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Taylor auction is a gem
NEW YORK Auctions of Elizabeth Taylor's collection of jewels, gowns, art and memorabilia broke records last week on their way to totaling more than $150 million worth of live and online sales, Christie's said on Monday.
Four days of live auctions in New York and a 10 day online auction from the Hollywood film legend's collection took in a total of $156,756,576, or more than three times expectations.
Taylor's world renowned collection of diamonds, rubies, sapphires, pearls, emeralds and more accounted for the vast majority of the haul, selling for a combined $137 million and becoming by far the most valuable jewelry sale ever.
Records were set for pearls, emeralds, and Indian jewels, while per carat records were broken for a rubies, yellow, and colorless diamonds.
"My mother always acknowledged that she was merely the temporary custodian of the incredible things she owned," said Taylor's son Chris Wilding, who is a member of the Elizabeth Taylor Trust.
"My family is proud that our mother's legacy as a celebrated actress, tireless AIDS activist, and accomplished businesswoman touched so many people's lives that they wanted to have a part of it history," he said.
Taylor's couture gowns and apparel sale also set a record for the most valuable private collection ever sold at auction, taking in more than $5 million including commission.
Since September, some 58,000 visitors viewed highlights of the collection on a world tour that stopped in Moscow, London, Dubai, Paris and Hong Kong, with nearly half that total paying $30 to see the offerings at New York's 10 day exhibition.
The online component alone took in nearly $10 million, with more than 57,000 bids.
Even catalogs some signed, limited edition offerings priced at more than $2,000 were a hot item. Proceeds of a portion of the exhibition, catalog and other related events went to the Elizabeth Taylor AIDS Foundation.
The top price paid during the series of auctions was $11,842,500 for the historic La Peregrina, a 203 grain (equivalent to 55 carat) pear shaped 16th century love cartier bracelet copy pearl once owned by England's Mary Tudor and later by Spanish queens Margarita and Isabel.
Taylor's husband Richard Burton bought the pearl in 1969 at auction for $37,000, and Taylor commissioned Cartier to design a ruby and diamond necklace mount. The piece was estimated to sell at $2 million to $3 million.
Taylor's famous 33 carat diamond ring, another Burton gift now renamed The Elizabeth Taylor Diamond, went for $8.8 million, setting a per carat record for a colorless diamond.
Even the star's charm bracelets drew intense competition, with one estimated at $30,000 soaring to more than $325,000.
Similarly, the top lot of the online auction Hiro Yamagata's "Portrait of Elizabeth Taylor" from 1991 sold for $108,000, imitation love bracelets cartier against a pre sale estimate of about $250. Other top love ring cartier knock off prices paid online for cartier pendant copy ranged from $45,000 $78,000.
Among memorabilia, Taylor's script from "National Velvet" fetched $170,500, against a $2,500 estimate.
More artwork from Taylor's collection will also be offered in February at Christie's in London during its auctions of old master paintings and Impressionist and modern art.popular knockoff cartier pink gold ring stainless steel You deserve Let's go know in regards to its detailed
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NEW YORK Auctions of Elizabeth Taylor's collection of jewels, gowns, art and memorabilia broke records last week on their way to totaling more than $150 million worth of live and online sales, Christie's said on Monday.
Four days of live auctions in New York and a 10 day online auction from the Hollywood film legend's collection took in a total of $156,756,576, or more than three times expectations.
Taylor's world renowned collection of diamonds, rubies, sapphires, pearls, emeralds and more accounted for the vast majority of the haul, selling for a combined $137 million and becoming by far the most valuable jewelry sale ever.
Records were set for pearls, emeralds, and Indian jewels, while per carat records were broken for a rubies, yellow, and colorless diamonds.
"My mother always acknowledged that she was merely the temporary custodian of the incredible things she owned," said Taylor's son Chris Wilding, who is a member of the Elizabeth Taylor Trust.
"My family is proud that our mother's legacy as a celebrated actress, tireless AIDS activist, and accomplished businesswoman touched so many people's lives that they wanted to have a part of it history," he said.
Taylor's couture gowns and apparel sale also set a record for the most valuable private collection ever sold at auction, taking in more than $5 million including commission.
Since September, some 58,000 visitors viewed highlights of the collection on a world tour that stopped in Moscow, London, Dubai, Paris and Hong Kong, with nearly half that total paying $30 to see the offerings at New York's 10 day exhibition.
The online component alone took in nearly $10 million, with more than 57,000 bids.
Even catalogs some signed, limited edition offerings priced at more than $2,000 were a hot item. Proceeds of a portion of the exhibition, catalog and other related events went to the Elizabeth Taylor AIDS Foundation.
The top price paid during the series of auctions was $11,842,500 for the historic La Peregrina, a 203 grain (equivalent to 55 carat) pear shaped 16th century love cartier bracelet copy pearl once owned by England's Mary Tudor and later by Spanish queens Margarita and Isabel.
Taylor's husband Richard Burton bought the pearl in 1969 at auction for $37,000, and Taylor commissioned Cartier to design a ruby and diamond necklace mount. The piece was estimated to sell at $2 million to $3 million.
Taylor's famous 33 carat diamond ring, another Burton gift now renamed The Elizabeth Taylor Diamond, went for $8.8 million, setting a per carat record for a colorless diamond.
Even the star's charm bracelets drew intense competition, with one estimated at $30,000 soaring to more than $325,000.
Similarly, the top lot of the online auction Hiro Yamagata's "Portrait of Elizabeth Taylor" from 1991 sold for $108,000, imitation love bracelets cartier against a pre sale estimate of about $250. Other top love ring cartier knock off prices paid online for cartier pendant copy ranged from $45,000 $78,000.
Among memorabilia, Taylor's script from "National Velvet" fetched $170,500, against a $2,500 estimate.
More artwork from Taylor's collection will also be offered in February at Christie's in London during its auctions of old master paintings and Impressionist and modern art.
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