Well promoted auction of Princess Diana dresses is approaching its historic date. And well on time. Just last week Michael Jackson’s Thriller leather jacket sold for over $400,000. Diana’s dresses are expected to raise over $5 million in Toronto next week.
14 evening dresses come with a story and hallmark photos – all nostalgic and recognizable. The dance with Travolta is perhaps the most memorable. The auction will take place in Toronto on June 23, 2011 at Waddington’s Auction House on Bathurst & King St.
According to the auction house appraisals dresses are estimated between $150,000 to $475,000. Experience shows that many times the estimated price is only to set approximate starting bid and most likely dresses will go for over $500,000 each.
Diana sold her collection of dresses just two years before her tragic death to raise funds for her charitable foundation. In reaction to Diana’s death entrepreneur Maureen Rorech Dunkel has created a People’s Princess Charitable Foundation to carry on Diana’s mission. They were used in the Dresses for Humanity Exhibition tour that over the years circulated the world delivering an illustrative story of Diana’s life. Kensington Palace also borrowed the dresses to be displayed as part of its Royal Ceremonial Dress Collection where the Princess lived from 1981 to 1997.
Dresses collection told a story of Diana’s journey as a “Peoples Princess” and described her personality and character to over a million of viewers who saw the exhibit. By looking at these particular 14 dresses one can draw a picture of Diana’s fun part of personality that was evolving over the time she was married to Prince Charles. From a 19 year old, newly wed princess Diana turned into an iconic figure of humanity in just one decade.
Mrs. Dunkel purchased dresses with a charitable purpose and now after undergoing bankruptcy is in need to sell. Proceeds from sale will go Canada’s National Ballet School.