Margaret Thatcher Collectibles And Memorabilia

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2015-06-26 10:38:38

Margaret Thatcher (Baroness Thatcher) (1925 - 2013) is a former Prime Minister of the U.K who led the country from 1979 to 1990.

Known as the ‘Iron Lady’, she was the first female Prime Minister of the United Kingdom and is famous for leading the country during the Falklands War in 1982.

Background

Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC, FRS, née Roberts (13 October 1925 – 8 April 2013), was a British politician, the longest-serving (1979–1990) Prime Minister of the United Kingdom of the 20th century. She also remains the only woman ever to have held the post.

During her premiership, a Soviet journalist nicknamed her the "Iron Lady", a term that became associated with her uncompromising politics and leadership style. As Prime Minister, she implemented Conservative/Thatcherite policies, which were incredibly unpopular with vast swathes of the British population. Massive unemployment coloured her decade as Prime Minister, while she is often credited with widening the gap between the haves and have nots via her deregulation of the financial markets, castrating of the unions, programmes of large scale privatisation and implementation of country-wide taxes that were considered unfair by those on middle to low incomes, or of socialist inclinations.

Originally a research chemist before becoming a barrister, Thatcher was elected Member of Parliament (MP) for Finchley in 1959. Edward Heath appointed her Secretary of State for Education and Sciencein his 1970 government. In 1975 Thatcher defeated Heath in the Conservative Party leadership election and became Leader of the Opposition, as well as the first woman to lead a major political party in the United Kingdom. She became Prime Minister after winning the 1979 general election.

After entering 10 Downing Street, Thatcher introduced a series of political and economic initiatives to reverse what she perceived to be Britain's precipitous national decline. Her political philosophy and economic policies emphasised deregulation (particularly of the financial sector), flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Thatcher's popularity during her first years in office waned amid recession and high unemployment, until economic recovery and the 1982 Falklands War brought a resurgence of support, resulting in her re-election in 1983.

Popular opinion regarding lady Thatcher is largely negative. Her timely death on April 8 inspired a number of vitriolic responses on the social networking site Twitter. Inspired by an Elvis Costello song containing the same line, George Galloway tweeted, “Tramp the dirt down”, while members of the public responded variously, and in kind.

Thatcher was re-elected for a third term in 1987, but her Community Charge (popularly referred to as "poll tax") was widely unpopular and her views on the European Community were not shared by others in her Cabinet. She resigned as Prime Minister and party leader in November 1990, after Michael Heseltine launched a challenge to her leadership. Thatcher held a life peerage as Baroness Thatcher, ofKesteven in the County of Lincolnshire, which entitled her to sit in the House of Lords.

Notable sales

Margaret Thatcher's Northern Ireland "Battle Bus" sold for $26,000 at JP Humbert in February 2013.

Margaret Thatcher's jade green wool business suit sold for £25,000 at Christie's in September 2012. (A number of other suits also sold in the same session.)

The Margaret Thatcher Spitting Image puppet sold for £2,040 at Christie's in December 2007.

A Helmut Newton Margaret Thatcher portrait sold for £27,500 at Christie's in May 2011.

Other sales

A commercial cast bust of Margaret Thatcher sold for £8 at The Chippenham Auction Rooms in November 2012.

A signed hardback edition of Margaret Thatcher The Downing Street Years sold for £160 at International Autograph Auctions LTD. in March 2013.

A Margaret Thatcher scarf and signed letter sold for £350 at The Fame Bureau in April 2009.

Three typed Thatcher-autographed letters sold for $400 at Hantman's Auctioneers & Appraisers in May 2004.

Memorabilia

Margaret Thatcher’s famous black Asprey handbag sold for £25,000 at a Christie's charity auction on June 27 2011. It had been expected to achieve around £100,000.

At a Christie’s auction in 2008, a green silk scarf worn by the Prime Minister during 1979 sold for £400.

In 2007 Bonhams sold the puppet of Margaret Thatcher used by the British satirical television series ‘Spitting Image’ for £5,040.

In 2000, a black Salvatore Ferragamo bag formerly owned by Thatcher was sold for £82,110 at a charity auction.

Autograph

Political memorabilia is highly collectible and authentic hand signed Margaret Thatcher publications or book plates, as well as letters, documents, and signed photographs are available at a comparatively low cost.

Collectors should look out for telling, significant and personal content when purchasing documents.

Authenticity is naturally a key consideration.

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