Auction 378 Watches Sale, Including A Precious Tourbillon Collection
Nov 10, 2020
Romania
 5 CA Rosetti Street, Bucharest, Romania
The auction has ended

LOT 92:

Richard Mille RM005 wristwatch, rose gold, men, provenance documents and original box, rose gold 18 k, 45 x 37.8 mm ...

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Start price:
55,000
Auction house commission: 20%
tags:

Richard Mille RM005 wristwatch, rose gold, men, provenance documents and original box, rose gold 18 k, 45 x 37.8 mm, 120 g (gross)
Men's rose gold Richard Mille Rm005 wristwatch, automatic movement, glazed back. Skeleton dial with Arabic numerals and date at 7 o'clock. Original brown crocodile skin band and white gold titanium and white gold deployant type closure.
Although the renowned Richard Mille brand is newly emerged in the luxury watch industry, it leads by a wide margin in this market segment becoming the most exclusive brand in recent years, despite prices starting at 100,000 euros minimum. Any potential customer goes through a tough interview and to have his purchase approved, a signed Richard Mille watch is thus extremely difficult to obtain. If the answer is positive, the customer is given the privilege to pay in advance for the desired model and so begins a long wait, often at least one year. To these above-mentioned elements is added the fact that the annual production is very low (about 3000 pieces/per annum) so that the final selling prices are often over, if not twice, the list price.
The wristwatch is accompanied by the provenance documents and its original box.

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