You're watching...
Own a piece of the Titanic
Details
-
Description
Titanic artifacts to be auctioned off
- Duration 1:43
- Date Apr 1, 2012
Advertisement
Clips
Also in this playlist...
Latest US
Auto-advance: ON
Auto-advance-
Jessica Buchanan recounts hostage nightmare
-
'Major derailment' on MTA commuter line
-
Mother tries to give away baby at gas station
-
Unclaimed veterans' remains receive funeral
-
Yolanda Vega says jackpot is 'epic, record breaking'
-
OJ Simpson's former attorney takes the witness stand
-
Mentoring young people in an attitude of worship
-
OJ Simpson's former attorney testifies at trial
-
Peeping Tom exhibit raises eyebrows, privacy issues
-
Forensic evidence key to case of murdered Maxim model?
-
Powerball jackpot hits $600 million
-
Bear attack victim saved by wife who clubbed animal with gun
Transcript
This transcript is automatically generated
This month marks the 100 year anniversary of the Titanic sinking the collection is said to be one of the most significant bodies material to ever be put on the auction block.
It includes every single one of the 5500.
Artifacts recovered from the ship's wreckage the ship went down on April the fifteenth 1912400.
Miles off the coast of Nova Scotia with over 15100 passengers on board.
Clothing jewelry personal items -- China silverware decorations.
And hundreds of hours of video footage from the recovery efforts are being auctioned off as a lot.
The appraisal price is 189.
Million dollars which may sound like a lot but the New York auction house offers this perspective.
Not long -- few months ago.
Painting.
A single painting was sold for 250 million dollars and the argument certainly could be made.
Is that is there a painting anywhere on earth.
That is more valuable than all the the entire Titanic collection.
A court ruling says the collection must be auctioned as one -- not in pieces maintained by the new owner and at least part of it has to be on display.
A few artifacts have been auctioned off in the past that had been passed down from families of survivors.
A -- alone for example went for 100 grand but this is the first option of artifacts recovered from the actual wreckage.
A portion of the proceeds generated by the sale will go to the Titanic preservation trust to ensure future conservation in the side note.
The 1997.
Blockbuster starring Leonardo DiCaprio and Kate Winslet will be back in theaters in 3-D.
This month.
In New York in a -- and Fox News.
