London: The "world's most valuable biscuit" which survived the sinking of the Titanic more than a century ago, will go under the hammer later this month and is expected to fetch between 8,000 and 10,000 pounds.


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The cracker - which was kept as a souvenir by James Fenwick, a passenger on board SS Carpathia which helped rescue some of the Titanic's passengers - was stored by him in a Kodak photographic envelope with an original note which read "Pilot biscuit from Titanic lifeboat 1912".


The Spillers and Bakers pilot biscuit- a type of cracker made from flour and water survived the sinking of the Titanic on April 15.


"It is the world's most valuable biscuit," Andrew Aldridge from Henry Aldridge & Son auctioneers in Wiltshire, UK said.


"It is incredible that this biscuit has survived such a dramatic event - the sinking of the world's largest ocean liner - costing 1,500 lives," he added.


The cracker, which will go under the hammer on October 24, was part of a survival kit stored within one of the ill- fated ocean liner's lifeboats, the Mirror reported.


It is estimated to fetch between 8,000 and 10,000 pounds.


The biscuit will be sold alongside the Fenwick archive - a unique photographic history of the rescue of the survivors from the Titanic.