People Magazine Reports Possible Auction of Liz Taylor’s Jewelry Collection by Christie’s

The death of Elizabeth Taylor has put her back to where she belongs, centre stage. During a long and colorful life her image must have appeared on a thousand covers of magazines. All the magazines have her on their cover again. After all she was much more than a movie star because of the unprecedented love she received from the public. The latest issue of People Magazine has done an extensive cover story on the popular actress.

The magazine reports, quoting reliable sources that the actress’s brilliant baubles, estimated in the past at $150 million collectively, are expected to be auctioned by Christie’s sometime in the future. When contacted, the spokeswoman at Christie’s refused to confirm or deny the development. Whenever this auction takes place it is bound to generate a lot of excitement as Taylor’s collection of jewelry is known for its stunning designs and quality.

Liz Taylor’s love for jewelry and particularly diamonds had made her close friends with several of the prominent Jewelers. The article in the People Magazine quotes Luxury Jewels of Beverly Hills President/CEO Peter Sedghi and celebrity jeweler Lorraine Schwartz extensively. Sedghi confirms that she had a special place in her heart for diamonds and that her collection of jewelry was really unique and unlike anything else he has seen before. Lorraine also said that Taylor not only loved her jewelry but took great care of every single piece in the vast collection. However it was the 33 carat Krupp diamond gifted to her by her fifth husband Richard Burton that she treasured the most.

Via: stylenews.peoplestylewatch

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