UK

Korean War George Cross Sells For Record Price At Auction

The medal, which sold for £280,000, was expected to fetch between £140,000 and £180,000.

A George Cross awarded to a British soldier who fought and died in the Korean War has sold at auction for a world-record price of £280,000. 

The medal was bought by a private collector after fierce competition between three telephone bidders.

The George Cross was awarded posthumously to Lieutenant Terence Edward Waters of the West Yorkshire Regiment, who was attached to 1st Battalion, Gloucestershire Regiment, for his bravery.

It was sold by specialist auctioneers Dix Noonan Webb on behalf of Lt Waters' family in Bristol and was expected to fetch between £140,000 and £180,000.

Born in Salisbury on 1 June 1929, Lt Waters was among the nearly 60,000 British soldiers who saw action during the 1950-1953 conflict in Korea.

During the war, after being severely wounded, he was captured and imprisoned in the foul conditions of the notorious Kangdong Caves.

Lt Waters was posthumously awarded the George Cross (Picture: Dix Noonan Webb).

He died there after refusing to accept medical treatment, better food and other amenities in exchange for his participation in propaganda on behalf of the North Korean Communists.

Christopher Mellor-Hill, from Dix Noonan Webb, said: "We are delighted with the attention that this attracted as it is one of the most outstanding gallantry groups of the 20th Century exemplifying the individual bravery and sacrifice of a British Officer.

"It is a glorious price reflecting the story of The Glorious Glosters at Imjin River in the Korean War and their bravery in the face of overwhelming odds."

The previous record sale for a George Cross was set back in 2015 when the medal belonging to Special Operations Executive secret agent Violette Szabό was sold, also at Dix Noonan Webb, for £260,000.

It was one of only four George Crosses to be awarded to a woman.

Cover image: The George Cross sold at auction (Picture: Dix Noonan Webb).