Everett Collection; Courtesy of Christie's
InStyle Staff
Dec 14, 2011 @ 2:22 pm

All the world record prices set for jewelry at the Christie's evening sale of Elizabeth Taylor's collection were gifts from Richard Burton. The historic Peregrina Pearl suspended from a Cartier necklace set a record for the highest price paid for a pearl. It was also the most expensive piece in the auction at $11,842,500. The Van Cleef & Arpels 8.62-carat ruby ring set a record of price per carat for a ruby. The astounding total was $512,925 per carat adding up to $4,226,500. The $6,578,500 price paid for the Bulgari emerald and diamond brooch set a world record for an emerald jewel sold at auction. The total for the evening sale alone of $115,932,000 shattered the previous record for a private collection of jewels sold at auction held since 1987 by Duchess of Windsor’s $50,281,887 sale. And the total is climbing with almost 200 lots of jewelry being sold at Christie’s auction house today and over 600 pieces online in a sale ending on December 17th.

—Marion Fasel

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