Ale
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holding value
I read with interest on this topic of pricing and holding value. I guess like any luxury goods, during bad times, these will be hardest hit. Anyway, for all those watch lovers, buy what you afford and enjoy it. Of course, in my humble opinion, it is not bad to have substantial savings and still have a nice RM watch that can be bought in the secondary market. Save hard and look for good bargains as the year unfolds....
What is going on with RM Pricing/Values?
Shocked, I think that is the best way to describe recent RM dealings for me. I currently own an RM11 gold le mans and an RM10 white gold. Being contemplating trading and moving upto an Rm002 v2, really quite fancy a tourbillon. Mooched around on the web a...
Chris - hi. The code of conduct requests that pricing is not discussed
however, it is usually aimed at the specific and not the general. I believe there is sufficient 'general' scope in the posting, so I will let it sit, but if the discussion gets into a rant, then I will lock the thread. That said... There has always been a...
Fair Comments
Andrew, Thankyou for leaving the post. I sincerely hope it doesnt end up as a 'rant' post, that is not the intended purpose of my writing. Very interesting graph, I didnt realise that the pound has had such a torrid time against the CHF, obviously I have ...
But the price of gold
Is about where it was a year ago. There was a spike in early 2008, but we're back to ~$850 and Oz. And frankly the argument that the spot price of gold has any influence on the price of a >5k watch has always seemed suspect to me. Even assuming that there...
RM 002 v2 is my fav Richard Mille.....(more)
in fact it is perhaps my favorite watch of all time. Beauty, contemporary masterpiece and fantastic complication. It has it all !
Sorry Steve
Yep just revisted the thread, dont know where I got $76k fromm clearly states $110k as the asking price. Still I hope you dont mind if I post the link to it as the pictures are really nice! http://www.6speedonline.com/forums/watches-show-sell/51788-richar...
RM pricing directions
As already explained, RM prices are on the rise in the UK, due to the Pound falling against the Swiss Franc. In Japan, the situation is just the opposite: prices there are falling, since the Yen has been rising against the Swiss Franc. With lots of curren...
Pricing...
Here in the US the retail asking price is not 3x... it is much less. Contact your friendly neighborhood AD for more info Experientially, I can say that my somewhat recent transactions with numerous RM 010, a WG 002 and a very recent sale of a Ti 004 were ...
holding value
MR The goal is soul man must be looking at imaginary posts , from what i see eg. RM10 retail $54 000 NOW FOR SALE $30 000 and even one for $27 000 . Even saw an RM10 in WG for $35 000 for a watch that is less than 1 year old a loss of 50% is not holding v...
Hello Lionheart
I think you are assuming these people selling paid list for their watch. I would bet that most people ask for and receive some discount from their AD, so the price paid vs the asking price is a much better comparison than the retail and the asking price.
HI tourbillon
You have a point about retail v purchase price , i would like your opinion about what you think is a good price for a RM10 in TI from a AD. PS no offence was ment re. my previous message . Thanks