Titanic passenger's gold watch auctioned for record price

A pocket watch that belonged to the wealthiest passenger aboard the Titanic sold for £1,175 million at auction on Saturday. The auction house Henry Aldridge & Son that sold the watch, had predicted it would sell for between £100,000 and £150,000.
The auction for John Jacob Astor IV's 14-carat gold Waltham pocket watch had a starting bid of £60,000. It was sold to an American buyer.The watch was found with Astor's body when it was recovered several days after the Titanic sank in April 1912.He was also found with a diamond ring, gold and diamond cufflinks, 225 pounds in English notes, and $2,440.