‘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

First-generation jewelers Dan and Hope Wixon are retiring and will close their Minneapolis-area jewelry store in May.

The limited-edition collection, a nod to the Year of the Snake, is Ukrainian brand Guzema’s first partnership with a U.S. brand.

After more than 50 years, Jeff Roberts is handing over ownership of the organization to IJO President Stephen Barnes.

Emergencies can happen anytime, anywhere , and Jewelers of America has what you need to be prepared for it all.

Senior Jeweler Jay Wolff was named employee of the year.


The 111-year-old store will close following a dispute among Saks Global, a landlord, and the City of Dallas over a small piece of land.

The upcoming “Area_51” watch sale is a collaboration with heist-out, featuring vintage and modern timepieces with futuristic designs.

The jewelry industry faces challenges from lab-grown diamonds. A diamond ETF can restore natural diamonds' value and drive investor demand.

The trade organization, which will mark 120 years of service next year, has a refined focus and a new mission statement.

The application period is now open for established and emerging jewelers and metalsmiths to apply to the month-long residency program.

Uc Thí Vo, who co-owned Kim Tin Jewelry in Sacramento with her husband of 40 years, was killed during the November 2024 robbery.

Manashe Sezanayev pleaded guilty to grand larceny and is expected to receive five years’ probation when he’s sentenced in May.

The March birthstone pairs perfectly with hues of Mocha Mousse, Pantone’s Color of the Year for 2025.

Emmanuel Raheb shares strategies to prepare for, publicize, and engage the audience during events on platforms like TikTok and Zoom.

From Doja Cat to Mikey Madison and Selena Gomez, many of this year’s Academy Awards attendees donned drop necklaces.

Originally slated to take effect in April, official U.S. Customs and Border Protection documents now show the implementation date as “TBD.”

The recent jump in the prices of household staples, like eggs, and the potential impact of tariffs worried consumers.

The application period for the program is now open for aspiring gemologists around the world.

The work of Indigenous designer Joe Big Mountain, these earrings are similar to the pair Lily Gladstone just wore to the SAG Awards.

A metal detectorist uncovered the ring created in memory of Sir Richard Rainsford, who presided over some of England’s last witch trials.

Fine jewelry consultant and publicist Francesca Simons joins Amanda Gizzi and Natalie Francisco to discuss the trends set to rise this year.

Harlow’s partner, NBA player Kyle Kuzma, worked with Vobara to design the ring, which features oval and pear-shaped diamonds.

The Danish jeweler released the next chapter of its “Be Love” campaign, which celebrates love in all its forms.

The 13 lots on offer were comprised of material that previously went unsold at the miner’s November auction.

The learning workshop and the convention are both scheduled to take place April 26 and 27 in Montgomery, Alabama.

The EU, like the U.S., also now will require diamond importers to provide information about where exactly the diamonds were mined.

The formal signing of the agreement comes nearly two years after De Beers and Botswana initially announced they had reached a new deal.