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When one door closes, a decades-long debate begins. 1997's Titanic featured one iconic scene after another, yet perhaps the most memorable prop - aside from the titular vessel itself - was the wood panel Rose used to stay afloat after the disaster at sea. Now, that famous prop has sold for over $700,000. The slab is often called a door, though actually, it is a piece of wood paneling inspired by a real detail from the Titanic. To this day, director James Cameron receives calls and letters about that prop, and its price tag at auction reflects its continued stardom alongside the two leads Kate Winslet and Leonardo DiCaprio. The wooden slab prop from 'Titanic' has sold at auction for over $700,000 https://twitter.com/nytimesarts/status/1773041276314677259 The Titanic prop is a balsa wood slab that sold at an auction by the restaurant and resort chain Planet Hollywood. "Based on the most famous complete piece of debris salvaged from the 1912 tragedy, this intricately carved prop bears a striking resemblance to the Louis XV-style panel housed in the Maritime Museum in Halifax, Nova Scotia," its listing describes. RELATED: James Cameron Asks Scientists: Could Jack Have Stayed On ‘Titanic’ Door With Rose? The panel itself was part of the doorframe to the entrance to the first-class lounge. The detailing was derived from the Rococo architectural style. The final price tag that the Titanic superfan had to pay at auction for this prop was $718,750. A treasure trove of cinematic history The famous door-like prop from Titanic sold at auction for over $700,000 / YouTube screenshot To own this piece of Cameron's Titanic is to own a bit of cinematic history and a part of one of the most famous disasters in recent memory. That's because the sets in Titanic were devotedly recreated almost precisely from how the real sunken ship looked, right down to the patterns on the glassware. This slab, according to Heritage Auctions, is based directly on a complete piece of debris salvaged from the 1912 wreckage. https://twitter.com/AltanInsights/status/1772292467808759992 But other buyers went home with some remarkable props that day too. Other items up for auction included Harrison Ford's whip from 1984's Indiana Jones and the Temple of Doom, which sold for $525,000. Meanwhile, the axe wielded by Jack Nicholson at the end of The Shining sold for $125,000. Additionally, a Spider-Man suit worn by Toby Maguire netted the same amount. Which of these film props would you want to own the most? The panel is a piece of cinematic and disaster history / ©20th Century Fox Film Corp. All rights reserved./Courtesy Everett Collection RELATED: Before James Cameron, First ‘Titanic’ Movie Was In 1912 Starring Real Survivor