Being moulded into a lifelike wax creation at Madame Tussauds signifies you’ve ‘made it’, but what about becoming Mattel play mate?

The late Princess and eternally beautiful style icon is set to be featured in three different versions of the renowned doll, reflecting her most memorable appearances. The ‘Romance’ doll will replicate the Princess’s first meeting with her future husband, Prince Rainier III at Cannes Film Festival in 1955, in a floral full-skirted black dress; the ‘To Catch A Thief’ doll will feature a floor length, chiffon, blue gown similar to the one she wore in Alfred Hitchcock’s 1955 film To Catch A Thief; the ‘Bride’ doll is set to be a stunning reminder of Kelly’s timeless bridal gown.

Part of the Barbie Collector series, a proportion of the sales will go to the Princess Grace Foundation, which helps raise money for emerging dancers, actors and actresses; and with prices starting at $35 (£21.3), stretching to $175 (£106.8), it’s a small cost to capture a piece of style history wrapped in sweet childhood play memories .

The recent immortalising of the late Charlie’s Angel, Farah Fawcett, into a tribute Barbie doll – with part of the proceeds going to the Farrah Fawcett Foundation – may have got the ball rolling, and could lead to many iconic figures of decades past receiving the vinyl treatment. I’m thoroughly surprised an Amy Winehouse, Kate Middleton or even Kate Moss Mattel offering hasn’t sprung up yet.