Elizabeth Taylor collection to go to auction

noelyf

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Wednesday, 29 June 2011







Iconic actress Elizabeth Taylor's renowned collection of jewellery, art, fashion and memorabilia will be sold in a series of auctions starting in December.


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Elizabeth Taylor - iconic jewellery collection set to draw intense interest






Iconic actress Elizabeth Taylor's renowned collection of jewellery, art, fashion and memorabilia will be sold in a series of auctions starting in December, Christie's auction house announced today.


Ms Taylor was one of the last great stars from Hollywood's heyday.


She was known as much for her beauty, love of diamonds, eight marriages and work as an AIDS activist as her films.


She died on 23 March of congestive heart failure in Los Angeles, aged 79.


Christie's said that it will devote its Rockefeller Centre headquarters gallery space to an unprecedented, monumental ten-day exhibition of her collection.


The exhibition will open on 3 December.


Before the sale a three-month worldwide tour of Ms Taylor's jewellery, fashion, accessories, decorative arts and memorabilia will kick off in September.


It will stop in Moscow, London, Los Angeles, Dubai, Geneva, Paris and Hong Kong.


Chairman and president of Christie's America, Marc Porter, said the exhibition would provide 'a window into the world of a true icon, a rare woman who was at once an international film and fashion star, loving mother, successful businesswoman, and generous humanitarian.'


In keeping with Ms Taylor's humanitarian work, a portion of the proceeds from the exhibition admissions, events and publications related to the sales will be donated to The Elizabeth Taylor AIDS
Foundation, which the actress founded in 1991.

There were no details released on specific items or estimates of what they would fetch by the auction house but previous sales of collection of other famous people have sold for many millions.


In 1993, Jacqueline Kennedy Onassis' estate sold for $35 million at Sotheby's.


Elsewhere, a nine-day sale of property from the Duke and Duchess of Windsor reached almost $25 million.


The series of Taylor sales are individually devoted to jewellery, haute couture, fashion and accessories, decorative arts and memorabilia from Ms Taylor's Bel Air home, and Impressionist and modern art.


Ms Taylor's jewellery is expected to draw intense interest with Christie's describing the sale 'one of the most remarkable jewellery events in auction history.'


There will be a gala evening sale on 13 December which will be followed by two more session on 14 December.


It is reported that Ms Taylor's jewellery was worth more than €100 million at her death.


Her estate was valued at anywhere from $500 million to $1 billion.


All sales, with the exception of art, will take place in December in New York.


Her art collection will go to auction in London.


Christie's said that it will also hold online-only sales through Christie's LIVE to run concurrent with the exhibition and sale dates.

source : rte.ie
 
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