Extra special about the bag—which is made of lambskin and adorned with decorative metal letters that spell out Dior—is the fact that when Diana first received it, it wasn’t yet on sale. But after being gifted the box-shaped tote, the princess carried it often, which led to it being renamed the Lady Dior in 1996, after Diana herself. She even commissioned a second version in navy blue to “match the color of her eyes,” according to British Vogue. To this day, it’s considered one of the most iconic handbags of all time.
The estimated value? Julien’s has the Lady Dior handbag placed between $20,000 and $30,000. (The current bid registered is $12,500, but there’s nearly a month to go before the live auction takes place.) As we’ve seen with other Princess Diana auctions recently, the closing value is often way beyond what was initially expected. For example, it was estimated that Diana’s Warm & Wonderful sheep sweater would fetch between $50,000 and $80,000. It ultimately sold for over $1 million.
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