Titanic survivor’s life jacket sells for over $900,000 in landmark auction | CNN

A life jacket worn by a survivor of the Titanic sold for £670,000 (around $904,500) at an auction Saturday, far exceeding expectations in what was billed as a “once in a generation” sale. The jacket, which was expected to fetch between £250,000 ($339,000) and £350,000 ($474,000), is the only one from a survivor of the 1912 tragedy to go under the hammer, according to UK auction house Henry Aldridge and Son. The garment was worn by Laura Mabel Francatelli, a first class passenger on the historic liner, which sank 114 years ago this week. When RMS Titanic set sail on April 10, 1912, she was the largest passenger ship in service and considered to be “unsinkable.” Just four days later, the Titanic’s maiden voyage was transformed into an international tragedy when the ship struck an iceberg in the North Atlantic at 11:40 p.m. April 14. The ship, which sank in less than three hours, did not have enough lifeboats for the approximately 2,220 people on board. Only about 700 people survived. Francatelli was secretary to fashion designer Lucy Duff Gordon and was travelling to Chicago with her employer and employer’s husband, Cosmo Duff Gordon. All three survived after they mana