The 18-carat gold Tiffany & Co. timepiece is the highest-valued piece of 'Titanic' memorabilia This pocket watch could rival the Heart of the Ocean. A gold Tiffany & Co. pocket watch given to a captain who saved passengers from the Titanic sold for almost $2 million at an auction over the weekend,

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 gold watch was given to the captain of the Carpathia, the ship that responded to the Titanic’s distress call and rescued hundreds of people.

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

A gold pocket watch given to the British boat captain who rescued more than 700 passengers from the Titanic has sold at auction for a record-breaking £1.56m ($1.97m). The 18-carat Tiffany & Co timepiece was given to Sir Arthur Rostron, then captain of passenger ship RMS Carpathia, by survivors he rescued.

A postcard from a passenger aboard the Titanic that was sent out three days before the great ship sank has sold for more than $25,000 along with other Titanic memorabilia.

Auctioneers Henry Aldridge and Son, who sold the watch to a private U.S. collector on Saturday, said it’s the most paid for a piece of Titanic memorabilia.