Market dispatch·Hong Kong
Unique Cartier Cheich becomes most expensive Cartier watch sold at auction
The one-off white-gold Cartier Cheich fetched HK$26.5 million ($3.4 million) at Sotheby's Hong Kong after a nine-minute bidding battle.

Originally created as a prize for consecutive Paris-Dakar Rally winners and one of only five known examples, the watch surpassed the previous Cartier record of $2 million set in Geneva in May. It anchored Sotheby's two-day Important Watches auction, which totalled HK$426 million — the house's most valuable watch sale ever.

