Nov. 11, 2012
/PRNewswire/ -- PawnUp.com served up a total of
today at an auction held by Julien's Auctions of Beverly Hills. The first bid was placed on a slice of cake from the wedding of the Prince and Princess of
who were famously united in 1981. While the cake is no longer suitable for human consumption, it was still expected to fetch between
$1000 and $2000
. It ultimately sold for
. In a surprising twist, the winning bid for the brandy-infused slice of wedding cake from the union of
was estimated to be between
$600 and $800
, and yet the winning bid was an astonishing
So what could have prompted this seemingly bizarre purchase? The auction house describes these items as "ultimate in Royal historical memorabilia." In this context, the purchase by the
online pawn shop
makes perfect sense. PawnUp.com buys items outright, and provides short and long term loans on luxury goods and collectibles.
"Despite the fact that we can't eat them, the wins couldn't be any sweeter," said
, a spokesperson for PawnUp.com. The online
has no immediate plans for the iconic pastries but Martin did go on to say, "We greatly admired the late
's dedication to helping disadvantaged people the world over. Our company's mission is also to provide assistance to those in need. Therefore, whatever we decide to do, we intend to honour her by continuing to extend goodwill to others."
In the meantime, the cakes will be housed in the secure offices of PawnUp.com
. "They couldn't be safer if they were locked up in Buckingham Palace itself," said Martin. He added, "By purchasing both pieces of Royal wedding cake, PawnUp.com is delighted to have the opportunity to keep a little piece of the Royal family together; and hopefully happily ever after."