Elizabeth Taylor, the star of iconic movies like Cleopatra and Who’s Afraid of Virginia Wolf, died in Los Angeles recently at the Cedars Sinai Hospital, diagnosed as congestive heart failure. She was 79. Often called the most beautiful woman in the world she must have appeared on a thousand magazine cover. Married eight times to seven men, including playboy Nicky Hilton, actor Michael Wilding, Michael Todd and most famously Richard Burton, with whom she became the most famous couple in the world. Elizabeth Taylor had three children during her marriages. In 1999, Queen Elizabeth anointed her a Dame Commander of the British Empire. Taylor will be remembered as a real broad, a sex symbol, a film legend, a style icon and an AIDS crusader. She was the last real movie star. Elizabeth Taylor loved jewelry and never left home without at least one piece of jewelry on. In fact it was one of the reasons why she was considered the face of Hollywood luxury and style. She spent a lifetime collecting baubles which has grown onto a huge collection worth millions of dollars with several unique pieces and made even more valuable because of the association with her.
People Magazine recently reported that the amazing assortment of jewelry of the famous actress is expected to be auctioned by Christie’s sometime in near future. Details are not available as yet but some of the pieces in her collection are well known that she wore on important occasions and her photographs in those stunning jewelry were widely published. Once the process of auction is put in motion the details about the number of pieces in the collection will become known. But a reliable estimate puts the value of the entire Elizabeth collection in the range of $150 million. She must have really loved jewelry to have built such a valuable collection. She knew that diamonds were a girl’s best friend. She had even named her fragrance ‘White Diamonds’ which was not just famous but popular with the consumers. Famous jeweler Lorraine Schwartz was privileged witness her love for jewelry from close quarters. She has said that Elizabeth Taylor had several sets of collections and kept them in different rooms but knew exactly where each and every piece was kept. Peter Sedghi, CEO of Luxury Jewels of Beverly Hills had the opportunity to work closely with the actress on her own jewelry line. He was amazed by her knowledge about jewelry. Seeing a stone she could tell you the origin and its quality and value. He confirms that Taylor who never photographed without her signature diamonds, had one of the best stocked jewelry collections in the world.
Christie’s is well equipped and well-known for their celeb auctions of jewelry and estate sales. Christies had handled the auction of a portion of the jewelry by actress Ellen Barkin which fetched $20 million. They were the jewelry she had received from her billionaire ex husband. The collection included the famous flower ring that inspired a scene in the movie Sex and the City. Gisele Bundchen had also auctioned her diamonds given to her by her ex Leonardo DiCaprio. The auction of Elizabeth Taylor’s jewelry will make her collection even more famous.