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Thatcher’s Handbag Sells for $150,000

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From Times Wire Reports

Former Prime Minister Margaret Thatcher once described her handbag as the only safe place in Downing Street. But even the baroness was startled to find her little black Ferragamo at the center of a fierce bidding war. Thatcher’s leather bag, bought for about $450 in the 1980s, sold for $150,000 in the Breast Cancer Care charity’s Internet auction. The bag was purchased by investment specialist Ian Rushbrook of Edinburgh, Scotland.

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