At the time the timepiece was worth $55. Bacon
sent divers to look for the watch after it had slipped off his wrist while he was throwing line from ship to shore. The divers were unable to locate the item at the time.
In 2007 the harbor was dredged and the watch was found and turned over to the deputy harbor-master. Authorities checked the log and found the 1941 claim that Bacon had filed. The now 90-year-old veteran was then returned his still working gold watch.
To say I was stunned could be considered a major understatement,' he said. "It truly was a miracle that I had been reunited with that watch after a lifetime. Now I wear it every day and it keeps perfect time, even after all those years in the water. It is absolutely excellent and I consider it a long-lost friend.'"