Princess Margaret's jewellery, including £100 secondhand watch Queen Mother bought her, to fetch millions at public auction | Mail Online
3 April 2013
Round 2?
The article does not state the current ownership of the various pieces although it is likely to be Viscount Linley and/or Lady Sarah.
Princess Margaret's jewellery, including £100 secondhand watch Queen Mother once bought her, to fetch millions at public auction
- Rare collection of personal items to go under the hammer in Birmingham
- Items include a flawless 5.16 carat diamond ring expected to fetch £750,000
- Secondhand gold watch by Cartier, bought as present by Queen Mother also on sale
A rare collection of personal items that once belonged to Princess Margaret is to go under the hammer for the first time at a public auction. The Princess Margaret Collection, which comprises belongings from her apartment in Kensington Palace, will be sold at the 'Antiques for Everyone' auction in Birmingham this month.
Items going under the hammer include a flawless 5.16 carat diamond ring, made for the Princess in 1970, that is expected to fetch £750,000. A solid gold clock with the princess' initial with a crown over it is expected to fetch up to £140,000. Other items for sale include trinkets, paintings and photos of the Princess, with prices beginning at £2,000.
A Cartier watch bought for Princess Margaret by the Queen Mother for her 20th birthday will also feature in the sale. The Queen Mother purchased the art deco watch second hand from the famous jewellers in 1940 for just £100. It is now worth £150,000.
A spokesman for Riverside Antiques said: 'All of the items on sale have been authenticated by Princess Margaret’s son Lord Linley. 'What is so compelling about the collection is that it is part of the fascinating and sometimes turbulent life of the Princess and many of these items were personally used or worn by her.'
Also for sale, but not at the fair because of its size, is a four poster bed which was made for the royal Princesses’ grandparents. It resided mainly at Glamis Castle where Princess Margaret was born and is widely believed to be the bed she was born in.
v some items
1. the 5.16 carat diamond ring - in presentation box
2. top of the gold clock with Princess Margaret's monogram
3. the art deco Cartier watch
4. the 5.16 carat diamond ring - worn by a model
Thumbnail images form heavily cropped portions of larger photographs.
