Christie’s Auction House Sells Elizabeth Taylor Ring for Nearly $9 Million

A recent auction featuring gems, magnificent clothes, accessories and other collectables belonging to the late Elizabeth Taylor was held at Christie’s auction house in New York City.

A 33.19-carat diamond ring from actor Richard Burton was sold for $8,818,500, though predicted to sell for between $2.5-3.5 million. Other jewels sold at the event include a collection of the actress’s necklaces, earrings, pendants, rings and other gems. A spokesperson from Christie’s said the ring was bought by a private buyer from Asia.

A pearl, famously known as “La Peregrina” reached a world-record price of $11,842,500, though estimated to sell for around $2 million. The pearl was originally purchased for Taylor by Burton for $37,000 at an auction in 1969.

Another popular item was a diamond bracelet given to the actress by Michael Jackson, which was sold for $194,500.

Elizabeth Taylor starred in classics like ‘National Velvet’, ‘Cleopatra’, ‘Who’s Afraid of Virginia Woolf’ and ‘Cat on a Hot Tin Roof’. She was married to actor Richard Burton twice, and died in Los Angeles at the age of 79. She loved jewelry, and collected Cartier, Van Cleef & Arpels and Chopard pieces.