It was written on embossed Titanic stationery by first-class passenger Alexander Oskar Holverson, who was intending to post it to his mother in NY.
"If all goes well we will arrive in NY (on) Wednesday".
Possessing a peculiar manner the entrepreneur also talks about how he saw on Board the ship "the richest man" of that time - John Jacob Astor and his wife.
After the disaster, the letter was received by Mr Holverson's mother and remained in the family.
Collectors hunting this letter because it was written 13 April 1912 - the day before built at the shipyards of Belfast ocean liner collided with an iceberg.
The letter is one of the last known to have survived the sinking - it still carries stains from its time in the Atlantic.
The Holverson family chose to sell the letter at an auction in the Southern English town of Devizes and was hosted by Henry Aldridge & Son.
News has been going around the internet that a letter belonging to one of the passengers of Titanic has been discovered and sold at an auction for 166,000 dollars.
Auctioneer Andrew Aldridge described this anonymous buyer as a person who collects a unique historical items. Mary survived the sinking whilst her husband died along with more than 1,500 people.
"He looks like any other human being even tho (sic) he has millions of money", he wrote.
The letter was auctioned off for almost $250,000 New Zealand dollars.
"They sit out on deck with the rest of us".
Oscar was buried in Woodlawn cemetery in NY.
When the body of Halverson got out of the water, when it found a notebook, the pages of which was this letter. Although the high price points to people's interest in the history of Titanic, one can not help but wonder the plight of the victims when they knew their lives were coming to an end.
"It reflects its status as the most important Titanic letter that we have ever auctioned".
Iron keys from the Titanic also sold for 76,000 pounds ($128,000).