Life jacket worn by Titanic survivor to be sold in 'truly incredible' first-of-its-kind auction

A life jacket worn by a survivor of the Titanic disaster is going on sale Saturday in a first-of-its kind auction over 114 years after the ocean liner sank in the most notorious maritime disaster in history

A life jacket worn by a survivor of the Titanic disaster is going on sale Saturday in a first-of-its kind auction over 114 years after the ocean liner sank in the most notorious maritime disaster in history.

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The U.K. auction house Henry Aldridge & Son Ltd. says the extraordinarily rare artifact is estimated to sell for 250,000 pounds ($339,000) to 350,000 pounds ($474,000).

The life jacket was worn by Laura Mabel Francatelli, who was traveling in first class on the doomed luxury liner. According to the auction house’s listing, Francatelli was a secretary to fashion designer Lucy Duff Gordon, who was famous for her dress designs in popular London, Paris and New York salons.