The captain changed the course of the ship and headed towards the wreckage of the Titanic with lifeboats floating around. According to auctioneer Andrew Aldridge, the watch was "presented principally in gratitude for Rostron's bravery in saving those lives,

A gold pocket watch given to the ship captain who rescued 700 survivors from the Titanic sold at auction for nearly $2 million, setting a record for memorabilia from the ship wreck . The 18-carat Tiffany & Co.

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).