Overview

• The gold pocket watch, once belonging to one of the wealthiest Titanic passengers, was sold for almost $1.5 million, over seven times its estimated value.
• The auction of the watch set a new world record for Titanic memorabilia, reflecting the enduring fascination with the ship's story.
• The watch was recovered from the Titanic's wreckage and has been passed down through generations, symbolizing a significant piece of history.
• Former FTX executive Patrick Gruhn, known for his lavish lifestyle funded by his crypto earnings, was the buyer of this record-setting piece.
• The sale included other Titanic-related items, such as a violinist's bag that also exceeded auction expectations, selling for over $450,000.