Golden Watch Given to Titanic Rescue Captain Sells for Record Price

A gold pocket watch given to the British steamship captain who rescued more than 700 passengers from the Titanic has sold at auction for a record-breaking £1.5 million or US $1.9 million.

According to BBC reports, the 18-carat Tiffany & Co timepiece was given to Sir Arthur Rostron, then captain of passenger ship RMS Carpathia, by survivors he rescued in 1912.

Auctioneer Henry Aldridge and Son in Wiltshire said it was the highest amount ever paid for Titanic memorabilia, and that it was bought by a private collector in the US.