London - A handbag that once belonged to former British prime minister Margaret Thatcher was sold for 25,000 pounds (40,000 dollars) at auction at Christie's in London Monday.
The black leather bag, which Thatcher wore during a 1985 meeting with former US president Ronald Reagan, was among prize lots during an auction for charitable causes, Christie's said.
It was sold to an unnamed Cypriot who was a student in Britain when Thatcher was in power between 1979 and 1990.
The glossy black leather bag was auctioned for charity by Lord Archer who said: “It automatically makes you think of Lady Thatcher.”
It was bought by an unnamed Cypriot who is said to be a “great admirer” of the former Conservative leader.
Lawrence Dallaglio’s match ball from England’s victorious 2003 Rugby World Cup final also went for £12,500 at Christie’s in London.