London, United Kingdom:
A gold watch found on the body of the richest passenger on the Titanic was auctioned in England for £1.17 million ($1.46 million) on Saturday.
It was a record sum for an object linked to the notorious 1912 shipping disaster, said auctioneers Henry Aldridge & Son.
Astor’s Connection to the Watch
The watch, engraved with the initials JJA, belonged to the US business magnate John Jacob Astor.
Astor was 47 when he died as the Titanic sank in the early hours of April 15, 1912. He was reputed to be one of the richest men in the world at the time.
Astor’s Fate and Legacy
He died after having helped his wife, Madeleine, on board one of the lifeboats. She survived the disaster.
Astor’s body was found a week after the disaster, with the watch among his personal belongings.
Historical Significance
“The watch itself was completely restored after being returned to Colonel Astor’s family and worn by his son,” said a statement from the auction house.
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Additional Insight:
The auctioning of the gold watch owned by John Jacob Astor highlights the enduring fascination with the Titanic tragedy and the personal stories of its passengers. The significant amount fetched for the watch underscores the continued interest in historical artifacts related to famous events like the sinking of the Titanic. Furthermore, the restoration of the watch and its connection to Astor’s family adds a poignant touch to its value and historical significance.