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Chamberlain waves farewell to onlookers as he boards his plane to Munich, Germany, in 1938.

The plane ticket wartime prime minister Neville Chamberlain used on his infamous 1938 trip to broker a peace deal with Hitler has emerged for sale for 15,000 pounds.

Chamberlain waved the ticket before boarding the flight to Munich on September 29 to hold crisis talks with the Fuhrer following Germany's invasion of Czechoslovakia earlier that year.

On his return to Britain the following day, Chamberlain triumphantly declared that war had been averted and he had secured "peace for our time".

But just a year later he was forced to make the embarrassing announcement that Britain was at war with Germany following Hitler's continued invasion of Europe.

The British Airways ticket is tipped to fetch 15,000 pounds when it goes under the hammer at London auction house Spink and Son on behalf of a private collector on July 18.