Pasha de Cartier, Stainless Steel, Applied Indexes

How to tell it apart

What separates a Ref. 1040 from its neighbors, and what to check before you buy or sell one.

What is a Pasha de Cartier Ref. 1040 worth?

Public auction and dealer results for Ref. 1040 from November 2023 to November 2026 come to $1,750 to $3,000, with a median of $2,000 across 3 sales of this exact reference. The most recent was $1,550 at Bonhams in June 2026. Condition, service history, and the original box and papers move an individual watch within that range.

What is the Pasha Ref. 1040?

A 38 mm stainless steel Pasha with an automatic movement: a round case with a graduated bezel that turns one way, a cover that screws down over the crown and a case back secured by eight screws, and a silvered, white, gray or anthracite dial with applied baton indexes, Arabic numerals and a date between 4 and 5 o'clock. Most examples are on a Cartier steel bracelet with a double folding clasp. Bonhams and Bruun Rasmussen catalog the movement as the Cal. 049.

How does the 1040 differ from the 2378?

Both are 38 mm steel automatic Pashas with a graduated bezel, and no catalog found prints both numbers on one watch. Bonhams and Bruun Rasmussen catalog the 1040 on the Cal. 049, and most 1040 dials carry applied baton indexes, while Antiquorum catalogs its 2378s on the Cal. 191 with 27 jewels and painted Arabic numerals with tritium-coated round and triangular indexes. Antiquorum's two 1040-1s also have the Cal. 191, so read the number on the case back and look at the movement.

Does the 1040 have another reference number?

Antiquorum has cataloged two examples as Ref. 1040-1 and Artcurial one as ref. 1040.1, all 38 mm steel automatics, so Archiva lists 1040-1 with this reference. No auction or dealer source found ties a W-catalog number to the 1040.

What movement is in the Ref. 1040?

An automatic Cartier movement. Bonhams catalogs the Cal. 049 with 21 jewels on an example of circa 2000 and Bruun Rasmussen the cal. 049 on one of 1997, while Antiquorum catalogs two examples numbered 1040-1, which it dates to the 1980s, on the Cal. 191 with 27 jewels. Ask for a photograph of the movement.

What should I check before buying a Ref. 1040?

The number on the case back, 1040 or 1040-1, and a movement that matches it; a graduated bezel that turns one way; a crown cover that screws down; and the bracelet's folding clasp. Finarte has sold two on Cartier leather straps with steel deployant buckles, so not every example comes on the bracelet.