Carpathia gold Titanic medal up 13.8% on estimate
- On 30/07/2012
- In Auction News
From Paul Fraser Collectibles
A gold medal awarded to an officer from the Carpathia, the first ship to reach survivors of the Titanic disaster, has beaten its estimate at a UK auction.
The gold medal awarded to Second Officer James Bisset sold for £41,000, 13.8% up on the £36,000 high estimate.
The "unsinkable" Molly Brown, who would later be portrayed on the big screen for her efforts to rescue passengers, was among a group of first class passengers from the Titanic who decided on awarding Carpathia crewmembers medals.
"Carpathia gold medals are some of the rarest pieces of Titanic memorabilia to exist today; this is only the second gold Carpathia medal to be offered in the last 25 years and is thought to be the most senior officer's medal to ever to go under the auctioneer's hammer," the auction house said, helping explain its strong performance at the sale.
A bronze medal awarded to a lower ranking Carpathia crew membermade $2,000 last year.