Diana's Serpentine Gown Trades London for a Turn on Sotheby's New York Block

Christina Stambolian's black cocktail dress, worn by Princess Diana to a fundraiser at London's Serpentine Gallery, returns to auction for the first time in thirty years. Sotheby's New York is handling the sale, bringing the gown to an American saleroom after its earlier turn under the gavel, when proceeds benefited cancer and AIDS charities. This time, it's New York taking the reins on a dress the world already knows on sight.

With reporting from WWD Fashion.