The Titanic wreck: How the world’s most famous maritime tragedy became a billion-dollar industry

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The OceanGate Titan tragedy reinvigorated conversations about the Titanic’s unique position as both a solemn icon and a bona fide industry from Hollywood to the auction block since it sank in 1912.…

What kind of Titanic artifacts have been rescued?

Sidney Leslie Goodwin’s shoes on display at the Maritime Museum of the Atlantic in Halifax, Canada. Sidney Goodwin was a 19-month-old English boy who died during the sinking of the Titanic, referred to for decades as “the Unknown Child.”The identity of “the Unknown Child” was found through DNA and a process of elimination, revealing the 19-month-old to be Sidney Leslie Goodwin, whose 8 family members also perished in the tragedy.

Since 1987, RMST alone has conducted eight expeditions to the site to recover artifacts from in and around the wreck. Among theare china plates from First, Second, and Third Class, as well as numerous leather bags, articles of clothing and jewelry. Aldridge and Son has sold several other Titanic objects, including a storeroom key and an uneaten biscuit that sold for around $178,280 and $19,000, respectively,The Titanic objects industry, however, received a blow in 2020, when the US and the UK signed a treaty to preserve the “sensitivity and respect” of the wreck site — including the prevention of artifact collecting,“Now any salvage by companies or individuals based within the UK and USA will be carried out only with the permission of...

But while the sinking itself was a once-in-a-lifetime tragedy, the drama has moved imaginations — and wallets — countless times over the years.

 

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