A gold pocket watch retrieved from the Titanic's wealthiest passenger recently fetched an astonishing 1.175 million pounds ($1.48 million) at auction,.
The timepiece belonged to John Jacob Astor IV, a US business magnate who was among more than 1,500 people who died when the ship struck an iceberg in the early hours of April 15, 19772.
Former executive Patrick Gruhn bought the timepiece, which was found on the body of the Titanic’s richest passenger, property magnate John Jacob Astor IV.