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

The 18-carat Tiffany & Co. watch was presented to Rostron by three women survivors, including Madeleine Astor, in gratitude for his bravery in rescuing survivors after the Titanic sank in 1912.

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).