line

October 24, 2011

How Much Will Elizabeth Taylor's Celebrity Add To Her $50 Million Jewelry Collection?

The Elizabeth Taylor Diamond, Estimate: $2,500,000 – $3,500,000
The Elizabeth Taylor Diamond, Estimate: $2,500,000 – $3,500,000
 Purchased by Richard Burton in 1968 at Sotheby's Parke-Berne
t 
"Elizabeth Taylor was the last great movie star, the queen of Hollywood," explained Jonathan Rendell, Deputy Chairman of Christie's Americas., not a so-called star seen on Dancing With The Stars and Celebrity Apprentice.


Married eight times, twice to Richard Burton, Elizabeth Taylor had a legendary six decade career film career, appearing in over 50 films and the recipient of two Oscars. Ms. Taylor was also a pioneer activist in the fight against AIDS, a charity that she continues to support via a substantial pledge from proceeds from her Estate.

Elizabeth Taylor also collected Art, Furniture and Jewels, and after Christie's December 13, 2011 jewelry Auction of over 250 lots, she may become famous for her knowledge rivaled the best jewelers in the world who loved to create jewelry for her. Elizabeth Taylor loved jewelery and amassed an extraordinary collection that Christie's estimates to will fetch over $50 million. 

The question is what is the celebrity premium Elizabeth Taylor's provenance will add to her vast Jewelry Collection. 

She loved and collected jewels the way children collect toys. "It would be very glamorous to be reincarnated as a big ring on Elizabeth Taylor's finger," Andy Warhol once mused about the woman who owned the 33-carat Krupp diamond ring — a gift from Burton that she wore daily that is now called the Elizabeth Taylor a diamond ring of 33.19 carats; that was a 1968 Gift from Richard Burton, that Burton purchased for Ms. Taylor at Parke-Bernet Galleries, New York, in May 1968 for $300,000.  The Ring is now estimated at  $2,500,000 – $3,500,000. 
        Van Cleef & Arpels Ruby & Diamond Ring, of 8.24 carats
              1968 Christmas Gift of Richard Burton to Ms. Taylor
           Estimate: $1,000,000–$1,500,000
Before the December 13, 2011 auction, the Elizabeth Taylor Jewelry Collection will complete a three-month tour around the world, and be on public view in Los Angeles, London, Paris, Geneva, Moscow, Dubai and Hong Kong.

              
The Mike Todd Diamond Necklace
A Belle Epoque Diamond Necklace, circa 1900
1957 Gift from Mike Todd, Estimate: $25,000-$35,000


A Diamond, Emerald and Gold “Snake” Bracelet Watch by BVLGARI, circa 1961
Estimate: $12,000-$15,000
A Sapphire and Diamond Sautoir by BVLGARI, 1969.
Gift from Richard Burton for Elizabeth Taylor’s 40th birthday, 1972
Estimate: $600,000 – $800,000

Christie's is creating an event surrounding Elizabeth Taylor's auction and will charge $30.00 admission to get a peek at her collection of jewels, art and fashions. In addition Christie's will be selling special commemorative Elizabeth Taylor Collection catalogues that include:

“The Prince of Wales Brooch”, circa 1935
 Formerly from the Duchess of Windsor Collection
Purchased by Elizabeth Taylor from Sotheby’s, Geneva, April 1987; Estimate: $400,000 – $600,000

Andy Warhol recognized Elizabeth Taylor's iconic status six decades ago when he created his 1962 painting titled Men in her Life, in which he silkscreened Elizabeth Taylor 38 times with Michael Todd, her third husband, along with Eddie Fisher and Debbie Reynolds. 

For the painting, Andy Warhol made his silkscreen from a photograph that was taken in 1957, when both women were pregnant.  Less than a year later, Mike Todd was killed in an airplane crash. Taylor also was supposed to fly, but at the last moment refused because of poor health. Some time after the death of Mike Todd, Elizabeth Taylor started a romance with Eddie Fisher, who became her next husband.

Andy Warhol Men In Her Life sold for $63.4 million
Andy Warhol Men In Her Life 
Sold for $63.4 Million at Phillips 
Andy Warhol's Men in Her Life tribute to Liz Taylor was sold for $63.4 million in October, 2010 at Phillips de Pury, the second highest Andy Warhol price fetched at public auction for a Work by the Artist; Andy Warhol's Green Car Crash sold in 2007 for $71.7 million. 
Post a Comment

Google+ Badge

Related Posts Plugin for WordPress, Blogger...

Labels

Alamo Alexander Calder Alexander Zacke Amazon Andrew Lloyd Webber Andy Warhol Andy Warhol Art Authentication Board Ansel Adams Art Advisors Art Basel Art Blog art blogspot Art Brokers Art Collectors Art Dealers Art Fraud Art Law Art News artnet.com Astor Place Cube Attribution Auctionata auctions Authenticity Banksy Bernard Madoff Bloomberg Blue-Chip Art Brice Mardin Broad Foundation Brooke Shields Buyer Protection Calder Calder Estate Certificate of Authenticity Christie's Cindy Sherman COA Condition Contemporary Art Counterfeit Art Cruise Ship Art Damien Hirst David Grann David Hockney Dedalus Foundation Dorotheum eBay eBay JKLFA Edgar Degas Edward Albee Edwin Land Eli Broad Elizabeth Taylor Facebook Fine Art Fine Art Auctions Fine Art Blogs Forbes Francesco Clemente Fran├žois Pinault Gemini George W. Bush Google Hans Neurendorf Hedge Funds Internet Scam iPhone IPod Jackies Jackson Pollock Jacques-Louis David Jasper Johns Jasper Johns Prints Jeff Koons JKLFA JKLFA.com Joe Simon Joe-Simon Whelan John Chamberlain Joseph K. Levene Judge Laura Swain Julian Schnabel Kate Ganz Keith Haring Kiki Smith Leonardo Da Vinci Lilly Safra Lindsay Pollock Lippincott Louis Vuitton LOVE Sculpture M.A.C. Cosmetics Marc Chagall Marc Potter Marcel Duchamp Marian Goodman Mark Rothko Mark Tansey Maurizio Cattelan Metropolitan Museum Michael Crichton Michael Jackson Microsoft MOMA Museum Museum Exhibitions Museums National Medal of Arts Award Old Master One Police Plaza Online Art Online Auctions Pablo Picasso Paddle8 Park West Paul Allen Peter Brant Phillip Johnson Phillips de Pury Photography Polaroid Portait Paintings President Bush President Obama Presidential Library Prints Public Art Rainer Crone Redline Richard Pettibone Richard Prince Richard Weissman Robert Indiana Robert Mapplethorpe Robert Motherwell Robert Rauschenberg Roman Abramovich Rondo Roy Lichtenstein Royal Caribbean Salvador Dali Sam Hunter Screenprints Seasons Self-Portrait Sherlock Holmes Signed Prints Skates Smithsonian Institution Social Media SOS Sotheby's Steven A. Cohen Sunday B Morning Swann Galleries Takashi Murakami Tate Modern Tech The Fine Art Blog The National Gallery The New Yorker The Pace Gallery The Seasons The White House Tony Rosenthal Twitter UBS UCC Code 2-275 ULAE VAGA Weng Fine Art Will Barnet William D. Cohen
Joseph K. Levene Fine Art, Ltd.