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September 21, 2017

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Suits once worn by 'Iron Lady' sell at auction for 73,000 pounds

LONDON--Seven suits belonging to former British Prime Minister Margaret Thatcher, including the one worn on the day she was confirmed as Conservative Party leader, fetched 73,000 pounds at a London sale on Monday.

The jade green wool outfit worn for her Tory coronation in February 1975 proved to be the prize lot at the Christie's auction, selling for 25,000 pounds (US$39,700) to an anonymous bidder.

An online bidder in South Korea snapped up the six remaining garments for 48,125 pounds.

The suits are thought to be the first of Thatcher's clothes to be sold at a public auction.

The divisive leader's famous handbag which struck fear into the hearts of British ministers during the former premier's rule sold at a charity auction last year for 25,000 pounds.

Thatcher frequently used the black Asprey bag on important occasions, such as summits with then-U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev during her 1979-1990 premiership.

The items formed part of Christie's "London Sale," a unique auction held to celebrate Queen Elizabeth II's Diamond Jubilee and the London Olympics.

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