(FOX NEWS) — A gold pocket watch worn by the richest passenger aboard the Titanic when the ill-fated ocean liner sank was sold at auction on Saturday for a record-breaking sum of nearly $1.5 million.
The timepiece belonged to John Jacob Astor IV, a New York business magnate and real estate developer, and was expected to sell for about $189,000 at auction, according to auction house Henry Aldridge and Son in Wiltshire, England. The watch’s casing is engraved with Astor’s initials “JJA.”
The 14-carat heirloom, however, ended up selling for a total of $1.485 million, Henry Aldridge and Son told Fox News Digital on Sunday.
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