Watch given to captain who saved 700 Titanic passengers sells for £1.56m

Amount paid at auction is highest ever for memorabilia related to ship that sank on its maiden voyage in 1912

A gold pocket watch presented to the captain of a steamship which rescued more than 700 passengers from the Titanic has sold for a record-breaking £1.56m.

The sum – the highest amount ever paid for Titanic memorabilia – was paid by a private collector in the US, said auctioneers Henry Aldridge & Son of Devizes, Wiltshire.

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