In 2006, Princess Margaret’s son David Linley sold her mother’s heirlooms in a controversial auction. For settling a £3 Million inheritance bill, he sold off 800 items of his mother. A private collector purchased 50 items, and he is now offering them in an online sale. Once again, the expensive and royal treasured possessions and mementos of the family are going to sell in the online market. The most expensive item that is part of the Sale is a 5.16-carat diamond ring.Image Credit: Daily Mail
In 2006, when David organized the auction to sell his mother Princess Margaret’s Heirlooms. It landed the Royal family in a controversy. There were speculations to find out the reasons. However, David had to settle down the inheritance tax bill, which was about £3 Million. The items that are now going to sell in the auction include expensive jewelry. The value of the items has increased dramatically. The man who is doesn’t want to reveal his identification has set up a website and looking ahead to sell the Royal Possessions. Heftier price tags will attract people who love to squander money. The person would be feeling it to be the perfect time as the popularity of Netflix’s season. The Crown is also on the rise. In an interview, he said that the Royal Possessions shouldn’t be sold off in the first place, but it’s a heritage for our children and history to remember.
David Linley and Lady Sarah courted a Royal controversy when they put Princess Margaret’s Heirlooms up for Sale in an auction. He sold off $18 Million worth 800 items. However, a person bought 50 items out of 800, and now the items are out for Sale again. However, this time the price has increased dramatically. The items include a $14 Million worth of expensive diamond ring, along with a $227972 worth bed that once belonged to Queen’s grandparents. Moreover, a Cartier Watch worth of $162837is also up for sale. It’s been 14 years that Princess Margaret’s on David Linley organized the infamous auction to sold out his mother’s Heirlooms.