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Online auction of Princess Margaret's collections

19 Jun '06
1 min read

In one of the biggest auction of British royal memorabilia for 20 years, gems, jewelry and paintings belonging to Queen Elizabeth's late sister were displayed recently for sale.

In order to meet an inheritance tax bill of up to 4 million pounds (US $7 million), Princess Margaret's son and daughter have placed them for sale.

Princess Margaret's collection varied from the tiara she wore on her wedding to a glass crucifix given to her by the late Queen Mother.

Bids have been lined up from the United States, Russia, the Middle East and Europe.

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