James Watson’s Nobel Prize Fetches Record Sum At Auction
How much is a Nobel prize worth?
If you’re James Watson, who shared a 1962 Nobel for his role in the discovery of the structure of DNA, it’s worth about $4.76 million. That’s how much his 23-carat gold medal fetched at auction in New York City on Thursday night (the price includes the buyer’s premium).
The auction house Christie’s said the medal, which went to an anonymous bidder, was the first ever sold by a living recipient, the Associated Press reported.
Watson, 86, was there to watch the auction with his wife and one of his sons, the New York Times reported. After the sale he said he was pleased, adding, “It’s more money than I expected to give to charity.”
He said some of the proceeds would go to the University of Chicago, Cold Spring Harbor Lab, and other charities, the paper reported.
Watson told Nature that selling his medal was aimed at redeeming his reputation, which had been tarnished by comments he made linking race and intelligence. In 2007, he was suspended from his job at Cold Spring Harbor Lab after furor erupted when he suggested that black people are —> Read More Here