A gold pocket watch worn by the wealthiest passenger on the Titanic has sold for six times the asking price, fetching £900,000.
The watch belonged to businessman John Jacob Astor and was estimated to sell for £150,000 when it went under the hammer in Wiltshire.
It equalled another Titanic artefact but when taxes and fees are taken into account, the buyer will pay £1.175m. Auctioneer Andrew Aldridge described the total cost as a “world record”.
The previous highest amount paid for a Titanic artefact was for a violin that also sold for £900,000, but which with taxes and fees at the time took it up to £1.1m.
This means the watch is now the highest amount ever paid for a single item from the doomed liner.
Source:Mybrytfmonline.com