Princess Margaret's Former Bracelet sells for almost £400,000

Princess Margaret's Former Bracelet sells for almost £400,000

diamond and pearl bracelet worn by the late Princess Margaret has been sold for almost £400,000 to an unknown buyer during an auction.

The item was famously worn by the royal in a photograph that was taken to mark her nineteenth birthday

The beautiful piece of jewellery dates from around 1925 and features a double-row of cultured pearls which border on a line of circular-cut diamonds.

It was sold by the auction firm Dix Noonan Webb's at their Mayfair saleroom in central London and its final price was £396,800, including buyer's premium.

Frances Noble, the company's associate director and head of the jewellery department, said of the sale price: "It not only reflects the strength of the current auction market but also the overriding importance of provenance.

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