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Margaret Thatcher Asprey handbag 'could raise £100,000' Margaret Thatcher Asprey handbag raises 'just' £25,000
(about 3 hours later)
A handbag once owned by former Prime Minister Margaret Thatcher is predicted to raise £100,000 at a charity auction. A handbag once owned by former Prime Minister Margaret Thatcher has raised £25,000 at a charity auction.
The handbag is part of two charity sales at Christie's by Jeffrey Archer featuring his own art collection and donations from famous people. The Asprey handbag had been expected to attract up to £100,000 during sales at Christie's organised by ex-Conservative Party deputy chairman Jeffrey Archer.
The Asprey handbag was famously pictured with Baroness Thatcher alongside Ronald Reagan. Baroness Thatcher was famously pictured with the bag as she stood with then US President Ronald Reagan in 1985.
Proceeds will benefit Combat Stress, the British Forces Foundation and Debra, a skin condition charity. It was bought by an unnamed Cypriot, thought to have studied in Britain while the "Iron Lady" was in power.
Edwina Currie, a former minister in Baroness Thatcher's government, spoke of her memories of the famous handbag, saying: "It wasn't a shield, it was a weapon. Proceeds of the sales will benefit Combat Stress, the British Forces Foundation and Debra, a skin condition charity.
Edwina Currie, a former minister in Baroness Thatcher's government, spoke of her memories of the handbag, saying: "It wasn't a shield, it was a weapon.
"It said, 'I am Margaret Thatcher, I'm the boss, I'm in charge. I have all this power and I have control'."It said, 'I am Margaret Thatcher, I'm the boss, I'm in charge. I have all this power and I have control'.
'Filing cabinet''Filing cabinet'
"That was why the handbag was always so neat and tidy and black and shiny and dominant. It would go on the Cabinet table."That was why the handbag was always so neat and tidy and black and shiny and dominant. It would go on the Cabinet table.
"She used it as her filing cabinet and made herself notes during the day or at events and flourish them."She used it as her filing cabinet and made herself notes during the day or at events and flourish them.
"She would open her handbag and she would have notes and thoughts about an event or questions about an issue, and you were not allowed to rummage in your own handbag, you had to have the answers in your head."She would open her handbag and she would have notes and thoughts about an event or questions about an issue, and you were not allowed to rummage in your own handbag, you had to have the answers in your head.
"She was allowed to use hers as an additional hard drive if you like.""She was allowed to use hers as an additional hard drive if you like."
The former prime minister, known as the "Iron Lady", was born in Grantham, Lincolnshire, in October 1925. The former prime minister was born in Grantham, Lincolnshire, in October 1925.
The charity sale that features the handbag also includes donations from Eric Clapton, Bernie Ecclestone, Lawrence Dallaglio, Sir Michael Parkinson and Ian Botham. The sale that featured the handbag also included donations from Eric Clapton, Bernie Ecclestone, Lawrence Dallaglio, Sir Michael Parkinson and Ian Botham.
Pieces from Jeffrey Archer's art collection will also be up for auction, including works by Sickert, Monet, Renoir, Rodin and Warhol. Pieces from Jeffrey Archer's art collection have also been up for auction, including works by Sickert, Monet, Renoir, Rodin and Warhol.
Lord Archer will host the gala evening and also make an appearance as a guest auctioneer at Christie's, London on Monday.