Cardi B Shows Rare Pink Rolex Daytona Birthday Gift

Cardi B has shown a rare pink Rolex Daytona that she described as a birthday gift to herself, alongside a custom diamond ring and other luxury purchases. Jeweler Eric Mavani presented the watch in an Instagram video posted October 22, and valued it at about $3 million. The watch is an off-catalog Rolex Daytona with a pink sapphire bezel and yellow-gold case. Mavani said in the video that he had searched for it and that only about 10 were made. He also described Cardi B’s watch as the only one available for sale. The production estimate and availability claim came from Mavani, who sourced the piece. Cardi B wrote that Mavani had searched around the world for the watch and said Rolex authenticated it. That authentication is her account; the reports did not include a statement from Rolex. The jeweler’s valuation also is not an independently established market price. One report cited market estimates of about $1 million to $2 million for the watch, below Mavani’s $3 million valuation. Screenshots shared in Mavani’s Instagram Stories showed wire transfers from Cardi B totaling $2.85 million, according to reports describing the posts. That transfer total and his $3 million valuation...