Plan to auction over 100 Titanic artifacts faces US government opposition
Summary
RMS Titanic Inc., which has the exclusive rights to items recovered from the Titanic wreck, wants to auction over 100 artifacts. The US government opposes the sale, saying it breaks legal agreements that require the items to be displayed only in museums or exhibitions.Key Facts
- RMS Titanic Inc. owns salvage rights to artifacts from the Titanic wreck in the North Atlantic.
- The company plans to auction more than 100 items, including personal belongings and decorative objects.
- US agency NOAA argues the auction would violate legal agreements to preserve and display the artifacts publicly.
- RMS Titanic Inc. claims it does not need court approval to sell the items and denies breaking any rules.
- Courts and preservation groups have previously blocked attempts to sell Titanic artifacts salvaged from the wreck.
- Some Titanic-related items not recovered from the wreck (like survivor belongings) have sold for high prices at auction.
- The Titanic sank in 1912 after hitting an iceberg, killing over 1,500 people on its maiden voyage.
- RMS Titanic Inc. previously used exhibitions of the artifacts to generate income and fund dives to the wreck.
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