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 Replies: 11 / Views: 2,884 |
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Valued Member
United States
220 Posts |
Thought you all might be interested http://photos.mlive.com/4469/galler...d/index.html Currency, part of the artifacts collection of the Titanic, is shown at a warehouse in Atlanta. The owner of the largest trove of artifacts salvaged from the Titanic is putting the vast collection up for auction as a single lot in 2012, the 100th anniversary of the world's most famous shipwreck. |
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Pillar of the Community
United States
3546 Posts |
I noticed in the attached photos that some of the currency from the Titanic appears to be yellow at least from my laptop's point of view.
Does anyone know if salt water characteristically causes this type of paper money to turn yellow?
I assume that this paper money was not hermetically sealed in a water proof container when the ship went down.
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Pillar of the Community
527 Posts |
That is pretty neat. I did not think there would be much, if any, American currency on the Titanic, since most people on the ship weren't American, from what I heard.
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Pillar of the Community
United States
4897 Posts |
I'm not a currency collector but I WANT ONE!  |
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Valued Member
United States
318 Posts |
Bet those fetch a pretty high price. Think of the history behind them! Too bad I was born beautiful instead of rich.
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Pillar of the Community
United States
2295 Posts |
I'm surprised anyone would want one, since they are in pretty poor shape.
And yes, there were a few Americans on it, returning home, so they had some cash on them. You had to be wealthy to travel on that ship, since it was a luxury cruise.
Unless the notes were in some type of sealed holder stating they were found on the Titanic, they can't hold any extra value to them.
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Pillar of the Community
United States
3546 Posts |
wq,
Your point is well taken being that in a resale environment a seller would typically get rid of these type of paper notes individually since the relationship to the Titanic has not been officially established through certification etc.
Also being that they all appear to be distinctly different with no obvious connection through sequential serial numbers, selling them as a bundled lot would probably be highly unlikely.
mdpmedia
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Valued Member
United States
198 Posts |
Does anyone know who is doing the sale and when they go on the auction block?
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Pillar of the Community
United States
1397 Posts |
I have to agree with wquinn that without a certificate of authenticity or a picture being taken with Geraldo Rivera or something they would hold no extra value.
Edited by Nickelman
06/15/2012 08:03 am
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Valued Member
 United States
220 Posts |
This was published thursday April 12 Quote:
GRAND RAPIDS, MI -- Plans to auction 5,000 artifacts from the Titanic on the 100th anniversary of the world's most famous shipwreck are on hold.
The largest collection artifacts gathered from The Titanic, with an estimated value of at least $189 million, were set to be auctioned off in a single lot by owner Premiere Exhibitions, Inc., the Atlanta-based parent company headed by Grand Rapids restaurateur Mark Sellers, who owns HopCat and Stella's Lounge among other downtown properties in West Michigan.
Sellers unveiled plans in January for this month's auction, which included items ranging from passengers' personal possessions to portions of the ship's hull.
But Premiere Exhibitions, the parent company of RMS Titanic Inc., which owns the artifacts, put the announcement on hold because the company is in discussions with multiple parties for the purchase of the collection.
"It's not about money so much as it is about turning the ownership over to someone better equipped for stewardship of these artifacts," Sellers said in January.
A planned press conference that had been scheduled for Wednesday was canceled to "conduct these negotiations with due diligence and confidence."
On its website, Premiere Exhibitions said it "will provide an additional update to shareholders as soon as practical" and reschedule its announcement afterward.
The auction by Guernsey's, a New York City auction house, was scheduled for April 11, close to the actual 100th anniversary of the sinking of the ship on April 15, just five days after it left Southhampton, England, on its maiden Atlantic voyage to New York.
Premier's collection, ranging from fine china to ship's fittings, was recovered in seven expeditions to the wreck site from 1987 to 2004 and painstakingly stabilized following their recovery from 2 ½ miles beneath the ocean's surface.
Portions of the collection currently are on display at The Henry Ford in Dearborn, now through Sept. 30.
"Titanic: The Artifact Exhibition" is scheduled to come to the Grand Rapids Public Museum in 2013.
The collection of some 5,500 artifacts were appraised at $189 million in 2007. But that doesn't include additional intellectual property -- video of the dives, 3D images of the ship, and the first comprehensive survey map of the site -- gathered from a scientific investigation in 2010.
In January, Sellers said The Titanic collection won't necessarily go to the highest bidder. The buyer -- mostly likely a museum, foundation or similar institution -- will have to demonstrate its ability to preserve and maintain the collection
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Valued Member
United States
344 Posts |
@Cajunlady0. I wasn't born beautiful or rich. @Foolsgold.  I like to get one for my collection, but looks like they'll probably go to a museum. |
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Pillar of the Community
United States
1397 Posts |
Quote:
I like to get one for my collection, but looks like they'll probably go to a museum. I personally think that is exactly where they should go. Their value (to me) isn't so much monetary, but historical value. |
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Replies: 11 / Views: 2,884 |
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Posted 01/04/2012 8:00 pm
