In a historic auction at Sotheby’s, Princess Diana’s renowned red ‘black sheep’ sweater, adorned with a single black sheep among rows of white ones, fetched an astounding $1.1 million, setting a new record for the highest price ever paid for a garment worn by the beloved Princess. This iconic piece of fashion history was first donned by Princess Diana in 1981, shortly after her engagement to Prince Charles was announced. The sweater, celebrated for its symbolic black sheep motif, became a poignant emblem of Princess Diana’s unique place within the royal family, signifying her sense of being an outsider.
Originally estimated to sell for between $50,000 and $80,000, the sweater, which was rediscovered by its makers Joanna Osborne and Sally Muir, exceeded all expectations during the auction. After a dramatic bidding war that lasted 15 intense minutes and featured 44 bids, the price skyrocketed from $190,000 to the staggering final bid of $1.1 million. The winning bidder’s identity has remained confidential, adding an element of mystery to this historic purchase.
“We are thrilled that this cherished sweater has now found a new home, carrying with it the enduring legacy of Princess Diana,” exclaimed Muir and Osborne, the creators of the iconic garment, in a statement.
Notably, this sale also established a new world record for the most valuable sweater ever sold at auction, surpassing the previous record set by Kurt Cobain’s green cardigan, which sold for $334,000 in 2019. Princess Diana remembered as the mother of Prince William and Prince Harry, divorced Prince Charles in 1996 before her tragic and untimely death in a car crash in Paris in 1997 at the age of 36.
This extraordinary auction and the remarkable price achieved for Princess Diana’s sweater underline the enduring fascination and admiration for the People’s Princess, whose fashion choices continue to captivate and inspire the world.
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