A gold watch gifted to the captain of a ship which rescued more than 700 passengers and crew from the Titanic has sold for a record-breaking £1.56 million ($1.97 million).

A gold pocket watch given to the ship captain who rescued 700 survivors from the Titanic has sold at auction for nearly $2 million.

A gold watch gifted to the captain of a boat which rescued Titanic passengers has sold for a record-breaking £1.56m.

The previous record for Titanic memorabilia was set in April, when John Jacob Astor’s gold watch sold for £1.175m.

Auctioneers say the watch sale is the highest-ever for a Titanic artefact.

A gold pocket watch, a poignant relic of the Titanic disaster and a testament to the heroism of Captain Arthur Rostron, has fetched a record-breaking £1.56 million at auction. The watch, a gift from three grateful survivors,

Watch given to captain who saved 700 Titanic passengers sells for £1.56 million - It was the highest amount ever paid for Titanic memorabilia, auctioneers Henry Aldridge and Son said.