Titanic artifacts on auction

2011-12-29 09:29

Richmond – The owner of the largest trove of artifacts salvaged from the Titanic is putting the vast collection up for auction in April, the 100th anniversary of the world’s most famous shipwreck.

More than 5 500 items, including fine china, ship fittings and portions of hull, were recovered from the ocean liner.

They were appraised in 2007 at $189 million (about R1.5 billion). That estimate is according to Premier Exhibitions, parent of RMS Titanic.

The auction is scheduled for April 1 by Guernsey’s, a New York City auction house, according to filings by Premier Exhibitions with the US Securities and Exchange Commission.

Results of the auction won’t be announced until April 15, the date one century ago that the Titanic sank on its maiden voyage after hitting an iceberg in the North Atlantic.

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