The gold pocket watch that was recovered from the body of John Jacob Astor, who died on Titanic, was sold at auction for $1,146 million (£1,175 million) to an American buyer (name unknown). The gold watch was found on his body, along with a diamond ring, cufflinks, and British and American currency, and was turned over to his family. The watch was completely restored and worn by his son. The 14-carat gold Waltham watch had a starting bid of $60,000 and was originally thought to sell between £100,000-150,000. Auctioned off by H. Aldridge & Sons in Devizes, Wiltshire on 27 April, it broke the record of $1.1 million for Wallace Hartley’s violin sold years ago by the same auction house.
“The prices fetched by the Titanic memorabilia at the sale were “absolutely incredible,” auctioneer Andrew Aldridge said. “They reflect not only the importance of the artefacts themselves and their rarity but they also show the enduring appeal and fascination with the Titanic story,” he said.
Sources
Welle, Deutsche. “Titanic Passenger’s Gold Watch Auctioned for Record Price.” dw.com, 28 Apr. 2024, www.dw.com/en/titanic-passengers-gold-watch-auctioned-for-record-price/a-68939475.
Reporter, Guardian Staff. “Gold Pocket Watch of Richest Man on Titanic Fetches Record-breaking £1.2m.” The Guardian, 27 Apr. 2024, www.theguardian.com/uk-news/2024/apr/27/gold-pocket-watch-of-richest-man-on-titanic-fetches-record-breaking-12m.