Beginning August 12, this beautiful chiffon evening gown designed by Catherine Walker will go up for auction on E-Bay. Valued at more than $300,000, the Princess wore the gown to the Cannes Film Festival in 1987 and again to the opening of Miss Saigon in 1989. All proceeds from the sale will go to America's Promise Alliance to support a cause close to Diana's heart - helping underprivileged children. America's Promise Alliance is a non-profit organization founded by General Colin Powell to to ensure that all children have the fundamental resources needed to lead successful happy lives.
The auction runs through August 22 and the starting bid is $125,000.