The blue velvet gown that Princess Diana wore when she danced with John Travolta at the 1985 White House state dinner recently went up for sale with Kerry Taylor Auctions… and despite high hopes that it would fetch up to $450K, no one snatched it up. According to “People,” the bids on the gown didn’t reach the reserve price, so it was sold post-auction to a British institution instead for about $290K.
