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Meet the man behind record-breaking Titanic artefacts sales

In a quiet Wiltshire town, an auction house has become a global leader in selling some of the most sought-after Titanic artefacts – with tens of millions of pounds' worth of items passing through its doors.

Henry Aldridge & Son, based in Devizes, holds the world record for every major Titanic item ever sold at auction, with prices continuing to climb more than a century after the ship sank.

Managing director Andrew Aldridge says selling the pieces feels extraordinary: "It's fascinating and you become emotionally involved in the stories."

Aldridge believes that interest goes beyond the individual objects and puts this enduring fascination down to the individual stories of crew and passengers.

Meet the man behind record-breaking Titanic artefacts sales

Andrew Aldridge has sold tens of millions of pounds worth of Titanic memorabilia

In a quiet Wiltshire town, an auction house has become a global leader in selling some of the most sought-after Titanic artefacts – with tens of millions of pounds' worth of items passing through its doors.

Henry Aldridge & Son, based in Devizes, holds the world record for every major Titanic item ever sold at auction, with prices continuing to climb more than a century after the ship sank.

Managing director Andrew Aldridge says selling the pieces feels extraordinary: "It's fascinating and you become emotionally involved in the stories."

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Bond Market Sell Off: Welcome to the “Titanic Effect”

On April 14, 1912, at 11:40 pm, the Titanic—the legendary passenger ship regarded as unsinkable—tore open its hull on an iceberg during its maiden voyage from Southampton to New York. The watertight compartments filled with water, and—just 2 hours and 40 minutes later—the ship sank in the icy waters of the North Atlantic. Approximately 1,517 people lost their lives—not least because the Titanic did not carry enough lifeboats and the crew failed to summon help by radio in time.

To stay with the metaphor: Just as the iceberg collision ultimately led to the Titanic’s demise, a continued rise in interest rates can plunge the global financial and economic system into severe distress and, in the extreme case, trigger a fatal collapse, the going under, of the world’s financial and economic system. Let us call this the “Titanic Effect.”

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