Necklace with pearl decoration was used by European royalty.
Collection of gems late actress Dame Elizabeth Taylor auctioned at Christies auction house in New York.
Elizabeth Taylor collection auction was held for four days and is expected to collect more than U.S. $ 30 million.
Before the auction began, Marc Porter, Christie's president for the Americas said, "Over a period of more than 50 years, this is a verypersonal collection, every stitch reflects the fashion tastes of ElizabethTaylor and the development of a distinctive style".
The first collection was auctioned, bracelets of gold and jewels, was valued at U.S. $ 35,000 and sold U.S. $ 270,000.
Other jewelry being auctioned is a necklace with pearl ornaments from the 16th century which was used by European royalty and necklace sold for U.S. $ 11 million, the highest price of all time.
La Peregrina pearl as it has colored the various works of art for centuriesand had poured in a painting by Spanish painter Velasquez, the 17th century.
Necklace originally estimated sale value of U.S. $ 3 million but in the auction process continues to increase resale value. The BBC's Laura Trevelyanwho cover auctions in New York reported a resounding applause afterbargaining the price exceeds U.S. $ 10 million.
Liz Taylor has some of the world's most expensive jewelry.
A buyer paid $ 600,000 for a ring made of diamonds and sapphires. The ring was a gift from Liz Taylor's close friend, the late American pop starMichael Jackson.
Liz Taylor's collection of items that are still to be auctioned is a 33.19 carat diamond ring given by Taylor's fifth husband, Richard Burton in 1968.Diamond ring estimated to be sold up to U $ 3.5 million.
Christies will also be auctioning two Taylor's wedding ring given by famous actor in 1964 and 1975. There are also diamond and ruby ring as a gift from Richard Burton were placed in Christmas t-shirts.
Liz Taylor is known like the diamond and has a collection of the most expensive in the world.
Taylor starred in many films include National Velvet, Cleopatra, and Whos Afraid of Virginia Woolf? He died in Los Angeles in March 2011 at the age of 79 years.
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