I have a brass colored lifeboat flag that is mounted on a large board. It apparently hung over a door jam for years or was above a fireplace mantel. A deceased friend of mine said he bought it in New Jersey years ago from a Titanic survivor. On the back of the flag is pasted an old note from one individual to another with the date April 1912 on it.
Is there a collector value to this piece? I don't have a lot to go on other than the story my friend often repeated regarding his purchase of the flag.