Friday, April 1, 2011

Elizabeth Taylor’s Jewels to be auctioned by Christie’s

According to an American Magazine, Elizabeth Taylor’s magnificent diamond jewelry collection and many other of her antique jewels will soon be auctioned by Christie’s. This news is yet not confirmed by Chritie’s, it is speculated that the collection would be worth at least $150 million.

Elizabeth Taylor

Taylor who died at the age of 79 due to congestive heart failure on March 23, possessed some of the finest jewels in the world.

Peter Sedghi, President of Luxury Jewels of Bevery Hills said, “To be honest, she knew more than I did [about jewelry]. When you would show her stones, she would tell you the origin, if it’s good quality, bad quality, where it came from. She had a collection like I’ve never seen before.”

Sedghi also said that many of her jewels had emotional value to them. One such was 33.19 carat Krupp Diamond that her fifth husband Richard Burton gifted her.

Elizabeth Taylor Krupp Diamond

In 2002, Elizabeth Taylor hosted an exhibition of her much prized jewelry for the public. The exhibition included famed Krupp diamond (in picture above), La Preregina Pearl by Cartier and the huge heart shaped Taj Mahal diamond. The proceeds of the exhibition went to The Elizabeth Taylor AIDS Foundation.

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Fashion And Jewelry