Tiffany & Co. Bought the Historic ‘Titanic’ Pocket Watch for $1.97M

Tiffany & Co. has announced the acquisition of a Titanic piece of history. The storied American jewelry house is adding to its great heritage with a pocket watch recently acquired by the LVMH-owned brand at a Henry Aldridge & Son Ltd. auction in the U.K. in November. The watch was once gifted to the captain of the R.M.S. Carpathia for saving the lives of nearly 700 passengers of the ill-fated Titanic ship in 1912. Tiffany paid $1.97 million for the piece it retailed in 1912,…