Market Desk (online): Britain late ‘Princess Diana’ favorite pair has been put up for auction. Her famous aubergine silk velvet dress will be auctioned at Sotheby’s in New York later this month.
In the auction the pair is likely to be sold around US $120,000. In the past, princess items used by her had also been put up for auction the proceeds of which have been invested in charity work. On August 31, 1997 she had died in a car crash in Paris.
The latest Sotheby’s auction will only be the 2nd time; the first was in 1997 during a charity auction that included 79 dresses donated by Diana. It was sold for US$ 24,150 at the time with the whole auction collectively reaching US$ 3.25mn.
Edelstein designed several pieces for Diana for more than a decade from 1982 to 1993. The aubergine dress was part of his autumn 1989 collection.
“When I started designing for her she was just starting to move away from the first period of clothes, what I think were rather like little girl’s clothes made bigger,” Edelstein recalled in a quote on Sotheby’s catalogue note. “Her style became more sleek and sophisticated and more grown up.”