Wally Winthrop is a young American housewife living in New York City in 1998. Although she is neglected, abused, and left sexually frustrated by William, her workaholic psychiatrist husband, she is comforted by the love story of Edward VIII and Wallis Simpson. Wally travels to the Sotheby's auction of the Windsor estate, which showcases items used by Wallis and Edward in their lifetime and evokes their relationship.