Princess Beatrice's Hat Fetches $130,000
05/23/2011 AT 07:15 AM EDT
The price? $130,000, and it's all going to charity.
The 22-year-old daughter of Prince Andrew and Sarah, Duchess of York, had placed the Philip Treacy creation on eBay, to benefit two charities close to her heart: UNICEF and Children in Crisis, which was established by her mother.
Expressing her delight when the sale ended late Sunday, Beatrice said of the hat: "It has its own personality, and I am so happy that we have raised the most incredible amount of money and can make an even bigger change for the lives of some of the most vulnerable children across the world."
– Simon Perry