Auctions

Ultra-Rare Cartier Cheich Watch Sells for $3.4M

AuctionsSep 21, 2026

Ultra-Rare Cartier Cheich Watch Sells for $3.4M

Offered at Sotheby’s Hong Kong, the one-of-a-kind white gold watch now holds the title of most valuable Cartier wristwatch sold at auction.

Cartier Cheich watch in white gold
This one-of-a-kind Cartier Cheich wristwatch made in 2010 sold for $3.4 million at Sotheby’s Important Watches sale, held last week in Hong Kong.
Hong Kong—A Cartier Cheich watch set a new world record when it sold for more than $3 million on the first day of Sotheby’s two-day Important Watches auction in Hong Kong last week.

The wristwatch, made in 2010, is one of only five Cartier Cheich watches that exist and is the only one made in white gold.

Following a bidding battle among collectors online, on the phone, and in the room, it sold for HK$26.5 million ($3.4 million), more than double its pre-sale estimate.

The result set a new world record for the most valuable Cartier wristwatch ever sold at auction, topping the record set earlier this year by the sale of a London Crash watch from 1987.

Cartier conceived the Cheich as the Cartier Challenge Trophy for the Paris–Dakar Rally, an off-road motor endurance race that began in 1978.

The route of the race (now known as just the Dakar Rally) has changed over the years, but originally, riders began in France and ended in Senegal, a 6,200-mile route than involved traversing mountain terrain and long stretches of desert.

The design of the Cartier Cheich is inspired by the blue headscarves, known in French as “cheich,” worn by the Tuareg people, an indigenous nomadic group that lives across the Sahara Desert. They are known as the “blue men of the desert.”

The watch was the prize for any rider who won the race back-to-back, according to a video Sotheby’s posted to Instagram.

Four examples were produced between 1983 and 1985, but Gaston Rahier, who won the race in 1984 and 1985, was the only racer to ever receive a Cartier Cheich, as the challenge ended in 1986.

Rahier’s Cartier Cheich watch remains in private hands, while two are in Cartier’s archives and one is missing, according to the video.

 Related stories will be right here … 

The fifth example, the watch Sotheby’s put up for auction last week, was created in 2010, when Cartier revisited the design for Giorgio Seragnoli, co-author of “Cartier Bianco” and owner one of the world’s most significant collections of white-metal Cartier watches.

This is the only white gold version of the model that exists.

Another Cartier watch also performed well at the sale.

A London Midi Pebble circa 1973-1974 sold for more than 2.5 times its high estimate, achieving HK$3.8 million ($494,000), setting a record for the model.

Cartier London Midi Pebble
This Cartier London Midi Pebble, a rare mid-sized yellow gold wristwatch with a geometric off-set dial and original gold deployant buckle, was made in the 1970s. It sold for nearly $500,000 at Sotheby’s Important Watches sale in Hong Kong.

 
All told, Sotheby’s Important Watches auction totaled HK$426 million ($55 million), marking the highest-total watch sale in Sotheby’s history and the most valuable watch auction ever held in Asia.

Fine Watches will continue online through Sept. 22. 

“The results achieved today demonstrate the continued strength and sophistication of the global collectors’ market for truly exceptional watches,” said Sam Hines, Sotheby’s global chairman, watches.

“The bidding battle for the unique white gold Cartier Cheich drew participation from collectors across regions and channels, underscoring the international appeal of rare, museum-quality timepieces with outstanding provenance and historical importance.”

Hines continued, “Setting a new world auction record for a Cartier wristwatch, this result further reinforces the enduring demand for the rarest examples that combine rarity, innovation, and collecting significance.”

The Latest

Coleman Clark and Mitchell Clark
IndependentsOct 14, 2026
Retailer Hall of Fame 2026: Coleman and Mitchell Clark

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

Manual Marcial de Gomar
SourcingOct 14, 2026
Manuel Marcial de Gomar, ‘The Emerald Whisperer,’ Dies at 90

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.’s Blue Box Café by Daniel Boulud at South Coast Plaza
FinancialsOct 14, 2026
LVMH’s Jewelry Brands Turn in ‘Very Good’ Performance in Q3

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

1872 x 1052 Gemolite.jpg
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional Edition

Experience gemstones with greater precision and comfort than ever before.

Chicago Responsible Jewelry Conference 2026 Graphic
Events & AwardsOct 14, 2026
Chicago Responsible Jewelry Conference Releases 2026 Program

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

Weekly QuizOct 08, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Lugano Diamonds Greenwich Connecticut store
MajorsOct 13, 2026
David Webb Owner Purchases Lugano Jewelry

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

Stephanie Gottlieb Wholesale Lab-Grown Collection
Lab-GrownOct 13, 2026
Stephanie Gottlieb Takes Lab-Grown Diamond Collection Wholesale

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

Cover.jpg
Brought to you by
Your Piece Could Be the One Editors Talk About

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

Sean Dunn
IndependentsOct 13, 2026
Retailer Hall of Fame 2026: Sean Dunn

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

Greenwich St. Jewelers Island Jewel candle
IndependentsOct 13, 2026
Greenwich St. Jewelers’ New Candle Smells Like Home

The “Island Jewel” candle honors New York City and Puerto Rico and raises money for the island’s water relief efforts.

TechnologyOct 13, 2026
GemFind Is a New JA Member Benefit Partner

The partnership will give JA members access to preferred pricing, exclusive benefits, technology solutions, education, and resources.

Stock image of a person holding holidays bags
SurveysOct 09, 2026
These Will Be the 10 Busiest Days for In-Store Shopping This Holiday Season

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.

Elisa Solomon x Serendipity 3 Frozen Hot Chocolate Charm
CollectionsOct 09, 2026
Elisa Solomon Collabs With Serendipity 3 on ‘Frozen Hot Chocolate’ Charm

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

Ebel sport classic watch
WatchesOct 09, 2026
Movado to Sell Majority Stake in Ebel for $66.5M

The watch company agreed to sell a 95 percent interest to a group comprised of F.P. Journe, Chanel, and Swiss watch exec Pierre Jacques.

Stock image of paper money and coins
Policies & IssuesOct 08, 2026
Third Wave of IEEPA Tariff Refunds Begins

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

Brent Neale Back to Basics Collection Pink Garnet Capsule
CollectionsOct 08, 2026
Brent Neale’s New Collection Goes ‘Back to Basics’

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

Ethical Gem Fair Brooklyn
SourcingOct 08, 2026
Ethical Gem Fair Heads Back to Brooklyn

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

Ara Chanakian Overall Design Winner
Events & AwardsOct 08, 2026
Pattons Fine Jewelry Sweeps Local Design Contest

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

Reba McEntire belt buckle
AuctionsOct 08, 2026
Reba McEntire’s Jewelry, Watches Head to Julien’s Auctions

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

overnght sb 1026.png
Supplier BulletinOct 08, 2026
Overnight Mountings’ Bridal Builder Helps Jewelers Turn Custom Design into a Hands-On Selling Experience

Sponsored by Overnight Mountings

The entrance to The Plumb Club pavilion at JCK Las Vegas
Policies & IssuesOct 07, 2026
The Plumb Club Amplifies Its Voice as Geopolitical Pressures Mount

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

Woman wearing Blue Nile Royal Asscher jewelry
CollectionsOct 07, 2026
Blue Nile, Royal Asscher Collection Highlights Natural Diamond Beauty

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

Audemars Piguet Risoud Eclipse Necklace
CollectionsOct 07, 2026
4 Standout Pieces in Audemars Piguet’s First High Jewelry Collection

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

Juan Morales and Joseph Nicosia
MajorsOct 07, 2026
Empire Safe & Vault Promotes Juan Morales to CEO

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

American Gem Trade Association logo
SourcingOct 07, 2026
AGTA Extends Deadline for 2026 Spectrum Awards Entries

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

Stock image a police car
CrimeOct 06, 2026
6 Charged in Connection to String of New Jersey Smash-and-Grabs

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

The Retail Smiths Principal Partner Sherry Smith
ColumnistsOct 06, 2026
Sherry Smith: Is the Consumer Really Trading Up?

Ahead of the holidays, Smith urges jewelers to take a hard look at who’s buying jewelry, what they’re purchasing, and who’s stopped buying.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy