Winning Titanic auction bidder to be revealed

Brian Wainger, spokesman for Premier Exhibitions Inc. speaks during the Titanic Auction preview by Guernsey's Auction House in New York. Credit: Reuters

The winning bidder in a single let auction of more than 5,000 artifacts from the world's most famous shipwreck is to be unveiled by Guernsey's Auctioneers and Brokers in New York.

The entire collection of artifacts recovered from the Titanic wreck site is being offered for saleas a complete collection in one lot. The event is being held as a"sealed-bid" style auction.

A pair of binoculars recovered from the RMS Titanic. Credit: Reuters

The artifacts were recovered during seven expeditions to the site that took place between 1987 and 2004.

Among the collection is 100 items of jewellery and a seventeen ton (34,000 lb) section of the Titanic's hull, measuring approximately seven meters high by nine meters wide.

Jewellery recovered from the RMS Titanic will form part of the collection. Credit: Reuters

ITV News' Geraint Vincent visited Guernsey's Auctioneers and Brokers in New York to take a look at the memorabilia ahead of the auction.