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During Sotheby’s annual January Royal and Noble collection sale, US reality TV star Kim Kardashian bought the diamond and amethyst Attallah Cross necklace, previously worn by Diana, Princess of Wales.
The pendant, which weighs 5.25 carats, was sold for US$197,453 (£160,000) – almost double the pre-auction estimate.
The diamond and sapphire encrusted pendant was originally designed in the 1920s by the court jeweller, Garrard, and later became part of the collection of Naim Attallah, a Palestinian-British businessman and writer. Attallah was the former chief executive of brands at Asprey and Garrard and a friend of Diana.
The necklace’s legacy and association with Diana, have secured its place in fashion’s rich history. That it has become a part of Kardashian’s collection is a reminder of the power of celebrity in driving economic value.
How an association with the more transient celebrity of the social media age will impact the longevity of fashion memorabilia is less certain.
Celebrity sells
The Attallah cross is an addition to Kim Kardashian’s growing collection of celebrity memorabilia – items representative of fashion and popular culture’s diverse history.
Kardashian has previously bought a jacket worn by Michael Jackson for her daughter North and one of only two Alexander McQueen oyster dresses in existence, which she altered in order to wear it to the 2020 Vanity Fair Oscars party. The garment was described by Andrew Bolton, curator of the Metropolitan Museum of Art, as “arguably the most important dress of the 21st century”.
Kardashian also famously wore Marilyn Monroe’s JFK birthday dress to the Met Gala in 2022. The move caused controversy over both the dramatic weight loss she underwent to fit into the dress and the alleged subsequent damage to the garment.
Mass media representation has fuelled society’s fascination with celebrity. When a famous person dies, this can intensify, which may explain Kardashian’s drive to own these iconic items.
The trade in celebrity-owned fashion items isn’t limited to extraordinary pieces like the Attallah cross. In 2013, a false nail worn by Lady Gaga was sold for US$12,000.
Read Full Story https://theconversation.com/kim-kardashian-buys-princess-dianas-necklace-how-the-cult-of-celebrity-creates-value-for-fashion-history-199028