Gold watch gifted to Titanic hero who saved 700 lives sells for record £1.5 million

By Billy Stockwell, CNN (CNN) — 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). The 18-carat Tiffany & Co. pocket watch was given to Captain Arthur Rostron by the widows of thr…