agreed. it was in fact on the ship, and did go down with it somehow. most people do think its in the pursers office on C deck. that would also make the most sense since that's where most people were trying to get their valuables out before the sinking, and plenty of things went down with the ship in that area. i don't think it should be brought up. the titanic site is no different then a grave site. and while it is absolutley fasicinating to study its artifacts, it should be left alone. however, if they're going to bring anything up they might want to get started on working on that soon... since it's rusting away...