Princess Diana鈥檚 iconic sheep sweater could fetch at least $50,000 at auction

A Sotheby's employee looks at the historic Princess Diana black sheep jumper at the auction house Sotheby's in London, Monday, July 17, 2023. The 'Worn on Several Occasions & Adored by the Fashion Icon' jumper will be on auction headlining Sotheby's inaugural fashion icons sale in New York this September at an Estimate of $50,000 鈥 80,000, 38,000-61,000 pounds. (AP Photo/Frank Augstein)

LONDON (AP) 鈥 A red sweater adorned with a flock of sheep worn by the young Princess Diana is expected to sell for more than $50,000 at auction.

The playfully patterned wool jumper featuring a single black sheep amid a pattern of white ones headlines Sotheby鈥檚 online Fashion Icons sale in September.

The 19-year-old Lady Diana Spencer was photographed in the garment at a polo match in June 1981, soon after her engagement to Prince Charles, who was then heir to the British throne.

Diana was already becoming a 鈥- and one of the world鈥檚 most photographed women 鈥 and the moment gave a big boost to designers Sally Muir and Joanna Osborne, who made the sweater for their small knitwear label Warm & Wonderful.

A few weeks later, Muir and Osborne received an official letter from Buckingham Palace explaining that Diana had damaged the sweater and asking whether it could be repaired or replaced. The original was returned, showing damage to a sleeve the designers thought might have been caused by snagging on Diana's diamond and sapphire engagement ring.

A new sweater was knitted and dispatched, and Diana was photographed wearing it with white jeans and a black ribbon tie at an event in 1983.

Some have speculated Diana liked the 鈥渂lack sheep鈥 pattern because she felt like an outsider in the royal family. sported a replica as the young Diana in season four of 鈥淭he Crown.鈥

Warm & Wonderful still makes a cotton version of the design, which sells for 190 pounds ($250). Osborne discovered the original lying forgotten in a box in an attic earlier this year.

Cynthia Houlton, Sotheby鈥檚 global head of fashion and accessories, said 鈥渢his exceptional garment, meticulously preserved, carries the whispers of Princess Diana鈥檚 grace, charm, and her keen eye for fashion.鈥

The sweater, which has an estimated price of $50,000 to $80,000, will be on display at Sotheby鈥檚 New York showroom from Sept. 7-13. Online bidding opens Aug. 31 and runs to Sept. 14.

The record for a piece of Diana memorabilia is $604,800 for a sold by Sotheby鈥檚 in January.

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