Richard Mille

• cal. RMAC1 automatic titanium PVD-coated movement, 68 jewels, Glucydur 4 arms balance adjusted to five positions, variable geometry rotor  • openwork dial with white  numerals, luminescent indexes to raised flange, date highlighted within red striped border, subsidiary dials for constant seconds, 60-minute count-down and combined 60 minute with 12-hour register, month indicator between 4 and 5 o'clock •  titanium tonneau-form case with Titalyt® coating secured by 20 grade 5 titanium screws , chronograph buttons to the band, sapphire crystals • case, dial and movement signed • with a sprung titanium and Titalyt® Richard Mille twin folding buckle

The watch has been used and shows some signs of light wear in the form of minor abrasions to the case edges, requires cleaning. The movement is running at the time of cataloging and the chronograph and date advance features all perfrom correctly when tested. Please note we have not tested the movement for timekeeping and a service could be required at the buyers expense. Thickness of the watch is 16.15 mm.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

The RM 011 Titalyt® was created by anodizing the titanium case in type II coating per AMS 2488D SAE controlled specifications. The process, usually found in the medical, automotive and aeronautical industries creates a dark grey biocompatible coating that is highly wear and corrosion resistant. Although the model was not released in a numbered limited edition it is believed the RM11 Titalyt® was only produced in limited numbers for one year. This is the first time an example of RM11 Titalyt® has appeared at auction.