Ending Soon! Save 33% on All Access

Famed Princess Diana Sweater Fetches Record-Breaking $1.1 Million at Auction The pullover garment was worn by the Princess of Wales on two different occasions.

By Emily Rella

A piece of royal history broke records at auction last week when the late Princess Diana's beloved sheep sweater sold for over $1 million.

The Warm & Wonderful brand sweater that the then-19-year-old infamously wore to see her soon-to-be husband (now King Charles III) play polo in 1981 fetched $1.1 million when bidding closed on September 14.

The pullover red "black sheep" sweater is adorned with little white sheep silhouettes all over it except for one very bold black sheep hidden in the rows of white sheep.

Diana, Princess of Wales, wearing 'Black sheep' wool jumper by Warm and Wonderful to Windsor Polo, June 1981 (Getty Images)

The symbolism was thought to be purposeful, as Diana was often seen as the "black sheep" with her outspoken candor and rebellious fashion choices.

Related: 9 Princess Diana Quotes to Inspire You to Be a Better Person

Diana wore the sweater for a second time two years later once she was married to Charles, this time with a long black bow near the collar of a white shirt she wore underneath.

The sweater was sent back to Warm & Wonder designers Joanna Osborne and Sally Muir for repair but the two decided to just knit Diana a new one altogether. The original was simply forgotten about and left in Osborne's attic, where it was found 40 years later.

Diana, Princess of Wales, Prince Charles and Sarah Ferguson attend a polo match at Smith's Lawn, Guards Polo Club, in Windsor, June 1983 (Getty Images)

"When you're a royal, you have access to any fashion you possibly want," Cynthia Houlton, SVP and global head of fashion and accessories at Sotheby's said in a release. "She didn't need that sweater; she didn't need to replace it. It's not Chanel; it's not custom. Not only did she want it replaced, but two years later she actually wore it."

Related: Prince William Inherited a $1 Billion Estate: See Photos

According to ArtNews, the sweater was expected to sell for roughly $80,000.

The sheep sweater beat out Kurt Cobain's green cardigan for the most expensive sweater sold via auction. Cobain's cardigan fetched an estimated $334,000 in 2019.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.

Growing a Business

The Right Way to Ask Someone for a Million Dollars, According to a Fundraiser Who Does It For a Living

No matter what you're raising money for, Wanda Urbanskia says, the same basic rules apply.