Elizabeth Taylor’s Collection Breaks Records at Christie’s
The sale of Taylor’s “Legendary Jewels” grossed just under $116 million, more than doubling the previous record for a private jewel collection sold at auction.
Elizabeth Taylor’s stardust lent a profitable glow of Christie’s auction of the movie star’s extensive collection of jewelry and clothing. A folding wood-and-leather director’s chair for the 1987 western “Poker Alice”. Gowns from the collection of Elizabeth Taylor are displayed as part of the auction. The sale of haute couture dresses, including the gown worn to one of Taylor’s seven weddings.
A large framed, signed photograph of Michael Jackson
The famous pear-shaped “La Peregrina” pearl, with its ruby, diamond and pearl necklace by Cartier, sold for $11.8 million, a world record for a pearl jewel. Richard Burton purchased the pearl for Taylor in 1969 for $37,000. An emerald and diamond necklace by Bulgari went for $6.1 million. The “Elizabeth Taylor Diamond” ring, also a Burton-given bauble, fetched $8.8 million for its 33 carats, more than twice the high estimate of $3.5 million. It set a new price-per-carat record for a diamond.Nor were the Burton-gifted jewels the only items to rack up staggering sums. The diamond-encrusted tiara given to Taylor by her husband Mike Todd sold for $4.2 million, more than 50 times its high estimate.