Princess Margaret's Famous Bracelet Is Up For Sale & Can Be Yours For $55,000!

Princess Margaret's famous bracelet is up for sale and can be yours for $55,000! Get details.

If you want to emulate the royals, here is your chance! A famous bracelet that Princess Margaret — who was known for her sophisticated style — wore in her 19th birthday portrait in 1949 will be up for sale next month through Dix Noonan Webb's Jewellery, Watches and Objects of Vertu.

The Art Deco piece could sell for up to $55,000.

"We are delighted to be selling this exquisite Art Deco diamond and cultured pearl bracelet which was formerly the property of HRH Princess Margaret," Frances Noble, head of jewelry and associate director at Dix Noonan Webb, shared. "This is a rare opportunity to purchase a very personal piece of Royal history with an impeccable provenance."

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As for what the bracelet entails, the description reads: "The double strand of cultured pearls highlighted by a millegrain-set row of brilliant-cut diamonds, to a cultured pearl and diamond-set shield-shaped clasp of openwork geometric design, millegrain edged, mounted in platinum, the clasp engraved with the ownership mark 'M' beneath The Princess Margaret's coronet, further stamped 'M' for Mikimoto and 'P' for platinum, later fitted case by Cartier."

The piece of jewelry is in "overall very good condition," but the box is "heavily scuffed" on the outside.

Margaret — who died in 2002 — wore the bracelet in August to mark her big day, and the photo was taken by renowned British photographer Cecil Beaton.

This is hardy the first time an item of the royals has gone up for sale. Recently, a slice of Prince Charles and Princess Diana's wedding cake was on the market, and it's expected to go for £500 (nearly $700).

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The slice — which is 8 inches by 7 inches — has been stored in a decorative tin for 40 years and has a royal coat of arms in blue, gold and red on it.

"It appears to be in exactly the same good condition, but we advise against eating it," Chris Albury, who works at Gloucestershire's Dominic Winter Auctioneers, said.