The Cheapest Richard Mille Watches
Watch & Bullion10 December 2017 | 7 min read
If you’re a true watch buff, you will no doubt have heard of the luxury Swiss watch brand Richard Mille. The precision watch company was founded in 1999 by the man himself, Richard Mille; setting off in collaboration with timepiece legends Audemars Piguets to target the top of the high-end, luxury watch market. Because of that luxury, the vast majority of the watch market wonders what’s the cheapest Richard Mille.
I know what you’re thinking – ‘Pfft, a cheap Richard Mille, you’re joking right?’
With some of the most expensive Richard Mille pieces coming in at over £2 million, looking to purchase a cheaper model in the range can be a tough task.
With that established, let’s tackle the question on everyone’s mind…
2022 update – When we originally wrote this article in 2019, the Richard Mille landscape was very different. You could find some RRP prices online with relative ease and there were real differences in the pre-owned price that led to some great bargains (relatively)… Since COVID, Richard Mille production has dramatically slowed, causing pre-owned prices (which we quote in this article) to nearly double – while it was a little tongue in cheek before, a truly ‘cheap’ Richard Mille definitely doesn’t exist in 2022!
- Why Are Richard Mille Watches So Expensive?
- The Cheapest Richard Mille Watches
Why Are Richard Mille Watches So Expensive?
To start off, the materials used in any Richard Mille watch are truly second to none. The cases are only manufactured using Gold and Titanium, mixing in some Carbon and Quartz infusions to give another level of quality and resilience to the lucky owner.
Richard Mille watches really show their class in their groundbreaking design – utilizing the sort of engineering typically seen within Formula 1 cars and aerospace projects. The brand is always working to push the boundaries, employing curved edge surfaces for micrometer precision.
As if the exteriors weren’t enough, Richard Mille watches also pioneer groundbreaking 21st-century mechanics to turn timekeeping into a true art form. The movement inside any Richard Mille watch is made entirely by hand and operates with the highest of accuracy.
With the Richard Mille range setting a new standard in luxury watchmaking, it’s really no surprise they can demand those high price tags. So, are there really any true bargains out there when it comes to this Swiss heavyweight?
Let’s take a look at Richard Mille watch prices…
P.S. if these still aren’t cheap enough for you, take a look at some cheaper alternatives to Richard Mille.
Richard Mille RM 016
Perhaps the cheapest Richard Mille watch comes in the form of the RM 016. This piece is known worldwide as the ‘Ultra Thin’ due to its paper-like design. At only 8.25mm thick, it truly lives up to the nickname and comes in Titanium and Rose Gold.
The all-titanium construction delivers a classic look, with Richard Mille’s square-ish case design something you’ll be used to by the end of this article. An RMAS7 movement powers the whole thing, delivering 55 hours of power reserve for this automatic masterpiece.
The good news is, you won’t need as much cash in the bank to get your hands on an RM016. $85,000 should be enough to get you started, with prices for the diamond-encrusted 18k gold version getting as high as $170,000.
Richard Mille RM 005
At around $130,000 pre-owned, the RM 005 is a popular choice at the lower end of the Richard Mille range and a great place for us to start. Most often found in Titanium or Rose Gold, the piece comes in at a modest 38 x 45mm size with a durable rubber strap to finish.
Due to its popularity, you may be able to find some special edition models on the market, specifically the Felipe Massa edition – but as always, expect to pay a little more.
Richard Mille RM 010
The Richard Mille RM 010 is one of the original Richard Mille watches, but don’t let that fool you, you still need some cash to get one on your wrist. This watch has the classic Richard Mille look and feel with precision engineering at its heart. Supported with a carbon fibre flange, this watch comes in 3 varieties of Rose Gold, White Gold, or Titanium.
At a minimum, you need to be looking to spend around $170,00 to get your hands on an RM010. This is for a pre-owned, entry-level model with prices rising to as high as $200,000 for the best spec and condition.
Richard Mille RM 007
Richard Mille doesn’t just make men’s watches – with its White/Rose Gold case and Sapphire dials, the RM 007 is not short of premium features. Whilst this watch has no James Bond relation, finding one is just as hard with not many left in circulation.
When we first wrote this article in 2019, you could get an RM-007 for around $120,000. Jump through to 2022, and you’ll be shopping in the region of $220,000 for the cheapest Richard Mille in the ladies market. Whilst you’re taking a look, also keep your eye out for the pink or purple variants of the RM007-01 range, they offer a quirky design style for those who like to truly stand out, but as always, expect to pay a little more!
Richard Mille RM 60-01
If you like something with a bit of color, the Richard Mille RM 60-01 could be a great watch for you. It’s colorful design is what makes the full compass/watch setup easy to read and visually impressive. It’s also one of the only circular RM designs too, making it look extra sporty.
The signature feature of this watch though is its flyback chronograph movement, making it the ultimate sophisticated time tracking device. And of course, because it’s Richard Mille, it’s super accurate. All of this comes together for around $170,000. If you want to save a little bit (and I stress, a little) you might be able to pick up a bright yellow brand version for an approximately $5,000 discount.
Richard Mille RM 030
Back to the men’s range, we come to the Richard Mille RM 030. The 030 was designed with performance in mind with its sandblasted, grade 5 titanium makeup. Such is the popularity of this watch, many different special editions have been released, helping to make it a true collector’s item.
Depending on the edition you decide to go for, the RM 030 will set you back anywhere from $240,000 on the second-hand market. The Rose Gold models typically go higher than this at $250,000+, with the diamond-encrusted models easily clearing $300,000.
Some Honourable Mentions
Whilst we have taken a look at the pieces at the lower end of the Richard Mille range, this article wouldn’t be complete without considering the heavyweights. Richard Mille is known for its groundbreaking wristwatches – let’s have a look at the best deals….
Richard Mille RM 50-03
At the beginning of this article, we compared a Richard Mille watch to the engineering magnitude of a Formula 1 car, that wasn’t just a fancy comparison. In collaboration with McLaren F1, Richard Mille created the RM 50-03. This premium wristwatch has put them in pole position with watch and racing enthusiasts alike.
Not only does this watch make you feel fast, it set a world record for the lightest mechanical chronograph watch ever made – all in, it comes to an incredibly light 40 grams. But that’s not all! It was also the first watch to ever use the super durable material Graphene.
Unfortunately, you will have to be on a racing driver’s salary to get your hands on one of these. At the time of release, it sold worldwide at a whopping £1 million. In 2022, finding one of these is like gold dust, and if you do, it’s always a Price on Enquiry basis. Saying that, recently a sale was recorded in France for $1.07m, so there’s hope yet if you’ve got a spare million knocking around.
Richard Mille RM 56-02
Whilst this article is designed to help you find a real bargain, it wouldn’t be fair to Richard Mille or really the world, to not mention this next piece. The RM 56-02 is currently the flagship piece in the Richard Mille range and in all honestly, it’s not hard to see why.
Whilst at first glance it may look like plastic, the RM 56-02 casing is made entirely of Sapphire. Not only that, Mille decided the inside needed to be revolutionary too, suspending the mechanisms within the watch using a pulley system of micrometer thick braided cable.
This pioneering design was first introduced in 2012 through the RM 56-02 siblings, the RM 56 and 56-01 models; it’s fair to say all 3 have truly taken the world by storm. The 56-02 price is staggering, something which you may need to sit down for – $2,020,000!
Not many of the 56-02 are on the market, but if you are looking for a great gift idea, you can grab a 56-01 at around $1,900,000.
Here at Watch & Bullion, we’ve had the pleasure to hold some of the best and the cheapest Richard Mille pieces in the past, take a look here to see our historic collection!