Friday, December 16, 2011

Elizabeth Taylor's Jewelry Auctioned for $115 Million (omg!)

Elizabeth Taylor's Jewelry Auctioned for $115 Million

Talk about some serious bling!

Elizabeth Taylor's legendary diamonds fetched record prices at Christie's Auction House on Tuesday in NYC. According to Forbes, the late actress' jewelry brought in nearly $116 million at auction, a world record for a private collection of jewels.

PHOTOS: Stars we lost in 2011

According to Forbes, a pearl necklace belonging to Taylor, who passed away in March at age 79, sold for $11.8 million. Only two items sold within auction estimates, while others went for as much as triple and quadruple their expected value.

PHOTOS: Look back at Elizabeth's life

A 33-carat diamond ring given to the star by ex-husband Richard Burton (they married and divorced twice) sold for $8.8 million, while a diamond tiara fetched $3.7 million.

PHOTOS: Elizabeth and more celebs in the 15-carat club

Other sales of Taylor's art, clothing and memorabilia will be held in New York later this week; part of the proceeds from all sales will go towards The Elizabeth Taylor AIDS Foundation.

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Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_elizabeth_taylors_jewelry_auctioned115_million_151158488/43903876/*http%3A//omg.yahoo.com/news/elizabeth-taylors-jewelry-auctioned-115-million-151158488.html

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