Sir, The extraordinary prices realised during the auction of some of the late Princess Margaret’s effects (reports, June 13 and 14; letter, June 17) deserve the response caveat emptor more than many recent sales.
The quality of particular lots has taken second place to mere provenance. Unlike Diana, Princess Margaret was not an icon. The recent mania for royal items and memorabilia is, unless they are of quality, absurd. Being a royalist, I have occasionally walked out on to the A4 to pay my respects when corteges headed for Windsor. We were thick on the ground for the last journey of the late Queen Mother. In the case of Princess Margaret, a friend and myself were the only people in sight.
BRIAN NORTH LEE
London W4