Revenge, It Turns Out, Appraises at $300,000

The dress Princess Diana wore the night her estranged husband, Prince Charles, went on television and admitted to an affair is heading to auction, with bidding expected to climb as high as $300,000. Designed by Christina Stambolian, it has been known ever since as the revenge dress — a piece of fashion history built on timing as much as tailoring. Down here, where a closet full of well-chosen dresses counts as its own kind of currency, the appeal needs no translation: it's proof that the right silhouette, worn with nerve, can outlast whatever the evening was actually about.

With reporting from Robb Report.