Princess Margaret's Iconic Bracelet Sold for Over Half a Million Dollars

A mesmerizing diamond and pearl gold bracelet that was once worn by Princess Margaret has sold for over half a million dollars.

A bracelet that belonged to Princess Margaret, Queen Elisabeth's glamorous younger sister, was put up for auction by Dix Noonan Webb in London. The timeless jewelry piece has sold for $ 552,560, according to DPA.

The glittering Art Deco diamond and pearl bracelet was worn by Princess Margaret for her official 19th birthday portrait. The famous photo that had a fantastically painted backdrop was taken on 8 July 1949, by the famous British photographer Cecil Beaton. The portrait was published on 21 August 1949.
The bracelet was first sold by Christie's in 2006 as part of a set of jewelry from the princess' collection four years after her death.
Princess Margaret
Photo source: Dix Noonan Webb / facebook.com
Copyright: Bettmann Collection via Getty Images.

This fascinating jewel was made in 1925. It is a wonderful piece crafted with a double row of cultured pearls bordering a millegrain-set line of circular-cut diamonds and a diamond and pearl openwork geometric clasp.

Princess Margaret's Iconic Bracelet Has a New Master

The bracelet was purchased by a bidder who did not disclose his identity for 552,560 dollars.

"(The price) does not only reflects the strength of the current auction market but also the overriding importance of provenance. Princess Margaret was photographed wearing this bracelet on numerous occasions which certainly added to the appeal of the piece, attracting international interest and extremely competitive bidding – an exceptional result for the vendor," said Frances Noble, the company's associate director and head of the jewelry department.

The iconic photo of Princess Margaret was taken by Beaton on July 8, 1949, and published on her birthday, August 21.

"She was at Lords for the Eton and Harrow match, and got back a bit late but she is such a quick dresser that a few moments after her return she appeared changed into the new evening dress Hartnell had supplied her that morning – a dull dress of white tulle embroidered with sequin butterflies and a rainbow tulle scarf around the waist. 'She looked very pretty and wore quite a lot of make-up – and the eyes are of a piercing blue – catlike and fierce and so very pristine and youthful'," the photographer wrote in his diary about Princess Margaret.

View our Collection of Antique & Vintage Jewelry 

Shop now