Princess Diana’s John Travolta dress has finally sold

There is hardly a Princess Diana dress more iconic than the velvet Victor Edelstein she wore to dance with John Travolta during a state banquet at the White House given by US President Ronald Reagan in 1985.

John Travolta has since said he didn't have plans to dance with her, but was told by Nancy Reagan that the Princess had asked for it to happen, so he tapped on her shoulder at midnight and invited her on the dance floor for fifteen minutes to a medley of Grease and Saturday Night Fever amongst other tunes.

As for the dress, Diana had seen in burgundy, but asked the designer to create it in a midnight blue for her, and it looked perfect with her sapphire and pearl choker.

The dress was originally auctioned off by the Princess herself for charity in 1997 (sold for £120,000), and was last sold at auction in 2013, to a husband wanting to surprise his wife (for £240,000).

Though the dress was originally auctioned off last week by Kerry Taylor Auctions, it surprisingly failed to reach the reserve prices of £200,000, while it was expected to go for up to £350,000.

However it has now been snapped up by the Historic Royal Palaces for £220,000, and will soon go on display as part of its Royal Ceremonial Dress Collection.

The curator of the exhibition, Eleri Lynn, said, 'So many designers have spoken to me about Diana's incredible charisma and presence. Even designers who had many years' experience of dressing celebrities and royalty talked about how Diana had the ability to make them feel as if they were walking on air. I think Diana's real triumph in fashion was that she rose above it, so that by the end, all you saw was her.'

Penny Goldstone

Penny Goldstone is the Digital Fashion Editor at Marie Claire, covering everything from catwalk trends to royal fashion and the latest high street and Instagram must-haves.

Penny grew up in France and studied languages and law at the Sorbonne Nouvelle University in Paris before moving to the UK for her MA in multimedia journalism at Bournemouth University. She moved to the UK permanently and has never looked back (though she does go back regularly to stock up on cheese and wine).

Although she's always loved fashion - she used to create scrapbooks of her favourite trends and looks, including Sienna Miller and Kate Moss' boho phase - her first job was at MoneySavingExpert.com, sourcing the best deals for everything from restaurants to designer sales.

However she quit after two years to follow her true passion, fashion journalism, and after many years of internships and freelance stints at magazines including Red, Cosmopolitan, Stylist and Good Housekeeping, landed her dream job as the Digital Fashion Editor at Marie Claire UK.

Her favourite part of the job is discovering new brands and meeting designers, and travelling the world to attend events and fashion shows. Seeing her first Chanel runway IRL at Paris Fashion Week was a true pinch-me moment.