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The Guardian - UK
The Guardian - UK
Politics
Haroon Siddique

Margaret Thatcher's power suits and handbags up for auction

Margaret Thatcher’s red dispatch box are among the items available at the Christie’s auction.
Margaret Thatcher’s red dispatch box are among the items available at the Christie’s auction. Photograph: Peter Nicholls/Reuters

More than 150 items from Margaret Thatcher’s estate, including her prime ministerial dispatch box, wedding dress, power suits and several handbags are being sold at auction in London.

Thatcher’s Chaumet emerald and diamond necklace.
Thatcher’s Chaumet emerald and diamond necklace. Photograph: Ben Stansall/AFP/Getty

The sale at Christie’s comes after the V&A reportedly turned down an offer to exhibit the late prime minister’s clothes, a claim that was denied by the museum. The auction house describes it as “providing public and private insights into the trajectory of a political titan”.

A silk scarf and coat.
A silk scarf and coat. Photograph: Peter Nicholls/Reuters

The 186 items are being sold individually with estimates for the lots ranging from £200 to £180,000. At the top end of the range is an art deco emerald and diamond necklace by Chaumet.

The former PM’s navy leather handbag.
The former PM’s navy leather handbag. Photograph: Peter Nicholls/Reuters

The red dispatch box is expected to sell for up to £5,000. Thatcher’s wedding outfit – comprising a midnight blue velvet dress, a matching soft brimmed cap topped with a pink ostrich feather, a blue velvet muff and an art deco brooch – is estimated to fetch up to £15,000.

Porcelain busts of Thatcher and Winston Churchill.
Porcelain busts of Thatcher and Winston Churchill. Photograph: Nils Jorgensen/Rex

There is also a figure of an American bald eagle, with the inscription: “Presented to the Hon Margaret Thatcher, prime minister of Great Britain for staunch and spirited support of the market economy principle. The award was presented by the Hon Walter H Annenberg with the best wishes from Ronald Reagan, president of the United States June 13th1984, presented at the Foreign Office, 10 Downing Street.”

A figure of an American bald eagle presented to Thatcher on behalf of Ronald Reagan.
A figure of an American bald eagle presented to Thatcher on behalf of Ronald Reagan. Photograph: Lauren Hurley/PA

In total, more than 400 objects from the estate of Britain’s only female prime minister are being offered by Christie’s, with the other 233 lots being auctioned in an online sale, which began on 3 December and ends on Wednesday.

A book called Perestroika, a gift from former Mikhail Gorbachev in 1987.
A book of the Soviet Perestroika movement, a gift from the former leader of the USSR Mikhail Gorbachev, in 1987. Photograph: Frank Augstein/AP

The online auction includes one of Thatcher’s dressing tables and a set of five caricatures, one of which features John Major in a child’s harness and reins being pulled by a woman carrying a handbag. The woman’s face is not visible but it is clearly intended to be Thatcher, reflecting the perception of her as a backseat driver during her successor’s reign. The caption reads: “Life is tougher for today’s children (Barnado’s survey)”.

Thatcher’s iconic shoulder-padded outfits and jewellery are up for grabs, including her iconic blue suit.
Thatcher’s famous shoulder-padded outfits and jewellery are up for grabs, including her signature blue suit. Photograph: Peter Nicholls/Reuters

Handbagging is a verb that the Oxford English Dictionary notes was “coined in the 1980s by Julian Critchley, Conservative MP, with reference to Margaret Thatcher’s ministerial style in cabinet meetings” over her sometimes ruthless conduct towards cabinet members.

So naturally a number of her bags appear in the auctions, including a classic navy blue leather item by Launer, London, being offered with a Washington University silk scarf and estimated to fetch up to £3,000. Together, the two sales are expected to raise about £500,000 for unnamed beneficiaries of Thatcher’s estate.

A George III diamond flower brooch.
A George III diamond flower brooch. Photograph: Peter Nicholls/Reuters

Thatcher, the longest-serving British prime minister of the 20th century, died in 2013, aged 87.

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