Here’s Why a 3-Year-Old Slice of Cake Just Sold for $7,500

TIME

A slice of Prince William and Kate Middleton’s wedding cake from their iconic 2011 marriage was auctioned off Friday for $7500.

Julien’s Auctions was expecting the piece of eight-tier fruit cake, which comes in a tin with a blank wedding invitation on the Queen’s stationary, to sell for only $1,000 to $2,000, CNN Money reported. The auction house had bought the cake slice from one of the wedding’s guests.

Julien’s previously sold a slice of cake from the wedding of Prince Charles and Princess Diana for just over $6,000, the auction house told CNN. At that time, the cake was about 27 years old.

The auction also featured five of Princess Diana’s dresses, which sold for a total of over $458,000.

[CNN Money]

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