Princess Beatrice’s Hat to be Auctioned! Oh. Hells. Yeah.

Left: Taylor Momsen in How The Grinch Stole Christmas. Right: Princess Beatrice at the Royal Wedding in April.

Well isn’t this the best news ever: Princess Beatrice’s Royal Wedding hat will be auctioned off for charity.

The one-of-a-kind hat, which has been compared to everything from antlers to female reproductive organs, will be auctioned off on eBay by the Buckingham Palace to raise money for UNICEF and Children in Crisis.

Now, while we’re completely sure Lady Gaga could have rocked this hat, we don’t think it really worked well for the Princess. But on you? It may just work.

More Pictures from the Royal Wedding

The hat was created by well-known British milliner Philip Treacy, who designed many of the other hats worn at the royal wedding of Kate Middleton and Prince William on April 29.

The unusual design of the beige hat has sparked a Facebook fan page called “Princess Beatrice’s ridiculous Royal Wedding hat,” and one computer-altered picture showed President Barack Obama and his national security team all wearing the hat as they watched the commando raid on Osama bin Laden’s compound in Pakistan.

The sale was announced by Beatrice’s mother, Sarah Ferguson, on the Oprah Winfrey show. A palace spokesman confirmed the sale while speaking on condition of anonymity in line with policy.

Many have said the hat looked outlandish, but Treacy has defended it in comments to the British press, saying Beatrice looked “gorgeous” at the wedding.

Beatrice, 22, also defended it in a recent interview with Grazia Magazine. She said it was “wonderful that it’s had such a reaction.”

She added: “It’s an incredible response to a hat, really. I’m glad it provoked so much conversation.”

The hat isn’t on eBay yet, but a “Princess Beatrice Style Royal Wedding Paper Costume Hat” is currently listed at $9.99.

With AP