Margaret Thatcher’s suits up for auction

Lia Grainger
Shine On
August 31, 2012

Have you ever wondered what it feels like to carry the fate of great nation in your hands? Or, if you're a woman, exactly what a lady like Margaret Thatcher was thinking on the day she was confirmed as the leader of the conservative party? While you may never have the chance to find out, this coming Monday you you'll at least have the chance to buy one of Margaret Thatcher's iconic power suits.

Seven of the Iron Lady's suits are hitting the block this Monday, at a special London-themed event that will also see an original 1966 Routemaster bus, vintage posters of London landmarks and a model of London Zoo's Guy the Gorilla auctioned off, reports BBC News.

The dresses, which Thatcher wore at the beginning of her reign in the '70s, are expected to fetch between 1000 to 1500 pounds each.  When you think about the fact that a Chanel suit can easily cost upwards of $2500, Thatcher's old threads start to look like a bit of steal. Last year one of her handbags sold for $25,000, likely as a result of the expression "handbagging" for the way she handled unruly backbenchers during her years as prime minister.

Here in Canada, our lone female PM, Kim Campbell, was only in office for a little over four months — hardly long enough for her padded '90s suits to be auction-worthy.

Our neighbours to the south have a far more illustrious history of suit worship: the pink Chanel suit that Jacqueline Kennedy wore the day John F. Kennedy was assassinated is held in the National Archives in a temperature-controlled secret room that has the air changed six times a day. It has never been on public view, but may be revealed in 2013 in accordance with the family's wishes.

Now that's some suit-related mystique.

To learn about this fall's fashion dos and don'ts, check out the video below.

More from Shine on Yahoo! Canada

Comparing Kate and Diana's styles
How to layer up for fall
How to rock fall's biggest trends

What to Read Next

Meet Local Singles Over 55

Single women looking to meet a man. Click to see pics!

VA Mortgage Rates In 2016

VA Rates as Low as 3.25% (3.405% APR) 30 Year Fixed. Exclusive For Veteran & Military Takes 1 Min!

Netgear Router Help & Support. (1-877-218-4133)

Get Your Router Fixed Now By Our Network Experts. Router Reset Up Done Instantly. WiFi Setup & Password Recovery. Wireless Range Extender Setup,

Drivers Born Between 1953 And 1983 Must Read This

United States drivers who drive less than 50mi/day will be surprised. If you pay more than $50/month for auto insurance, you better read this...

What On Earth Happened To Marsha Brady!?

These Stars Look Absolutely Nothing Like Before...