Elizabeth Taylor’s collection sets a world record for most valuable private collection of jewels sold at auction


Elizabeth Taylor has been a famed Hollywood siren who died at the age of 79 and had as much as seven husbands during her glamorous life. She is also known for her penchant for jewelry. A huge pearl which was once worn by European royalty and later came in the hands of Elizabeth Taylor was sold for a record price of $11.84 million at a blockbuster auction in New York. Hailed as “La Peregrina,” the pearl was bought for Taylor by her actor husband Richard Burton in 1969. The pearl now adorns a Cartier necklace and was sent to Christie’s where it was estimated to fetch $2-3 million. But the price touched new heights during the process of fierce bidding thus setting a new record or any pearl jewelry at auction. The Elizabeth Taylor Diamond, a 33.29 carat a cut-cornered rectangular-cut diamond set in platinum ring and given to her by Richard Burton in 1968 also stole the show. It was expected to fetch $2.5 million-$3.5 million but it finally went under the hammer for $8,818,500.

READ:  This NY restaurant serves the worlds most expensive milkshake that is made of vanilla from two islands, fresh cream from England and pure gold


Telegraph reports that, “The evening’s auction was expected to fetch $30 million. The hammer went down on a night that had accumulated $115,932,000 or £74,196,480.