experts around these parts!

[texex91]

Originally Posted by Sir Larry Wildman

Paul - what's the rationale for the 011 versus the 029? Are you speaking to which will hold value on the secondary market better if I decide to flip?

For Mille, I like the look of the non-chronos a touch more (although I still need to try them all on). Which of the non-chronos makes for a good first piece in your opinion? I know you are one of the preeminent RM experts around these parts!

"Preeminent" expert is solely reserved for conkers (Roger).

No worries on liking non-chronos. My thoughts are solely around exit. Please get at least 30%+ off and sleep better at night.

HUGE congrats in advance (and check out 35 and 55). Once you get the first RM it's addicting and your other watches will be ignored

[s14roller]

Non-chrono probably want to look at Nadal/Bubba

[conkers]

The 29 should be had for at least 30 per cent off. As Paul has mentioned if resale is a consideration then the 11 has better liquidity. I would try all the options carefully before taking the plunge. First RM always special we look forward to hearing your progress!

[Sir Larry Wildman]

I actually love the 35. Is 30% the target there too? What is retail on the 35?

[Lordofrolex]

RM is an amazing watch. At this point in my life i don't see myself getting one though. Yes, its probably the best sports model watch on the market. But after owning my first gold watch i cant see myself buying anything for that price that isn't a PM model. Plastic feels good but gold feels even better.

But if you have the means i say go for it. I don't see many RM in the wild but when i do i usually say to myself. "That man right there is a bad ass and no one in this place even knows it"

[texex91]

Originally Posted by Sir Larry Wildman

I actually love the 35. Is 30% the target there too? What is retail on the 35?

$120K retail.

Originally Posted by Lordofrolex

RM is an amazing watch. But after owning my first gold watch i cant see myself buying anything for that price that isn't a PM model. Plastic feels good but gold feels even better.

But if you have the means i say go for it. I don't see many RM in the wild but when i do i usually say to myself. "That man right there is a bad ass and no one in this place even knows it"

First, obviously RM makes PM models (some amazing ones actually), but you must be referring to PM bracelet. As you stated RM makes sports watches, and a PM bracelet is not needed.

Second, you will probably never see one in the wild. People don't buy RM to worry about what others think or to impress anyone...no need.

[el1125]

Originally Posted by s14roller

Non-chrono probably want to look at Nadal/Bubba

This. RM 35 or RM 55.

[el1125]

Assuming you don't want the RM 11

[el1125]

Assuming you don't want the RM 11

[Lordofrolex]

Originally Posted by texex91

$120K retail.



First, obviously RM makes PM models (some amazing ones actually), but you must be referring to PM bracelet. As you stated RM makes sports watches, and a PM bracelet is not needed.

Second, you will probably never see one in the wild. People don't buy RM to worry about what others think or to impress anyone...no need.

Actually I've seen two in person. I am from LA. Not saying the person who has the watch feels bad ass. I'm saying other people would never know. Example: I was in Hermes buying something for the girlfriend. Probably took about 30 mins for anyone to even come and help me. As the sales people are probably the most stuck up sales people I've ever met. Saw a guy walk in with shorts and t-shirt. Wearing an RM. I thought to myself this guy probably going to wait 30 mins to get helped with no one knowing this guy can probably buy anything in store without blinking. Probably most expensive thing in the store probably 30k. So yet again my point is the under statement of the watch but the true power it holds to someone who know what it is.

And yes I'm talking about a PM bracelet. I know RM makes PM models.

[Star Ferry]

Originally Posted by texex91

$120K retail.

Second, you will probably never see one in the wild. People don't buy RM to worry about what others think or to impress anyone...no need.

How can we know for sure why people buy Richard Mille? You might not be trying to impress anyone, but plenty of RM customers probably are.

I've seen over a dozen in the wild in HK and Shanghai. Once saw three in the span of an hour while shopping at a high end mall.

Is this 500,000 euro Jackie Chan model a product designed for true connoisseurs?

[Abdullasaif]

For a RM i would honestly take my time with extensive research and pick one i really really love not want or like. What I've experienced is the brand is a make or break type of watch, if your starting off with an RM i wouldn't start with a rm29

[texex91]

Originally Posted by Star Ferry

How can we know for sure why people buy Richard Mille? You might not be trying to impress anyone, but plenty of RM customers probably are.

I've seen over a dozen in the wild in HK and Shanghai. Once saw three in the span of an hour while shopping at a high end mall.

Is this 500,000 euro Jackie Chan model a product designed for true connoisseurs?

You were assuming they were all real...but yes of course one will see them in high net worth areas like HK. The bigger question is how many Rolex did you see the same day? 1000? That is my point.

Owning a RM and talking with fellow RM owners, the ones I know at least, are not a show off group. Do they like (expensive) toys, yes. There are exceptions as with any brand. RM is a 5th or 10th or even 50th watch for many RM owners. The one you point out is merely a novelty watch that someone would buy to have and wear once in while. That is not a daily watch.

Anyways, glad you see them in HK--not a surprise. And for the person in LA, if you're hanging in BH, that makes sense. Unfortunately, there are MANY fake RM's out there, and unless you have a good look at them (or are an RM expert) you will not know.

I've never seen one in the wild in all of my global travels, but maybe I'm not looking close enough.

Net/net killer watch, OP should really figure out what he wants, try them on and don't buy RM to just buy an RM, rather buy it because you really love the watch (brand, looks, function, history, etc).

Enjoy the hunt

[jschmidtdmd]

Well said Paul!

[GB-man]

Just here to arbitrarily vote for a 35 as if it was in my budget I wouldn't have left without it!

[tom2517]

Get as much discount as you can, as RMs are overpriced for what you are getting.

But they are cool no doubt.

[texex91]

Originally Posted by tom2517

Get as much discount as you can, as RMs are overpriced for what you are getting.

And you know this how exactly? Please articulate your expertise on this.

- Have you owned one?

- Have you been to their facility to see them being made?

- Do you even know how they are made?

- Have you spent anytime talking to the execs to understand the R&D that actually goes into their watch?

No?

I have a feeling you're like many that get caught up on price, yet really have zero clue about RM.

But enlighten us...this should be fun. As I recall you are a Hublot or Uwerk lover.

And yes, like ANY watch, get the best price. Duh.

[Abdullasaif]

Originally Posted by tom2517

Get as much discount as you can, as RMs are overpriced for what you are getting.

But they are cool no doubt.

But your profile pic is a urwerk

[Watchurself]

Originally Posted by Abdullasaif

But your profile pic is a urwerk

[1st amg]

Silence is in the air.....very very quiet Tom.


Sent from my iPhone using Tapatalk

[Lordofrolex]

If you have the means and want the ultimate sports watch. Its a no brainer. Personally i would buy a couple PM model rolexes instead of an RM. But i respect anyone who would make the plunge.

Also, i disagree its an overpriced watch. Its for a specific market and that type of customer loves it. When you get one make sure to post it on here. And i also think you should get whatever you want. Everyones going to have there own opinion on whats the best first RM. The best one is the one you like the most.

[texex91]

Originally Posted by 1st amg

Silence is in the air.....very very quiet Tom.


Sent from my iPhone using Tapatalk

Crickets.

[themaninblack]

Originally Posted by Lordofrolex

If you have the means and want the ultimate sports watch. Its a no brainer.

Well not quite. You have to actually like the watch, lest somebody just buys it for the cachet of owning the brand. I respect the brand and quality but don't love the look, which is certainly polarising.

Btw to those who say they never see them in the wild, my ex-neighbour had two of them so I didn't have to venture far into the jungle to see one.

[texex91]

Originally Posted by themaninblack

Btw to those who say they never see them in the wild, my ex-neighbour had two of them so I didn't have to venture far into the jungle to see one.

Cool--like your jungle.

In the US not a dime a dozen like most brands.

[conkers]

RM is now the must have watch amongst the young wealthy in Jakarta and to an extent Singapore and Manila. It's a tragedy. Still they tend to do go for the white ones and the jewelled ones, which leaves the nicer ones for me, so that's fine.

[texex91]

Originally Posted by conkers

RM is now the must have watch amongst the young wealthy in Jakarta and to an extent Singapore and Manila. It's a tragedy. Still they tend to do go for the white ones and the jewelled ones, which leaves the nicer ones for me, so that's fine.

Excellent...let them have the jeweled pieces.

Interesting to hear how RM is now into the wealthy younger group in Asia.

We can always count on Roger to have the nicer ones...oh yes