Dragon’s Den star bids £5k for Princess Beatrice’s bizarre hat

Princess Beatrice's 'antler' fascinator that she wore to the Royal Wedding was put up for auction yesterday on eBay.

First to place a bid for the wacky design was entrepreneur and Dragon's Den judge Duncan Bannatyne, offering £5,000. He encouraged others to get involved in the sale that will aid the children's charities Unicef and Children in Crisis.

[See also: Princess Beatrice's hat 'ridiculous' becomes an internet sensation]

Left: Princess Beatrice arriving at the Royal Wedding Right: First bidder Duncan Bannatyne.

The Philip Treacy design was mocked by the world over after Beatrice sported the hat to William and Kate's big day.

It became an internet sensation spawning a Facebook fan page dedicated to 'Princess Beatrice's Ridiculous Royal Wedding Hat' and funny Photoshop pictures suggesting other uses for the hat including a cat-flap and laboratory bowl.

It was even compared to a Turkey Twizzler and Pretzel.

[Gallery: See funny mock-ups of Beatrice's hat]

In a statement announcing the online auction Beatrice said, "I've been amazed by the amount of attention the hat has attracted. It's a wonderful opportunity to raise as much money as possible for two fantastic charities."

The ambassador for Children in Crisis added, "I hope whoever wins the auction has as much fun with the hat as I have."

Despite the negative backlash Philip Treacy stands by his extraordinary design he told HollywoodLife.com, "I thought they looked gorgeous and beautiful. But no one is crying if anyone didn't."

The designer's previous creations have sold for thousands of pounds and have been worn by a slew of celeb style leaders like Sarah Jessica Parker and Lady Gaga.

Beatrice also shrugged off critics in a recent interview while saying, "I am glad it provoked so much conversation."

Proceeds from the eBay auction will be split between the two charities, who have expressed their gratitude at Beatrice's decision to raise funds for them.

The auction is running until 22nd May.

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