Alan Aldridge, of auction house Henry Aldridge and Son, has said he does not think any other piece of Titanic memorabilia will raise as much as the violin sold today:
– Alan Aldridge, auctioneer
I don't think this price will ever be beaten. The violin was the most iconic item we have seen and there were some very, very wealthy people bidding.
We estimated between £200,000 and £300,000 but we always said it had the potential to hit £1 million.
It is the only piece of Titanic memorabilia that has the potential to reach £1 million - it is so, so iconic.
He said that with the addition of the buyer's premium and VAT, the final price would top £1 million.