A London auction house is preparing to auction a rare lifeboat jacket belonging to one of the survivors of the Titanic, in one of the most prominent sales of items associated with the most famous maritime disaster in history.
The piece is expected to reach a price of around $500,000, due to its rarity and high historical value.
The Piece Belongs to a First-Class Survivor
The jacket belongs to passenger Laura Mabel Francatelli, one of the first-class survivors who escaped the sinking of the ship in 1912, after boarding one of the lifeboats during the disaster.
This piece is among the very few original items that have been preserved since that time.
Historical Design Reflecting Rescue Conditions in the Disaster
The lifeboat jacket is made of canvas and stuffed with 12 pieces of cork to ensure buoyancy, a design that reflects the primitive rescue methods of the early 20th century.
It also bears the signatures of several survivors who were on lifeboat number 1, one of the least crowded boats during the evacuation.
A Long Journey Between Families and Collectors
The jacket remained in the Francatelli family’s collection for about 95 years before passing to a collector, and was later auctioned in 2007 before returning to the market.
The auction is set to start at £150,000, amid significant interest from collectors of maritime and historical memorabilia.
Global Interest in Titanic Memorabilia
Items associated with the Titanic are experiencing increasing demand in global auctions, due to their historical and symbolic value linked to one of the most famous maritime disasters in the world.