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Titanic Memorabilia Sets New Record with $1.5 Million Sale

A gold pocket watch owned by Astor IV, who perished on the Titanic, fetched nearly $1.5 million at auction, marking the highest price ever paid for Titanic memorabilia.

  • 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.
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