Watch found on body of Titanic passenger auctioned for Rs 42 crore.
A pocket watch found on the body of the richest passenger of the famous ship Titanic, which sank during its maiden voyage, has been auctioned for 1.46 million dollars (about 42 million Pakistani rupees).
The opening bid for a 14-carat gold Waltham pocket watch by John Jacob Astor IV was $64,000, bought by an American citizen.
The auction house did not expect this watch to sell for so much, so this pocket watch has broken all previous auction records for items found on the Titanic.
Read More Informative Articles In Urdu
The English initials of John Jacob Astor’s name ‘JJA‘ are engraved on the watch.
When John Jacob Astor’s body was found in the Atlantic Ocean seven days after the Titanic sank after hitting an iceberg in April 1912, this watch was found with him.
They also found a diamond ring, gold and diamond cuff links, 225 pounds and $2,440 in cash.
After the watch was repaired, it was returned to the Astor family and was used by their son, but now it has been decided to auction the watch.
“John Jacob was considered one of the richest people in the world at the time,” the auction house said in a statement. .’
After the ship sank, he tried to put his pregnant wife in the last lifeboat, which saved her life, but he himself drowned.
The highest ever paid for Titanic artefacts was $1.2 million for a violin, also sold by the same auction house, auctioneers said.
Also read this: Australian Clive Palmer Announced to Build Titanic 2 Ship
