1. Being a virgin in college. Like a unicorn they are scarce and hard to find. Either due to extremely high standards of suitable mates or forever alone.
2. An indirect way of calling someone a virgin.
(Randy) Why was Jerry acting so weird at that party? The girls were all over him.
(Lennie) Didn't you know? He's a Precious Unicorn.
(Randy) That explains everything!
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Coronavirus: somebody who flouts government regulations but, when stricter measures enacted due to people breaking government regulations vociferously blames government.
Andy: Bob has strong views on government Coronavirus regulations...
Don: yeah, but donโt you know heโs a precious unicorn