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  • 20 MAIO 2024
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Titanic's richest man's watch sells for £1.37m

A gold watch found on the body of the Titanic's wealthiest passenger has sold for a record-breaking £1.175m (€1.37m) at auction.

Titanic's richest man's watch sells for £1.37m
Notícias ao Minuto

21:39 - 27/04/24 por Lusa

Mundo Titanic

According to British auction house Henry Aldridge & Son the amount, paid by an American buyer, exceeded the estimate of £100,000 to £150,000 (€116,000 to €175,000) published before the sale.

It surpasses the previous record for a Titanic artefact at auction, of £1.1 million achieved in 2013 for a violin, according to the auction house.

The violin case was sold today for £360,000 (€420,000) at the same auction as the watch.

Engraved with the initials JJA, the watch belonged to American businessman John Jacob Astor, who died aged 47 in the sinking of the Titanic, in the early hours of 15 April 1912.

Considered one of the richest men in the world at the time, with a fortune of $87 million, equivalent to several billion today, he died on the ship after seeing his new wife, Madeleine, board a lifeboat.

He was described in his last moments smoking a cigarette with another passenger, American writer Jacques Futrelle, both among the 1,500 who died on the Titanic.

His body was found on 22 April 1912, along with his 14-carat gold pocket watch.

"The watch was fully restored after it was returned to the family" of John Jacob Astor and worn by his son, which makes it a unique piece and one of the most important in the history of the Titanic, said the auction house.

Read Also: Gold watch of the richest man on the Titanic is to be auctioned (Portuguese version)

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