How much was sold for the gold watch found on the richest passenger on the Titanic. It is a record amount

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The gold watch found on the richest passenger on the Titanic sold for 10 times the auction house’s estimate at the start of the sale.

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John Jacob Astor was reportedly the richest passenger on board the RMS Titanic, which sank in 1912, and a gold pocket watch was found on him.

Who bought the gold watch found on the richest passenger on the Titanic

The sum of over one million euros was paid by an American buyer and far exceeded the estimate of £100,000-150,000 (€116,000-175,000) published before the sale.

This surpasses the previous record, for an artifact of the Titanic put up for auction, of 1.1 million pounds, obtained in 2013 for a violin, according to News.ro.

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The last moments of the dead tycoon at 47 on the Titanic

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

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

He was pictured in his final moments smoking a cigarette with another passenger, the American writer Jacques Futrelle, who were both among the 1,500

of the dead on the Titanic.

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