Titanic gold pocket watch sells for £1.17 million

The winning bid, placed by an American buyer, far surpassed the auctioneer's initial estimate, which ranged between £100,000 and £150,000. The watch, bearing the engraved initials "JJA," once belonged to the prominent American businessman John Jacob Astor. The auction, which took place in Devizes, showcased more than 280 lots related to ocean liners, including two significant items from the Titanic's tragic history.