Princess Diana’s scarlet Bruce Oldfield gown goes up for auction in Beverley Hills – with bidding already at $25,000

A historic gown worn by Princess Diana is up for auction, with the highest bid currently at $25,000.

The iconic scarlet silk dress, designed by Bruce Oldfield for Diana in the 1980s, is on sale at Julien’s auction house in Beverley Hills.

The late royal wore the dress several times, twice in 1989 and once on November 18, 1991, at the world premiere of Hot Shots in London, reports Julien’s.

The mother of two has long been associated with esteemed British designer Bruce Oldfield, 73, whose patrons include Queen Camilla and Sophie, Duchess of Edinburgh.

While the highest bid is currently $25,000, the jacquard dress is estimated to fetch between $200,000 and $400,000.

In the post, Julien wrote, “Bid now on this historic Bruce Oldfield dress; owned and worn by the late Princess Diana.

Princess Diana’s scarlet metallic jacquard chiffon dress, designed by Bruce Oldfield, was worn on several occasions, twice in 1989 and once on November 18, 1991, at the world premiere of Hot Shots in London.

‘Princess Diana and her fashion always had an audience, all over the world, that was fascinated with her and her dresses, especially this bespoke Bruce Oldfield design.

‘Oldfield’s design is both lightweight and tailored with its loose, hand-gathered bust, slanted ruffled shoulders and a fitted bodice with ruffles from under the bust to below the hips.

The horizontal pleats fan out from the center seam and extend to the placket at the back.

‘The bodice closes past the hips and flows into an open skirt; the hem subtly floats on the floor.

“A label that reads ‘Bruce Oldfield, Custom Made, London’ is present.”

Julien’s auction house, where the dress is auctioned, focuses on high-profile auctions in the fields of film, music, art and sports.

The dress was designed by Bruce Oldfield, whose patrons include Queen Camilla and Sophie, Duchess of Edinburgh.

While the highest current bid is $25,000, the jacquard dress is estimated to fetch between $200,000 and $400,000

The late royal wore the dress several times, twice in 1989 and once on November 18, 1991, at the world premiere of Hot Shots in London (pictured), Julien’s

The auction house has a number of items related to Princess Diana currently up for auction, including a previously unpublished letter in which she reveals her “anxiety” about her new life as a bachelor ahead of King Charles’s divorce.

The revealing letter, written to the president of the Royal New Zealand Foundation for The Blind, will be auctioned next month by Julien’s Auctions and Turner Classic Movies in Beverly Hills, California.

Diana cited “personal circumstances, particularly my marriage to the Prince of Wales” as the reason for her resignation from her role at the charity, where she was a patron, according to The Telegraph.

The mother-of-two explained that she was unable to provide the level of “dedication” required for the role as she had to “reorganize” her life.

Julien’s is also auctioning other items related to the deceased royal family, including a previously unpublished letter revealing her “anxiety” about her new life as a bachelor ahead of King Charles’s divorce.

She added that while she remained hopeful, there were still “some issues” she needed to resolve.

In the letter, Diana explained that she was writing “with great sadness” to step down from her position as patron of the charity.

She explained: ‘As you know my personal circumstances, particularly my marriage to the Prince of Wales, have been the subject of detailed conjecture over the past few months, and this will soon be formalized in the normal legal manner.

“While I look to the future with hope, I do so with some trepidation, as there are a number of issues I will need to resolve.”

Diana continued: ‘As I try to reorganize my life it will not be possible for me to offer you the right level of commitment and I think there may be someone else better suited to support you in everything you do .’

The letter was dated July 15, 1996, the month before Charles and Diana formally separated on August 28, 1996.