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Dress like a royal: Princess Diana's Versace gown is up for auction

Princess Diana's embellished silk Versace gown, which she wore on the cover of Harper's Bazaar, is being auctioned.
/ Source: TODAY

Ever dreamed of owning a dress worthy of a beloved princess? Well, now's your chance: Princess Diana's embellished Versace gown is being auctioned on June 27. It was featured in the photo that graced the cover of Harper's Bazaar in November 1997, right after she passed away.

Princess Diana's infamous Harper's Bazaar Versace dress is up for auction
Princess Diana's iconic Versace dress is going to be auctioned nearly 25 years after she posed for it. Lady Di was photographed by her official photographer Patrick Demarchelier.Harper's Bazaar

The blue silk gown, embellished with gold stones and faceted blue topaz, aquamarine and white colored glass in a geometric pattern is supposedly the first dress Gianni Versace, the founder of the fashion house and late brother of Donatella, ever created for the princess, according to the auction house's website. The gown reportedly hung on a hanger labeled "Lady Diana" for years before she ever donned the item. The magazine cover photo was shot back in 1991 by famed fashion photographer Patrick Demarchelier.

Princess Diana
(FILE PHOTO): The world film premiere of Diana, directed by Oliver Hirschbiegel, is being screened in London on September 05, 2013. The film, starring Naomi Watts in the title role and Naveen Andrews as Dr Hasnat Khan focuses on the last two years of the life of Diana, Princess of Wales. Please refer to the following profile on Getty Images Archival for further imagery. GREAT BRITAIN - NOVEMBER 20: Diana, Princess of Wales attending a Gala evening in aid of Cancer Research at Bridgewater House in London, Her dress has been designed by Jacques Azagury (Photo by Tim Graham/Getty Images)Getty Images

The timing of the auction comes just five days before what would have been the princess' 54th birthday. While the auction is open to the public, bidding for the gown starts at a steep $30,000 dollars with the auction house estimating that it's value is between $60,000 to $80,000. Dressing like a royal clearly comes at a price.