Loans on Richard Mille Watches
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Are you thinking ” Pawn my Richard Mille watch?”
If you’re thinking “how do I pawn my Richard Mille watch in London?”, New Bond Street Pawnbrokers are here to help.
If you’re based in London, simply make an appointment to visit our appraisal team in Mayfair, who will be able to provide you with an accurate valuation of your timepiece. Arranging loans on Richard Mille watches at our award winning London shop is easy:
• Take your Richard Mille watch to our Mayfair offices
• Allow our experts to place a value on your watch
• Receive a same day loan based on the market value of your watch
• Redeem your watch after your loan has been repaid
Richard Mille is a Swiss luxury watch brand founded in the late ’90s. Its most esteemed models include the Sapphire Split Seconds RM 056 – the very first watch with a case built from sapphire – and the Tourbillon RM 008.
The brand sponsors several notable sportsmen, including tennis player Rafael Nadal, Formula One driver Jenson Button and sprinter Yohan Blake, who wore a Richard Mille watch sporting the national colours of Jamaica during the 2012 Olympic Games.
How much is my Richard Mille watch worth?
Some watches have a tendency to depreciate in value once they’ve left the showroom, although most Richard Mille models are held in such high regard that they tend to retain their value.
At auction, the Richard Mille Tourbillon RM003 model can fetch upward of £100,000. Rare models, such as the Tourbillon Rafael Nadal, can command a price tag of over £492,000.
Watch condition matters
The mechanical and aesthetic condition of your Richard Mille watch will largely dictate what it is worth. It’s easier to secure great value loans on Richard Mille watches that are in perfect condition, although if your watch has some minor issues that can be repaired, this shouldn’t affect its value too much.
Is your Richard Mille watch authentic?
Provenance can help increase the value of your Richard Mille timepiece. If you’re wondering what to bring when you go to pawn your Richard Mille watch, you should be aware that it’s good practice to bring certificates of authenticity, repair documentation and proof of purchase. These documents could even increase the value of your watch.
How old is your Richard Mille luxury watch?
While Richard Mille watches have only been on the market since 1999, that doesn’t mean they can’t command large values at auction. Richard Mille sponsors a lot of sportspersons, so if your timepiece has been previously worn or signed by a notable athlete, this could increase its value. Limited edition items like the RM056 could also fetch large amounts at auction, based on their rarity.
Pawn my Richard Mille watch
Richard Mille watches are generally regarded as heirlooms to be enjoyed for an entire lifetime. Despite this, you might find yourself in a situation where you need fast access to funds – to finance another investment or to cover unexpected costs, for example. If you’re in need of a cash loan, pawning your Richard Mille luxury watch couldn’t be easier. Your timepiece will be kept secure and will be released to you take home after you have made your final loan repayment.
If you now think “I definitely want to pawn my Richard Mille watch”, before you visit New Bond Street Pawnbrokers, you might want to do some research of your own to find out the age, rarity and estimated value of your timepiece. The internet is a fantastic resource for this, and simply entering the model number on your watch should provide you with plenty of results. If not, don’t worry – our team of appraisers are on-hand to do the work for you, and to offer you a fair price on a loan against your Richard Mille luxury watch. For more information on services provided by New Bond Street Pawnbrokers please watch our video here and read about the loan process here. To learn more about our loans on fine watches you can visit our dedicated webpage
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