What is a Pasha de Cartier Ref. 820903 worth?

Public auction and dealer results for Ref. 820903 from November 2021 to November 2026 (five years, as the last three alone have too few) come to $5,050 to $5,350, with a median of $5,200 across 3 sales of this exact reference. The most recent was $5,200 at Antiquorum Monaco in July 2023. Condition, service history, and the original box and papers move an individual watch within that range.

What is the Pasha de Cartier Ref. 820903?

The 38 mm Pasha in 18k yellow gold with an automatic movement: a round case with Vendôme-type lugs, a graduated unidirectional bezel, a blue cabochon screw cap held to the case by a small chain, and a silvered or champagne dial with quarter Arabic numerals, a central square with a minute track border and a date at 4 o'clock. The movement is the cal. 2824-2, and every example found is on a leather strap.

How is the 820903 different from the 820901?

The bezel. Monaco Legend catalogs the 820903 with a graduated unidirectional bezel and its 1986 Ref. 820901 with a smooth bezel, measured at 37.5 mm and also on the cal. 2824-2.

What other numbers does the gold Pasha of the 1980s carry?

Monaco Legend has sold a 1987 example on a yellow gold Cartier bracelet as Ref. 820904 and a 1989 white gold example as Ref. 320903, both 38 mm on the cal. 2824-2. Check the reference: every 820903 found is yellow gold on a leather strap.

What movement is in the Ref. 820903?

An automatic movement, which Monaco Legend catalogs as the cal. 2824-2 in examples dated 1985, 1986 and 1989; the other catalogs found do not name the caliber. The steel Pasha Refs. 2378 and 2379 use the Cartier Cal. 191 instead.

What should I check before buying a Ref. 820903?

The bezel should be graduated, as Monaco Legend catalogs it; its 820901 has a smooth bezel. Check the blue cabochon cap and the small chain that holds it to the case, and ask for a photograph of the movement. Dated examples run from case number 0176 in 1985 to 3262 in 1989.

Cartier · Pasha de Cartier

Pasha de Cartier, 18k Yellow Gold, Graduated Bezel

Ref. 820903c. 1985–1989

The Cartier Pasha Ref. 820903 is the 38 mm 18k yellow gold automatic Pasha on a leather strap, with a graduated unidirectional bezel and a silvered or champagne dial, made c. 1985–1989 on the cal. 2824-2.

Have this watch?

Sales of Ref. 820903 since Nov 2021: $5,050 to $5,350, median $5,200 across 3 sales of this exact reference. What's yours worth?

Only sales that name Ref. 820903 count here. The last three years alone have too few, so this goes back five.

We’re opening a small panel of specialist dealers soon. Leave your email and we’ll write once, when they’re ready to bid on your watch. Nothing else.

Photos by @sarkowatches

Specifications

Reference: 820903; 18k yellow gold, automatic, graduated bezel
Year: c. 1985–1989; Monaco Legend's dated examples run from 1985 to 1989; Antiquorum dates one to 1988
Movement: Automatic; Cal. 2824-2 (ETA base), automatic
Case: 38 mm, 18k Yellow Gold
Dial: Silvered or champagne; Quarter Arabic numerals, a central square with a minute track border, date at 4 o'clock
Hands: Not described in the catalogs consulted
Crystal: Not stated in the catalogs consulted
Strap: Leather strap; With an 18k gold Cartier buckle or deployant clasp

Visual Description

The Ref. 820903 is the 38 mm Pasha in 18k yellow gold. Monaco Legend describes a round yellow gold case with Vendôme-type lugs, a graduated unidirectional bezel and a blue cabochon screw cap fixed to the case by a small chain.

The dial is silvered, with quarter Arabic numerals, a central square with a minute track border and a date at 4 o'clock. Freeman's | Hindman sold one with a champagne dial.

Every 820903 found is on a leather strap, with an 18k gold Cartier buckle or deployant clasp.

Reference Significance

The 820903 is one of the 38 mm gold Pashas of the 1980s, a design Analog/Shift credits to Gérald Genta.

Its neighbors differ in one feature each: Monaco Legend catalogs a smooth bezel on the 820901, a gold bracelet on the 820904 and white gold on the 320903, all on the cal. 2824-2. The later steel Pashas, the Ref. 2378 and the Grille Ref. 2379, run on the Cartier Cal. 191.

Historical Context

Cartier dates the first Pasha to 1985, and Monaco Legend's earliest 820903, case number 0176, is dated 1985.

Dated examples run to 1989: Monaco Legend has also sold 820903s of 1986 and 1989, and Antiquorum one of 1988.

What to Look For

Check the bezel: Monaco Legend catalogs the 820903 with a graduated unidirectional bezel and its 820901 with a smooth one. The blue cabochon screw cap and the small chain that holds it to the case should both be present.

Ask for a photograph of the movement. Monaco Legend catalogs the cal. 2824-2, and the other catalogs found do not name the caliber.

Case numbers on dated examples run from 0176 in 1985 to 3262 in 1989. The examples found are on leather straps; a gold-bracelet example has been cataloged as Ref. 820904.

Known Variants

Documented dial, case, and bracelet variations of Ref. 820903.

Silvered Dial

Silvered dial with quarter Arabic numerals and a central square with a minute track border, on Monaco Legend's three examples of 1985, 1986 and 1989; Antiquorum's example of 1988 has a silver dial.

c. 1985–1989Documented at auction

Champagne Dial

A champagne dial, cataloged by Freeman's | Hindman on an example of the 1980s with a brown leather strap and an 18k Cartier deployant clasp.

c. 1980sOne example found

How to tell it apart

What separates a Ref. 820903 from its neighbors, and what to check before you buy or sell one.

What is a Pasha de Cartier Ref. 820903 worth?: Public auction and dealer results for Ref. 820903 from November 2021 to November 2026 (five years, as the last three alone have too few) come to $5,050 to $5,350, with a median of $5,200 across 3 sales of this exact reference. The most recent was $5,200 at Antiquorum Monaco in July 2023. Condition, service history, and the original box and papers move an individual watch within that range.
What is the Pasha de Cartier Ref. 820903?: The 38 mm Pasha in 18k yellow gold with an automatic movement: a round case with Vendôme-type lugs, a graduated unidirectional bezel, a blue cabochon screw cap held to the case by a small chain, and a silvered or champagne dial with quarter Arabic numerals, a central square with a minute track border and a date at 4 o'clock. The movement is the cal. 2824-2, and every example found is on a leather strap.
How is the 820903 different from the 820901?: The bezel. Monaco Legend catalogs the 820903 with a graduated unidirectional bezel and its 1986 Ref. 820901 with a smooth bezel, measured at 37.5 mm and also on the cal. 2824-2.
What other numbers does the gold Pasha of the 1980s carry?: Monaco Legend has sold a 1987 example on a yellow gold Cartier bracelet as Ref. 820904 and a 1989 white gold example as Ref. 320903, both 38 mm on the cal. 2824-2. Check the reference: every 820903 found is yellow gold on a leather strap.
What movement is in the Ref. 820903?: An automatic movement, which Monaco Legend catalogs as the cal. 2824-2 in examples dated 1985, 1986 and 1989; the other catalogs found do not name the caliber. The steel Pasha Refs. 2378 and 2379 use the Cartier Cal. 191 instead.
What should I check before buying a Ref. 820903?: The bezel should be graduated, as Monaco Legend catalogs it; its 820901 has a smooth bezel. Check the blue cabochon cap and the small chain that holds it to the case, and ask for a photograph of the movement. Dated examples run from case number 0176 in 1985 to 3262 in 1989.