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Titanic Life Preserver To Be Auctioned In NYC

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May 29, 2008 1:11 pm US/Central

Titanic Life Preserver To Be Auctioned In NYC

NEW YORK (AP) ―

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A life preserver from the ill-fated R.M.S. Titanic is going on the auction block next month in Manhattan. It is one of about six believed to have survived to this day.

Christie's auction house says it is the first one to be offered at auction in the United States. It is expected to fetch $60,000 to $80,000 at the June 25 sale.

According to Christie's catalog, the vest contains water, oil and possibly blood stains.

The vest was found during the initial recovery effort following the April 14, 1912, disaster.

Another Titanic life preserver was sold at Christie's in London last year for $119,000.