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Elizabeth Taylor $30 million Jewellery to be auctioned

Thursday, September 8th, 2011 at 11:02 am , filed under News by

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Although Elizabeth Taylor has married seven times, she is also a lover of jewellery. The late actress, Elizabeth’s entire collection of jewellery of 300 pieces which is valued about $30 million will be auctioned at Christie’s in New York City in coming December 13th and 14th. The jewellery contains some of the luxury jewels given to Taylor by the great loves of her life, Mike Todd and Richard Burton from the renowned jewellers like Bulgari and Cartier.

The first jewel Burton bought for Taylor is the 33.19 carat Asscher-cut Krupp Diamond which is later known as Elizabeth Taylor Diamond. The diamond is set in the platinum ring which is brought by Burton for $305,000 during 1968 and now it is expected to fetch up to $3.5 million. In addition to this, other standout items includes 16th century La Peregrina which is one of the largest and most symmetrically perfect pear-shaped pearls in the world which is gifted to Taylor as a Valentine’s gift by Burton.

For 40th birthday of Taylor, Burton has purchased the 17th century Taj Mahal diamond pendant in 1972. The heart shaped diamond is associated with one of the history’s greatest love stories. The diamond pendant belonged to Emperor Shah Jahangir who had the diamond inscribed with his wife’s name ‘Nur Jahan’. Later, he passed the stone to his son Shah Jahan who built Taj Mahal in memory of his wife Mumtaz, died in childbirth.

The late actress has written before she died that she never though of her jewellery as trophies and she is here to take care of them and to love them. She added that when she dies, all the jewellery will go for the auction and she hopes that whoever buys them gives them a really good home. The Elizabeth Taylor Aids Foundation reportedly receives a portion of the profits from the sale.

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