Most-expensive Princess Diana dress ever sold at auction fetches more than…

Princess Diana: Julien’s Auctions, which sold the gown, had listed it with an estimate of $100,000 to $200,000.

A dress worn by Princess Diana has become the most expensive item of her clothing to be sold as it fetched 11 times the asking price at an auction. The ballerina-length evening dress was designed by Moroccan-British fashion designer Jacques Azagury. It was worn by the late Princess in Florence in 1985 and Vancouver in 1986 and was sold for a record-breaking $1,148,080 (£904,262).

Princess Diana's dress fetched 11 times the asking price at an auction.

Julien’s Auctions, which sold the gown, had listed it with an estimate of $100,000 to $200,000. The price was almost double the $604,800 fetched by the sale of Princess Diana’s 1991 velvet gown by Victor Edelstein in January.

Martin Nolan, co-founder and executive director of Julien’s Auctions said that the buyer was a private individual who planned to exhibit the dress in the future.

“We had quite a lot of interest in the dress but ultimately it came down to two people that really wanted it, certainly at those record-breaking prices,” Martin Nolan said, adding, “There were a lot of people online, on the phones and even live, so great interest, as expected.”