‘Unicorn’ Cartier Cheich Watch Sells for $1.1M
One of only four in existence, it more than doubled its pre-sale estimate at the Sotheby’s Paris auction.

The Cartier Cheich, considered a “unicorn” in the watch world, sold for $1.1 million at Sotheby’s Paris last week. It was estimated to sell for between approximately $200,000 and $400,000.
According to Sotheby’s, it’s the most expensive Cartier watch to sell at auction in Europe.
“The Cheich Watch has a truly unique status, not only within the history of watchmaking at Cartier but within the history of watchmaking full stop,” said Sotheby’s International Watch Specialist Benoît Colson.
“A complete design masterpiece, the Cheich’s story comes full circle, re-establishing its status once again as a trophy item for an incredibly lucky collector. Shrouded in mystery on its whereabouts for the last forty years, it’s been an absolute honor to bring this watch on the market for the very first time, and to see it achieve such a record-breaking price.”
There are only four Cartier Cheich timepieces in existence.
They were crafted in honor of the Paris-Dakar race—now called the Dakar Rally—a rally open to motorized land vehicles that originally took place in Europe and northern Africa, spanning 10,000 kilometers, or 6,214 miles.
The timepiece sold at Sotheby’s Paris was given to the winner of the Cartier Challenge—Belgian Gaston Rahier, who won back-to-back races in 1984 and 1985.
The watch led the online Fine Watches sale. Full results are available online.
The Latest

Fourth-generation jewelers Coleman and Mitchell Clark exemplify the best qualities of their predecessors: humility, modesty, and confidence.

The gem hunter, whose 70-year career was defined by adventure and exploration, is remembered for his steadfast faith and sense of wonder.

Tiffany & Co. continued its full-scale store renovation project while Bulgari’s high jewelry collection generated “record-breaking revenue.”

Experience gemstones with greater precision and comfort than ever before.

This year’s sessions feature leading voices from human rights, legal, and conservation organizations.


The high-end jewelry retailer was sold to private investment firm Middle West Partners and a group of longtime clients.

The jewelry designer has partnered with Sofer Jewelry to distribute her 85-piece lab-grown diamond collection.

Submit your pieces for a chance to win in this year's competition.

Dunn, this year’s Single-Store Independent inductee, is passionate about innovation and telling the story of natural diamonds.

The 24-carat fancy intense pink diamond ring could fetch up to $18 million at the November sale.

The “Island Jewel” candle honors New York City and Puerto Rico and raises money for the island’s water relief efforts.
The partnership will give JA members access to preferred pricing, exclusive benefits, technology solutions, education, and resources.

Stores should expect to see the most customers on Nov. 27, and Christmas week is expected to be hectic too, as Dec. 25 falls on a Friday.

The charm, our Piece of the Week, features brown diamond frozen hot chocolate topped with white diamond whipped cream and a ruby straw.

The top lot of Elmwood’s recent fine jewelry sale in London was a 1.84-carat, D color Tiffany & Co. solitaire diamond ring.

This round of tariff refunds is for importers that have sued over IEEPA tariffs in the Court of International Trade and won.

It revisits the brand’s most requested silhouettes, from "Pillow"-set necklaces and bracelets to "Signature"-set rings and earrings.

The trade-only event includes buying opportunities as well as educational sessions on artisanal mining, the new Paraíba source, and more.

Ara Chanakian, a jeweler at Pattons, took home top honors in every category at Jewelers of Louisiana’s annual jewelry design competition.

The live charity benefit sale in Nashville will also feature gowns, boots, and other memorabilia from the country music legend.

Sponsored by Overnight Mountings

The supplier organization recently joined JA and JVC to have more input on political issues affecting the jewelry industry.

Blue Nile, a Signet Jewelers-owned brand, is now Royal Asscher’s exclusive licensed retailer in North America.

“Royal Oak” pays homage to the brand’s most popular watch model using 18-karat gold as well as diamonds, emeralds, and sapphires.

As part of the transition, Joseph Nicosia has stepped into the role of COO.

Participants now have until Oct. 14 to complete their submissions.

The alleged thieves used crow bars and sledgehammers to smash into jewelry stores across the state.

























