Elizabeth Taylor’s Jewelry Sets A World Record For Most Valuable Private Collection of Jewels Sold At Au...

Elizabeth Taylor collected jewelry in the same likeness as she collected husbands. The late glamorous diva was known for her love of jewelry and her collection now sets a world record for most valuable private collection of jewels sold at auction. A once worn European royalty pearl called, La Peregrina, which Elizabeth Taylor’s husband Richard Burton brought her in 1969, just sold for the price of $11.84 million. The huge pearl currently embellishes a Cartier necklace was set to sell at an estimated $2-3 million, yet the new bidding price, set a new record for any pearl jewelry at auction. A 33.29 carat a cut-cornered rectangular-cut diamond set in platinum ring called the Elizabeth Taylor Diamond, was expected to sell for $2.5 million-$3.5 million but went under the hammer for $8,818,500.

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