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Titanic artefacts goes up on auction
More than 5,500 items including fine china, ship fittings and portions of hull that were recovered from the ocean liner have an estimated value of $189 million. The auction is scheduled for April 1.
Credit: Wikimedia Commons
Reading and Writing Room on the A-Deck aboard Titanic.
Washington Post | RMS Titanic | Titanic artifacts bound for auction a century after world’s most famed shipwreck | 01-02-2012
The auction is subject to approval by a federal judge in Virginia whose jurisdiction for years has given oversight to legal issues governing the salvage of the Titanic.
U.S. District Judge Rebecca Beach Smith, who has overseen the case from her Norfolk courtroom, has ruled that RMS Titanic has title to the artifacts and was entitled to full compensation for them. The judge called the Titanic an “international treasure,” and approved covenants and conditions that the company previously worked out with the federal government, including a prohibition against selling the collection piecemeal.
The conditions, which accompanied a 2010 ruling, also require RMS to make the artifacts available “to present and future generations for public display and exhibition, historical review, scientific and scholarly research, and educational purposes.”
Primary source ► Titanic artifacts bound for auction a century after world’s most famed shipwreck
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