Friday, December 16, 2011

Taylor auction final update

The Elizabeth Taylor jewelry auction set several significant records for this type of sales event.  Noteworthy milestones were the 24 items that sold for over $1 million, with six pieces going for more than $5 million each.

A major highlights of the sale included a 15 minute rapid bidding battle for the Burton wedding bands. These bands were given to Ms. Taylor by Richard Burton on their two marriages, first in 1964 and again in 1975.  Pre-auction estimates were that the bands would bring fetch $6,000–8,000. The final price was $1,022,500. Not too shabby!!!!