Princess Beatrice`s royal wedding hat sold for staggering 81,100

Princess Beatrice's royal wedding hat has been sold for a staggering £81,100.

The young royal posted the hat on auction site eBay to raise money for two charities and the bidding exceeded all expectations.

Dragon's Den star Duncan Bannatyne kicked off the bidding with a generous offer of £5,000 and it escalated from there.

The hat has been compared to everything from a pretzel to a toilet seat when she wore it at her cousin Prince William's wedding last month.

One hundred and fourteen bids were placed during its run on the site.

In a statement, Beatrice said: 'I've been amazed by the amount of attention it has attracted. I hope whoever wins the auction has as much fun with the hat as I have.'

Princess Beatrice's Royal Wedding "Fascinator" For Sale

Remember that ridiculous “fascinator” that Princess Beatrice wore to the Royal Wedding?

How could you forget, it got as much press as the actual wedding. If you fell in love with it and can't live without it you are in luck because the hat can be yours for the right price.

"She's putting it up on eBay to auction it for UNICEF and for Children in Crisis," Beatrice's mother, Duchess Sarah Ferguson told Oprah.

Celebrity hat designer Philip Treacy made the hat and it got so much press. People just didn't understand why someone would wear such a hat and pay a ton of money for it. I'm talking in the thousands.

Whoever buys it can possibly use it as art work?