Christie’s (art business and a fine arts auction house) has identified over 950 items of fine and costume jewelry, designer fashion and accessories, and decorative arts and objects belonging to Elizabeth Taylor that will be offered in a special, two-week-long online-only sale that will run concurrent with the live auctions.The online sale complements four days of back-to-back live auctions of The Collection of Elizabeth Taylor that begin on December 13,2011
Elizabeth Taylor's Jewelry Collection Auction Fetch $116 million at Christie's New York
Auction of actress Elizabeth Taylor's world-renowned jewels took in $116 million, more than double the record for a single collection and setting new marks for pearls, colorless diamonds and Indian jewels as the jewel collections were sold for many times their estimates.
Christie's sale of 80 items from Taylor's collection on Tuesday Dec 13,2011 had been estimated to raise about $20 million.
Just halfway into the marathon four-hour sale, the Taylor collection broke the record for a single-owner jewelry collection set in 1987 when the Duchess of Windsor's jewels sold for just over $50 million.
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