Richard Mille

I purchased the RM 10 America series new, less than a year ago. Was looking to sell this watch and purchase the RM 35. Was told the RM 10  (#7 0f #30)is worth less than 50% of what I paid for it. Does this sound right? Is there anyone out there looking to trade a RM 35?  This message has been edited by MARCM on 2012-04-30 20:55:02

That depends on what you paid for it.  50% of what, full retail?  Virtually all gray market dealers advertise their watches as new, that’s an industry standard, regardless if the seals were removed, cords are cut, and it was previously owned and previously worn.  Now if you bought from an AD or directly from an RM boutique, and have the papers to prove such, that may help you with your sale/trade.

An preowned RM 010 titanium was recently listed on this very site for $27k, and it probably sold for $25K:
market.watchprosite.com

Depending on condition and completeness of your RM 010 will determine the market value.  Not everyone wants the Americas version, which I believe is blue flange blue winder, but it was a limited model so you just need to find the right buyer.  The probability of the right buyer wanting to trade his newly acquired RM 035 for a blue bordered RM 010 + cash is quit slim, a competent dealer on the other hand would always present an offer.

Hi first time on this site. I purchased it new from an authorized dealer, have all books, box, warranty etc. Shouldn't it be worth more than a standard RM 10? I paid around $50000

The base value should be higher.  I notice that the MSRP difference for a limited edition RM011 is 4.5% higher than non-limited. Regardless, condition of your watch will be a large factor and also finding the right buyer that wants that specific color. Personally, I’d be willing to pay more for certain LE RMs than non-limited, but if it had visible dings and nicks on the face & case then that would obviously determine the final valuation.

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The FS item in your post doesn't come with box and paper and the condition is questionable.
Joseph

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is the RM 10 still available? 
Does it have the box and papers?
This message has been edited by derek a on 2012-06-12 13:18:27