Elizabeth Taylor Collection

judimcc6

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329
Hello all,
This may seem like old news now, but I have just returned from NYC, working at Christies for the Elizabeth Taylor Collection viewing and auction. I spent 6 days working and every morning I would arrive an hour early to just walk through the jewelry viewing without another soul around. It was a very special experience. I hope that some of you were able to see the collection in person. This was, truly, the most fabulous display of jewelry in quality and quantity in our lifetime. Does anyone disagree? I'm open for suggestions. Yes, of course, La Peregrina was my favorite. There was certainly some of my hot breath bestowed on that one. She had a wonderful eye and some very romantic husbands...I mean, imagine swimming in a diamond tiara!
 
How wonderful; what an oportunity.

Here in the meantime is a summary of La Peregrina just for the record:
http://worldblog.msnbc.msn.com/_new...-liz-taylor-perfect-pearls-11-million-journey


From Napoleon to Liz Taylor: perfect pearl?s $11 million journey

Stan Honda / AFP - Getty Images

"La Peregrina," the pearl, diamond and ruby necklace owned by Elizabeth Taylor on display during a preview of The Collection of Elizabeth Taylor at Christie's in New York on Dec. 1.

By Olga Luna and Eduardo Sunol, Telemundo News

MIAMI ? If there?s any woman in the world envied for her jewels and exceptional beauty, it?s Elizabeth Taylor. And this week the world was reminded of her wealth, her power and her ability to get the best out of men, including love and gems.

Christie?s sold a 55-carat pearl known as ?La Peregrina,? a tear-shaped gem that Richard Burton gave Taylor in early 1969, for $11.8 million at auction on Tuesday evening.

By the time Burton bought it, ?La Peregrina? had already spent centuries traveling from the hands of a slave to Spain, France and the United States in an intense bidding war between Spain?s Royals, France?s emperor?s family and America?s millionaires.

?It has become the most expensive pearl ever sold at auction,? Rahul Kadakia, head of Christie?s New York Jewelry Department, told Telemundo News.


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From Spanish royalty to Napoleon
La Peregrina was discovered in the early 1500s by an African slave at the Pearl Islands in the Gulf of Panama. Its name means ?rare,? or ?special,? and it was offered to King Phillip II of Spain, becoming part of the crown jewels of the Spanish Crown.

At the time it was valued at 714,000 maraved?, a gold and silver coin currency brought to Spain by the Moorish Almoravids, which would be the equivalent of $8,000 U.S. dollars today.

La Peregrina was inherited by Phillip III of Spain and it passed from generation to generation of Spain?s royals. But in 1808, when Jose Napoleon was named king of Spain by his brother Emperor Napoleon, the jewels of the Spanish Crown fell into his hands, and La Peregrina was one of them.

Jose Napoleon stole them all and gave La Peregrina to his wife, Julie Clary, who proudly showed it until the day the marriage ended. Napoleon then took the jewel with him to the United States, where he lived in New York City and Philadelphia.

Napoleon bequeathed the jewel onto Napoleon III, the ruler of the second French empire, who, after his deposition in 1815 - and later arrest in France - was sent to England were he sold La Peregrina to James Hamilton, later the Duke of Abercorn.

The late actress's legendary jewelry was auctioned off at Christie's in New York. NBC's Brian Williams reports.

The Duke bought the pearl for his wife, Louisa Hamilton, the Duchess of Abercorn, who lost it twice because the heavy jewel fell out of its necklace?s setting, but on both occasions the pearl was recovered.

According to Christie?s records, La Peregrina remained in the hands of the Abercorn until 1914.

Fast-forward to 1969, when it showed up at auction in Sotheby?s. Richard Burton and Taylor, who had married for the first time five years earlier, were both still enjoying the success of their movie ?Who?s Afraid of Virginia Wolf,? which Taylor won her second Academy Award for.

Burton, evidently still in love during that first marriage (the pair later divorced in 1974, remarried 16 months later in 1976 and divorced again), went to Parke-Bernet galleries, one of the largest auctioneers of fine art in the U.S, on Jan. 23, 1969. The auctioneer had already acquired by the rare pearl from Sotheby?s, and Burton wanted it for his bride.

But Burton had a strong opponent to bid against: Alfonso de Borb?n Dampierre, an envoy of the Spanish royal family whose mission was to get the jewel back to Madrid?s Royal Palace.

Despite Dampierre?s credentials, he was outbid by Burton, who offered $17,000 over what the royal family was ready to offer and took it home at the final price of $37,000.

Burton gave it to his wife on Valentine?s Day, and as had happened a century before, one day the pearl went missing from the couples? suite at Caesar?s Palace in Las Vegas.

?I reached down to touch La Peregrina and it wasn?t there,? Elizabeth Taylor wrote in her book ?Elizabeth Taylor: My Love Affair With Jewelry.?

?I glanced over at Richard and thank God he wasn?t looking at me, and I went into the bedroom and threw myself on the bed, buried my head into the pillow and screamed. Very slowly and very carefully, I retraced all my steps in the bedroom. I took my slippers off, took my socks off, and got down on my hands and knees, looking everywhere for the pearl. Nothing.?

And then, she thought not her husband but someone else in the suite may have it.

?I just casually opened the puppy?s mouth and inside his mouth was the most perfect pearl in the world. It was ? thank God - not scratched.?

Perfect and not scratched it was, indeed. And today, after years traveling from one continent to another, from slave, to kings, to emperors and millionaires, it lives in the hand of an unknown bidder who at $11.8 million has bought not only a pearl, but history in the shape of a tear.
 
Yeah, me too. Maybe Judi has the inside story :) All we know from CNN is this:
http://edition.cnn.com/2011/12/16/s...aylor-auction-ppl/index.html?eref=rss_showbiz

Her jewelry auction shattered records with nearly $116 million in sales, but who actually came to Christie's New York and purchased the pricey gems Elizabeth Taylor once owned?

Taylor admirer Kim Kardashian scored three Lorraine Schwartz bangles, shelling out $64,900 for the jade bracelets.

"It's not just a piece of jewelry," she told InStyle.com. "She wore them constantly during the final years of her life and I believe they carry her spirit."

Coincidentally, Schwartz herself scooped up a diamond fringe bracelet Taylor purchased from her nearly 10 years ago.

"I was wearing it for her [70th birthday] party at the Bel-Air Hotel," Schwartz recalled on her Facebook page, "and she kept calling me over to look at it and to try it on." The next morning, the jeweler got a call from the movie star, who said, "I know who's buying that bracelet for my birthday ... I'm buying it!"

Schwartz also won a pair of earrings Taylor's third husband, Michael Todd, created just for her.

"The earrings were once made from paste, but she loved them so much that Michael Todd surprised her and made them real," Schwartz wrote. "During the auction I could feel her saying to me, 'Buy them, they're my favorite.' I feel like I have a part of her with me forever."

Some of Taylor's larger baubles ended up selling to companies. The 33.19-carat Krupp Diamond, a gift from Richard Burton, reportedly went for $8.8 million to Daniel Pang, a representative of Korean hotel conglomerate E-Land, which plans to display the treasure at its E-World theme park in Daegu, according to the AFP. The heart-shaped Taj Mahal diamond went to a private buyer for $8.8 million, as well. And according to the New York Post, Bulgari anonymously bought back a staggering $20 million worth of jewels, including a 52.72-carat sapphire-and-diamond sautoir for $5.9 million and an emerald-and-diamond necklace for $6.1 million.

The auction drew quite the stylish crowd, too; Michael Kors, Nina Garcia and Jennifer Tilly were spotted at Christie's Tuesday evening, and Sofia Coppola, Anna Sui and Jill Zarin perused the Haute Couture sales on Wednesday and Thursday.

Following Wednesday's couture sale, supermodel Coco Rocha walked away with Taylor's yellow-and-pink 1980s Givenchy jumpsuit.

"I was amazed that I actually won," she told Style.com on the way out. "Everyone has been asking what I am going to do with it -- I am going to wear it. Right now, I'm thinking next year's Costume Institute Ball would be perfect."
 
Nix on the photos, Jeremy. We were not allowed to take anything on the floor with us...not cell phones, lipstick!!!...or water. I guess my surreptitious photo taking will have to wait until Tucson and the Pearl Walk. Besides, the photos in the catalog and on the website are much better. The people watching, as Adeline reported was pretty fabulous too. I think it was the "costumes" that many of the viewers wore that were quite jaw dropping. But that's New York, too.

There were definitely pieces of her jewelry that seemed to have a real spiritual connection to me. Yes, I confess, my religion is pearls.

Christies has these private Skyboxes where the elite were stationed. Those that wanted to remain private were able to do so. Daphne Guiness was quite a sight with, literally, 5" platform heels, a HUGE headset, and a hairbrush sticking out of her hair...I don't get it.
 
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