Princess Diana's Daring Black Dress Fetches Over $275,000 at London Auction

Lady Diana Spencer at a charity event at in London. (AP Photo/Peter Skingley)
NEW YORK (CBS) The daring black taffeta dress that transformed Princess Diana into a fashion icon has been sold at a London auction for more than $275,000.

PICTURES: Princess Diana, Style Icon
PICTURES: Remembering DianaPICTURES: Diana's Majestic Wedding

At the age of 19, the then Lady Diana Spencer wore the silk number to a London charity event - her first official engagement with fiance Prince Charles.

With its revealing neckline and dark hue, the dress was deemed by many as too daring for the bride-to-be.

The gown was designed by David and Elizabeth Emanuel.  The two would later design Princess Diana's wedding dress.

In her book, "A Dress for Diana," quoted in a BBC report, Elizabeth Emanuel wrote, "The transformation was incredible. She arrived looking like the nursery school teacher she was, but now she looked like a movie star." 

The dress, which was expected to fetch anywhere between $44,000 and $73,000, was sold to a Chilean fashion museum.

"It's the perfect ending to a perfect sale," said auctioneer Kerry Taylor.

PICTURES: The British Royals
PICTURES: Images of Royalty


Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

Watch Now

New Android App

For your Android phone and tablet, download the FREE redesigned app, featuring CBSN, live 24/7 news.

The all new
CBS News App for Android® for iPad® for iPhone®
Fully redesigned. Featuring CBSN, 24/7 live news. Get the App