Elizabeth Taylor’s jewelry fetches $115 million at auction, including $8.8 million for ring

Written By bandarbandaran on Wednesday, December 14, 2011 | 10:23 AM



NEW YORK — Elizabeth Taylor’s adornment accumulating fetched a record-setting $115 amateur — including added than $11.8 amateur for a fair chaplet and added than $8.8 amateur for a design ring accustomed to her by Richard Burton — at an bargain of gems and added memorabilia accumulated by the backward actress.

The 33.19-carat design ring accustomed to Taylor by the amateur she affiliated twice, awash for $8,818,500.

The pearl, design and bittersweet necklace, accepted as “La Peregrina,” purchased at bargain for $37,000 in 1969 by Burton for Taylor accomplished the apple almanac amount of $11,842,500. It was estimated to advertise for $2 amateur to $3 million. The amount surpassed the antecedent bargain almanac for a pearl, set in 2007 at Christie’s bargain abode in New York City with the auction of The Baroda Pearls for $7,096,000.

The ring, estimated to advertise for $2.5 amateur to $3.5 million, was included in a accumulating of Taylor’s necklaces, earrings, pendants and rings and added gems that went on auction Tuesday night at Christie’s in New York. The ring was purchased by a clandestine client from Asia, according to a Christie’s spokesman.

Among the added high-profile items was a design armlet accustomed to the “National Velvet” and “Cleopatra” extra by accompanist Michael Jackson, with an estimated auction amount of $30,000 to $50,000. It awash for $194,500. All prices cover the buyer’s premium.

Taylor, a awning goddess who aswell starred in abstract such as “Giant,” ‘’Who’s Afraid of Virginia Woolf?” and “Cat on a Hot Tin Roof,” died in Los Angeles in March at age 79. A adornment lover, she had pieces from some of the a lot of acclaimed names in the adornment world, including Cartier, Van Cleef & Arpels and Chopard, in her collection.

Other sales of Taylor’s art, accouterment and memorabilia will be captivated after in the week. An online-only auction of some items runs until Saturday. Part of the gain will go to The Elizabeth Taylor AIDS Foundation, which she accustomed in 1991 to advice humans active with AIDS.

Taylor’s accumulating of actor and avant-garde art is appointed to go on auction at Christie’s in London in February.

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