04-28-2024, 12:06 AM
https://www.bbc.co.uk/news/articles/clw01vxnpyzo
(Source: Henry Aldridge & Sons / Above article)
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.
Wow . Given the mystique surrounding the Titanic, it makes sense that there'd be people willing to pay a large amount of money for this - but I think even the auctioneers were surprised that it sold for this much!
I just hope the buyer takes care of it .
(Source: Henry Aldridge & Sons / Above article)
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.
Wow . Given the mystique surrounding the Titanic, it makes sense that there'd be people willing to pay a large amount of money for this - but I think even the auctioneers were surprised that it sold for this much!
I just hope the buyer takes care of it .
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