By Eliza Gray
April 18, 2015

Correction appended, April 21

A deckchair that was pulled from the wreckage of the Titanic more than a century ago has found a new home.

The chair was sold at an auction in England on Saturday, fetching just over 100,000 pounds including taxes and fees, or nearly $150,000, a representative of the Wiltshire auction house told TIME.

The chair sat on the first-class deck of the luxury ship that sank after hitting an iceberg in 1912, killing 1,500 people.

It was discovered floating on the surface of the ocean by a crew dispatched to recover bodies from the wreckage in 1912, the Guardian reports. The chair originally belonged to a member of that crew, and then to an English Titanic collector who owned it for the last 15 years and used it as a display item in his home.

It was sold by auctioneer Henry Aldridge and Son to an unnamed collector in the U.K.

Correction: The original version of the photo caption accompanying this story misstated the location of the Maritime Museum of the Atlantic. It is in Halifax, Canada.

Contact us at editors@time.com.

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