Titanic Survivor's Life Jacket Sells for $906,000 at Auction
A life jacket worn by Titanic survivor Laura Mabel Francatelli sold for $906,000 at a London auction on Saturday. The first-class passenger wore the jacket when she escaped the sinking ship in 1912.
A life jacket worn by Titanic survivor Laura Mabel Francatelli sold for 670,000 pounds ($906,000) at a London auction on Saturday. The first-class passenger wore the jacket when she escaped the sinking ship in a lifeboat in 1912.
The auction house said this jacket is believed to be one of only a handful of Titanic life jackets still in existence today. Most were lost when the ship sank or destroyed over the decades.
The Titanic sank on April 15, 1912, after hitting an iceberg during its maiden voyage from England to New York. More than 1,500 people died, but about 700 survived. Francatelli was among the lucky passengers who made it onto a lifeboat.
Titanic artifacts regularly sell for huge amounts at auctions. Collectors and museums compete for rare items from the famous disaster, driving prices higher each year.
This sale shows how much people value items from famous disasters. The high price reflects the Titanic's lasting place in history and how rare these artifacts have become after 112 years.
More Titanic artifacts may appear at future auctions as collectors sell rare items from the disaster.
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