The iconic lace dress worn by Audrey Hepburn in the last scene of “Roman Holiday,” which won the “Academy Award for Best Costume Design” is set to be auctioned.

Designed by Edith Head, the ivory gown was custom-made for the former Hollywood actress and Hepburn wore it to collect her Oscar for “Best Actress” for the 1953 romantic comedy.

The dress is said to be worth 40,000 to 60,000 pounds ($64,000 to $96,000), according to London’s Kerry Taylor auction house that will take the dress under the hammer on Nov. 29.

Hepburn called the gown “lucky” for her and handed it to her mother. The dress today lies with the actress’ mother’s friend’s family in the United States.

Kerry Taylor Auctions has taken Hepburn’s possessions under the hammer in the past as well. In December 2009, the Givenchy haute couture white ball gown worn by Hepburn in the opera scene of 1956 film “Love in the Afternoon” fetched 6500 pounds ($10,500).

Another Givenchy haute couture black Chantilly lace cocktail dress, worn by Audrey Hepburn in the 1966 film “How to Steal a Million” sold for 60,000 pounds ($96,000).

The auction house has sold other celebrities’ belongings too. In March this year, auctioneer Kerry Taylor closed bidding for a see-through knitted dress, once modeled by Kate Middleton for a university charity fashion show in 2002, that fetched 65,000 pounds ($105,000).

Dresses worn by actress Audrey Hepburn are displayed at Sotheby's auction house in Paris December 1, 2009 prior to the auction organised by Sotheby's and Kerry Taylor Auctions in London on December 8, 2009. REUTERS/Charles Platiau