Elizabeth Taylor jewelry record most expensive pearl necklace price

Elizabeth Taylor jewelry
Elizabeth Taylor jewelry

Recently, auction jewelry owned by famous actress Elizabeth Taylor sales exceeded $ 116 million USD. This acquisition more than double the auction record for a single jewelry collection.

As quoted by Reuters, in just two hours, Christie's Auction Hall sell Elizabeth Taylor's jewelry collection with the highest sales figures of all time, beating the gem collection of the Duchess of Windsor which is only sold U.S. $ 50 million, in 1987.

Various types of Taylor jewelry, ranging from 33-carat diamond ring Richard Burton gifts, to the opulent necklace sold at a price multiple of forecast.

Pearl necklaces decorated with diamonds and rubies, known as 'La Peregrina' hit record high sales worth over U.S. $ 11 million. This figure is four times the original estimate that only about U.S. $ 2-3 million.

elizabeth taylor necklace
elizabeth taylor necklace

The Elizabeth Taylor necklace had several times changed hands. Originally owned by the Queen of England, Mary Tudor, later fell into the hands of Queen of Spain, Margarita and Isabel. Until finally, Burton bought through an auction in 1969, costing U.S. $ 37 thousand, rate at that time.

Sales of the necklace at the same time broke the record previously most expensive pearl necklace price, namely the Baroda Pearls which sold for U.S. $ 7 million in 2007.

Rahul Kadakia, head of jewelry for Christie's auction house in America, said the bidders are so familiar with the luxurious tastes of Elizabeth Taylor. "This is really one of the largest jewelry collections in the world," he told to Reuters. "But, we really did not expect to sell this expensive."

Elizabeth Taylor who starred in a number of classic films such as Giant, Who's Afraid of Virginia Woolf, and Cat on a Hot Tin Roof died in Los Angeles at age 79.