Elizabeth Taylor jewelries for auction this coming December

By on Sep 8, 2011 in Fashion, United States, World Comments

Elizabeth Taylor’s 33.19-carat diamond ring
Image Credit: AP Photo/Richard Drew

The iconic jewelries of Elizabeth Taylor will go on sale this coming December at Christie’s auction house in New York, according to international reports on Wednesday, September 7, 2011.

Elizabeth Taylor’s jewelries will have a 10-day day exhibition at Christie’s Rockefeller Center headquarters starting December 3 and will be followed by a four-day auction from Dec. 13 to 16.

The value of her complete set of jewelries to be sold in the auction was said to reach $30 million which include a 33.19-carat diamond ring and a 16th century pear-shaped pearl, given by one of her seven husbands, Richard Burton.

“These are the top jewels that Elizabeth Taylor received from the great loves of her life, Mike Todd and Richard Burton,” Christie’s jewelry expert Rahul Kadakia was quoted as saying.

“They’re from moments in life that were very dear to her, jewels that were purchased in Bulgari, in Rome, at Cartier in New York and at auction,” he added.

Apparently, this piece of jewelry was noted to be one of the most extravagant gifts given by Richard Burton to Elizabeth Taylor.

As noted in the reports, Burton bought the diamond ring at a New York auction in 1968 for $305,000 and is being expected to get $2.5 million to $3.5 million on December sale.

Kadakia characterized the said diamond “as white as they can be and potentially flawless” which made it as a wonderful precious stone.

Elizabeth Taylor used to refer to it as her baby and wore it as much and as often as she could,” Kadakia revealed.

Meanwhile, eighty pieces of her jewelries will be sold on the night of December 13 and more than 189 precious stones the ext day. Taylor’s costume jewelries of about 500 pieces will be auctioned online at the same time.

Reports said that auction proceeds will be given to Taylor‘s estate, while a portion of the proceeds from the exhibit and sales-related publications will be donated to The Elizabeth Taylor AIDS Foundation.

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