The auction, conducted by Sotheby’s, witnessed an intense bidding war during its final moments, with the highest bid skyrocketing from $190,000 to the ultimate selling price of $1.1 million.
This sale established a new auction record for an item once worn by the late princess. Lady Diana Spencer made headlines four decades ago when she sported this unique garment, featuring a single black sheep among a sea of white sheep, at one of Prince Charles’ polo matches in June 1981, shortly after their engagement.
Crafted by the fashion brand Warm & Wonderful, this sweater was among the initial creations of co-founders Sally Muir and Joanna Osborne. It quickly became a sensation, sparking a massive viral and cultural moment, as acknowledged by Sotheby’s.
The symbolism of the sweater and its profound connection with Diana sparked extensive discussions among global media, fashion critics, and the general public, as detailed in the auction house’s description.
Accompanying the sweater are two letters from Buckingham Palace addressed to Joanna Osborne. The first letter, dated July 16, 1981, was sent by Diana’s private secretary, Oliver Everett, requesting repairs or a replacement for the sweater. The second letter, dated September 28, 1981, expressed gratitude for fixing the sweater and conveyed Diana’s anticipation of having it back.
Earlier this year, Kim Kardashian secured Princess Diana’s pendant, the amethyst and diamond “Attallah Cross,” with a winning bid of $197,453.
The discovery of Princess Diana’s original sheep sweater in the attic by Osborne and Muir from Warm & Wonderful was a momentous find. They stumbled upon a small box containing this iconic garment in March of the same year. In their statement, they expressed their gratitude for the impact Diana had on their business and their deep appreciation for her unique connection to the black sheep design. They are delighted that this cherished sweater has now found a new home, carrying with it the enduring legacy of Princess Diana.
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