Titanic artifacts may be sold
The Titanic may be under 2½ miles of water, but wreckage from the doomed ship could fetch close to $220 million at an auction this year.
Premier Exhibitions proposed the sale last week in a filing in U.S. Bankruptcy Court in Jacksonville, Fla. The Atlanta-based company and its RMS Titanic unit filed for Chapter 11 protection in June, amid a fight over artifacts it recovered from the vessel with the help of the French government.
Starting in 1987, Premier Exhibitions worked with the French government on dozens of dives to recover artifacts including jewelry, clothing and dinnerware from the ship.