RM 002 & RM 003

Richard Mille RM 002 & RM 003

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About RM 002 & RM 003

RM 002 and RM 003 are the actual onset of the philosophy of Richard Mille- high-performance watches designed in the manner of Formula 1 cars. These initial sources featured futuristic materials, skeletonized movements, tourbillons, and the well-known function selector, all housed in the now-iconic curved tonneau case of Mille. To collectors, the meaning of the RM 002 and RM 003 is self-evident: these were the models that established the brand’s DNA, defined its engineering ethos, and laid the groundwork for the current-day RM dominance. The prices of the Richard Mille RM 002 and RM 003 are on the rise as collectors appreciate their historical relevance. Being among the earliest Mille works, they still stand as the incomparable pillars of RM-unique, technically bold, and undeniably RM.

1. Introduction to RM 002 & RM 003

Following the RM 001 prototype (just 17 units), Richard Mille needed a watch that would present his philosophy to the world. It was an RM watch, the RM-002, the first official production RM in 2002. Soon after, he introduced the RM-003, which kept the RM-002 architecture but added an extra time zone to accommodate international travelers.


Both models combine:

  1. Skeletonized Movement: A tourbillon movement in skeletonized 3D.
  2. Sapphire Dial: A full visibility sapphire crystal dial.
  3. Gearbox Button: A gearbox-like button inspired by a Formula 1 gearbox.
  4. Futuristic Components: Components of carbon and titanium light years ahead of their time.


To collectors who compare RM 002 and RM 003 with RM later models, these are the blueprint on which the whole RM universe was made.

2. RM 002: Richard Mille’s First Production Model

The RM-002 showcased Mille's revolutionary design language. It had a skeleton movement in a tonneau case (45 x 38.5 mm) of rose or white gold, with a power-reserve indicator and a tourbillon at 6 o’clock. Above all, the gearbox-type crown function selector-W (winding), H (time setting), N (neutral)- moved less straining and gave a feeling of a racing machine. This concept led to RM’s transformation from a traditional watchmaking company to a motorsport-engineered horological company.

3. RM 002 Versions: V1 and V2

RM 002-V1


  1. Baseplate: Titanium baseplate
  2. Tenders: Tenders of a tenderer kind.
  3. Value: Valuable because of the early series.


RM 002-V2


  1. Baseplate: Carbon nanofiber baseplate
  2. Durability: Durable, rugged, and aerospace-based scratch-resistant.
  3. Inserts: Glued inserts (the same as the Airbus A380) required.
  4. Technical Variant: Viewed as the high-technical variant.


This is why the price of the RM 002-v2 tends to be higher than the V1 market price.

4. RM 003: The GMT Evolution

The RM-003 was similar to the architecture of RM 002 and incorporated a GMT functionality through a transparent sapphire disc. A pusher at 9 o’clock moves the second time-zone numerals, and all is simple and easy to read--which was the very purpose of Richard. The RM 003 and RM 003-v2 are very rare, more expensive than the RM 002, and sought after by frequent flyers and collectors of the early era.

5. Price Overview: RM 002 & RM 003

ModelApprox. Price (USD)Notes
RM 002 V1365,000-420,000Titanium baseplate
RM 002-V2400,000-490,000Carbon nanofiber
RM-002365,000+General market range
RM 003975,000GMT function
RM 003-V21,050,000+Rare V2 baseplate


The prices of the RM 002 and the Richard Mille RM 003 have been steadily increasing, and the initial RM models have one of the steepest appreciation curves among luxury watches.

6. RM 002 vs RM 003: Choosing the Right Early-Era RM

The preference between the two models rests solely on a collector’s personality and values, as both are foundational; they play different roles in the development of Richard Mille.


Why Choose the RM 002?


The RM 002 is a spiritual successor of the RM 001 to purists. It represents:


  1. Real production: The original Richard Mille.
  2. The technical identity of Mille was refined first.
  3. Simple tourbillon without any complications.
  4. A more refined, classy version of the idea of a racing machine of Mille.


Historically, more important early RM collectors prefer the RM 002-V1, whereas engineering-innovation collectors prefer the RM 002-V2 at a higher price, with a carbon nanofiber baseplate.


Why Choose the RM 003?


The RM 003 is an item that combines utility and rarity. It adds:


  1. GMT Indicator: A GMT showing indicator in a sapphire disk.
  2. Pusher: Left-case pusher with rapid self-intuitive timezone alterations.
  3. Rarity: Much lower quantities of production, which makes it significantly more challenging to locate.


The model is also particularly appealing to overseas collectors and travellers seeking a technically rich early RM with real-world purpose.


Which One Performs Better in the long run?


Both are strong, but the RM 003 is:

  1. Rarer
  2. More technically complex
  3. Gaining more and more popularity among investors.


In the meantime, the RM 002 is the entrance to the earliest Mille epoch, and any serious RM collector cannot dispense with it. Comparisons of RM 002ance and RM 003 always place these two among the most significant early Mille references ever issued.

7. Why RM 002 & RM 003 Are Considered Investment and Luxury

The RM 002 and RM 003 border on the past and the future - a flawless blend of watch-making and the future. These were watches that showed Richard Mille could transform the industry while also respecting the ages-old art of Swiss horology.


They Represent the Birth of the Mille Philosophy


All the innovations that we now identify with the brand, such as skeletonized buildings, exotic materials, etc., were invented here. The RM 002 and RM 003 would not have existed, and the RM 27 Nadal series would never exist, the RM 11 Flyback would never exist, and the RM 56 Sapphire masterpieces would never exist.


They Were Richard Mille’s Experimental Laboratory


Mille was able to test these watches:

  1. Materials: New materials
  2. Clutch Systems: New clutch systems
  3. Movement Layouts: New movement layouts
  4. Finishing: New finishing approaches
  5. Case Treatments: New case treatments
  6. Tolerances: New engineering tolerances


They Bridge Haute Horlogerie and Aerospace Engineering


None of the watches of the era combined polished anglage with carbon nanofiber plates, or hand-frosted finish with PVD titanium, or a classic tourbillon with a motorsport function controller.


Aesthetic Timelessness


Although both models feature complex motions and out-of-this-world materials, they still maintain clean lines and ergonomic cases, as well as a wearable appearance that easily switches between calm and professional.


Investment Legacy


These two references are poised to become the blue-chip classics of the RM world today, the equivalent of early Patek, Audemars Piguet, or F.P. Journe objects, as collectors continue to hunt for the early Mille models.

Frequently Asked Questions about RM 002 & RM 003

Quick answers about RM 002 & RM 003 prices, authenticity, investment potential and buying in Dubai.

What is the Richard Mille RM 002 price?
Between USD 365,000 and 490,000, depending on V1 or V2.
What is the Richard Mille RM 003 price?
Around USD 975,000–1,050,000, depending on version.
What is the difference between RM 002 and RM 003?
RM 002 is a pure tourbillon; RM 003 adds a sapphire-disc GMT complication.
Are RM 002 and RM 003 good investments?
Yes — they are among the strongest early-era RM models with rising long-term value.
Why is RM 002-V2 more desirable?
Its carbon nanofiber baseplate is more robust, more advanced, and more collectible.