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Precious smoke 

When you realize you have only one cigarette left after a night of drinking and all your friends have none. #shouldhaveplannedahead is your tomorrow life motto
Colin asks: can I bum a cig?
Me: it's my last precious smoke
Colin: I will pay you whatever for that
Me: ok , if you pay for drinks!

Precious Pete 

A loving man who loves a durrie and a punt. Would gamble his kids away if it come to that point. Especially loves a good perv at the beach.
Precious pete lost all his children when he lost his quadie and ran out of money.
Precious Pete by Alien face December 9, 2017

Precious Joe 

Probably a virgin about 5 feet in height. Loves to fish and hunt.
Look at Precious Joe and his cute little self.
Precious Joe by Bi9 Dicl< n199@ October 14, 2011

precious bounty

a. 4GB microdrive extracted from certain cheap MP3 players.
b. pristine honey hole uncovered after ripping off a virgin girl's underwear.
Tear it open to extract the precious bounty.
precious bounty by TObject May 25, 2004

precious bitch

1) (noun) A woman who a man sees as having ideal feminine qualities; a woman who is pure of heart, is inherently kind, humble, and modest, when in actuality she should could easily brag about her amazing qualities. She is naturally submissive with a worthy man, and she might act on this aspect of herself if she senses that he truly cares about her well being and that he has her best interests at heart; she personifies the ideal of gentle femininity. The precious bitch is a woman, though gentle and tender, has sexual kinks that many would not expect her to attain so naturally; these kinks go beyond what is considered socially acceptable within most lifestyles. No one is perfect, but a precious bitch is to be treasured.
1) I met this amazing girl yesterday, and everything about her exudes femininity in its purest form; she really is a precious bitch.
precious bitch by Ilefidoz November 4, 2015

precious baby 

When a person describes a baby as "Precious" they are basically saying "Your baby is ugly as fuck, don't take pictures with that thing, keep it out of the light.... With all due respect."

If a person calls your child Precious you reserve the right to whoop their ass (the person rendering the adjective, not the baby).
(In Church) Oh, look at him. He looks just like you! Has your nose and everything, he's such a precious baby .

As they walk away they're praying for your child.
precious baby by Yea_That's_Me March 11, 2016