National News
Tiffany & Co. Acquires Historic Titanic Pocket Watch for $1.97 Million
Tiffany & Co. has set a new record with the acquisition of a rare 18k gold pocket watch for $1.97 million. The timepiece, once owned by Captain Arthur H. Rostron of the RMS Carpathia, was a gift from three Titanic survivors—Mrs. John B. Thayer, Mrs. John Jacob Astor, and Mrs. George D. Widener—who expressed their gratitude for his heroic efforts in rescuing passengers after the Titanic sank.
The pocket watch, purchased from Henry Aldridge and Son Ltd., is engraved with a heartfelt message from the survivors and features the monogram “AHR” on its caseback. This historic artifact honors Captain Rostron’s courage and pivotal role in saving hundreds of lives. Christopher Young, Vice President of Creative Visual Merchandising at Tiffany & Co., emphasized the significance of the acquisition, stating that it highlights the brand’s long-standing connection to history and its role in the luxury world.
GJEPC’s Sydney leg brought together 32 participants, including 15 representatives from 9 leading jewellery brands, 8 visiting delegation members, CG Office representatives and event partners.
The outreach connected Indian exporters with Australia’s independent jewellery network through a day of industry engagement, showroom visits and business interactions.
The programme included visits to Altmann & Cherny, ABC Showroom and Queen Victoria Building, followed by the official delegation dinner at Doltone House.
Participating jewellery brands: Excellent Jewellers, Altmann & Cherny, Roberto Mattei Jewellery Design, Ashmi Jewellers, Malabar Gold & Diamonds, Nicole Winkler Jewellery, Joyalukkas, RB Diamonds and Lords Jewellers.
With India’s gems & jewellery exports to Australia reaching US$374.33 million in FY2025–26, the Sydney outreach further strengthened industry connections and explored new opportunities under the India–Australia ECTA.
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