On Tuesday night, Elizabeth Taylor's jewelry auction at Christie's in Manhattan was a huge success! Taylor's jewelry sold for nearly $116 million, which is a world record for a private jewelry collection. The highest paid single item for that night was $11.8 million for a 16th century pearl necklace designed by Cartier. This necklace was given to Taylor by her husband Richard Burton in 1969. The final price for this piece, which was set to auction between $2 million to $3 million, marks the record for the most expensive single pearl jewel.
Sales of her art, clothing and other items will be held later this week. Part of the proceeds from these auctions will go to the Elizabeth Taylor AIDS Foundation, which she established in 1991.
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