Margaret Thatcher's Power Suit Fetches Rs 22 Lakh

Image courtesy: AP

A turquoise wool suit that Margaret Thatcher wore on the day she was confirmed as Conservative Party leader has sold at auction for £25,000 (approx Rs 22 lakh).

An anonymous bidder bought the dress suit, by British designer Mansfield, at a Christie's auction in London late Monday.

Separately, a buyer in South Korea snagged six other striking outfits on auction, all of which were worn by Thatcher in the 1970s before she became prime minister.

Those outfits included a canary yellow dress with navy trim and a matching jacket that the former leader wore to the Conservative Party Conference in 1975; a blush pink outfit Thatcher wore in a BBC show in which she was interviewed about her skin care regime; and a silver and gold cocktail ensemble.

In total, the outfits fetched a little more than £73,000 (approx Rs 64.6 lakh) far exceeding the initial estimates of £1,000 to 1,500 (approx Rs 88, 600 to Rs 1.3 lakh) for each outfit.

The sales were part of a 'London' themed auction that included royal, Olympic and political memorabilia.

Source: AP