Princess Diana's Star-Studded Gown Shatters Auction Records, Fetches $1148 Million

Princess Diana's dress from 1985 was sold at auction for a record-breaking $1.148 million, which is 11 times more than its estimated value. Designed by Moroccan-British fashion designer Jacques Azagury, the blue and black dress has become the most expensive dress worn by the princess to be sold at auction, surpassing the previous record of $604,800. According to a media statement by Los Angeles auction house Juliens Auctions.

The dress was designed by Moroccan-British fashion designer Jacques Azagury.

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Diana wore the dress, which features a black velvet bodice embroidered with stars, in the Italian city of Florence in April 1985, and in Vancouver, Canada in May 1986.

The dress, accompanied by a coordinating illustration, was sold in Juliens "Hollywood Legends" auction, culminating on Sunday. Among the items sold was a blush-pink chiffon blouse that was worn by Diana in her engagement portrait in 1981, fetching a price of $381,000, nearly four times its original estimate.

The black sheep knit sweater worn by Princess Diana became the most valuable sweater ever sold at auction, fetching a record-breaking $1.143 million in New York earlier this year. The quirky wool sweater adorned with sheep also set the record for the highest price paid for a garment worn by Diana, who wore it in 1981 while engaged to Prince Charles.