Underwear Sells for $8,000

How much would you pay for a pair of underwear? What if it had historical value? What if it were the personal underwear of the late Austrian Emperor Franz Joseph I, the grizzled man pictured here?

At least one person answered that question for themselves. Last week, a collector at an auction in Austria paid €6,250  (about $8,102) for just such a pair. The underwear was embroidered with the initials from the Royal Household laundry, and had initially been valued at around €3,000.

With what was probably his very last pair of underwear gone, now the Emperor really has no clothes!


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