Wednesday, December 14, 2011

Elizabeth Taylor Auction

By: Erika Shantz


The iconic Elizabeth Taylor had an auction of all of her jewels on Tuesday night. The sale exceeded all expectations and it wasn’t even complete when it set the world record of $118 million in one night. A massive pearl sold for $11.84 million. It was suspended for a Cartier necklace and was projected to sell for $2-3 million, which is called “La Peregrina,” but it reached the highest price that any pearl has sold at auction. This wasn’t the only shock of the night; this auction actually broke six world records, which include per carat price for colourless diamond, per carat price for a ruby and the price for an Indian jewel.

It wasn’t only the jewelry that caught the eye of thousands. There were also dresses from Dior, Chanel, Versace, Valentino, Givenchy and Yves Saint Laurent. All of these pieces told a story about Elizabeth Taylor and the changes in fashion from her career. Her dress from her first marriage is estimated to go for $40,000 - $60,000 USD.

As well as the live sales there is an Internet only auction. It consists of approximately 1000 items, which includes accessories and jewelry.

No comments:

Post a Comment