The celebrated “black sheep” sweater first worn by Lady Diana Spencer at a polo match in 1981 when she was engaged to the now King Charles III will headline Sotheby’s Fashion Icons auction ...

LONDON — It was the black sheep amid rows of white that stood out most prominently on Princess Diana’s bright red sweater in 1981. Decades after her death, the iconic fashion item sold for $1. ...

Instead, it was country casual knitwear. The piece: a “black sheep” sweater first worn by the late Diana when she attended a polo match in 1981, while she was engaged to the now King Charles III.

The gavel finally fell following a winning bid of $1.143 million — which reportedly makes the sweater the world’s most expensive. Princess Diana’s Black Sheep Sweater is on display on the ...

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 “black sheep ...

This sheep doesn’t come cheap. Princess Diana’s famous black sheep sweater stunned fashion fans Thursday when it sold at auction for an astounding $1.1 million, breaking the record for the ...

Caitlin O'Kane is a New York City journalist who works on the CBS News social media team as a senior manager of content and production. She writes about a variety of topics and produces "The ...