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Princess Diana's old Raleigh Traveller ladies bike has sold at auction to an American buyer for £44,000.

Princess Diana's old Raleigh Traveller ladies bike has sold at auction to an American buyer for over $61,000.

AN OLD bicycle once owned by Princess Diana has sold for a staggering £44,000 at a Sussex auction – and the price may have been boosted by Netflix show The Crown. The 1970s Raleigh Traveller was bought for more than double its estimate at Burstow and Hewett antique auction house in Battle. The Princess of Wales is believed to have ridden the bicycle each day to her workplace, a Pimlico nursery, before marrying Prince Charles in 1981. However, it was reportedly dubbed “not suitable for a royal” by palace officials and Diana was forced to get rid of it. A letter of authenticity c...

The bike up for auction. Picture from Burstow & Hewett SUS-210428-102451001 The item, which was declared ‘unfit for a Princess’ was one of a number of lots to be auctioned. The estimated price it was expected to sell for was between £15,000 and £20,000. But it sold for more than twice the amount at £44,000 at Burstow & Hewett Auctioneers in Battle. The letter of authenticity from Gerald Stonehill who acquired the bike directly from Diana. Picture from Burstow & Hewett SUS-210428-102932001 Included with the bike was a newspaper article from 1981 and a framed letter from Gerald Stonehill...