found on reddit most there dont seem to get this is a good thing lol
source https://cdnc.ucr.edu/cgi-bin/cdnc?a=d&d=DS19590924.2.13&e=-------en--20--1--txt-txIN-------- TIL that during Khrushchev’s 1959 visit to the Mesla Machine Company steel plant in Pittsburgh, a worker named Kenneth Jackey handed him a cigar. Khrushchev didn’t smoke and in return, gave Jackey his wristwatch. Later, Jackey had the watch appraised for insurance and was told it was worth only $14.
$14 in 1959 is equivalent to about $152 today.
(This is assuming the $14 worth was 1959 and isn’t already adjusted)
So it was a nice watch, but not stupidly ostentatious. That’s about what I’d expect from a socialist head of state, tbh. Not enriching himself at the cost of his people, but still wearing decently nice things when traveling out of country on official business, because that’s the geopolitical game when capitalist nations are involved.