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Liz Taylor’s 33-Carat Diamond at Christie’s

Investing News Network
Sep. 23, 2011 01:55PM PST
Gem Investing

Bloomberg reported a 33-carat diamond and a Van Gogh painting will be auctioned to raise more than $50 million for Liz Taylor’s estate.

Bloomberg reported a 33-carat diamond and a Van Gogh painting will be auctioned to raise more than $50 million for Liz Taylor’s estate.

The market news is quoted as saying,

The 33.19-carat emerald-cut diamond was a gift from Richard Burton, whom she married twice. Burton bought the piece at Sotheby’s (BID), New York, in May 1968 for $305,000, then an auction record for such a ring. The stone, worn by Taylor on an almost- daily basis, will reappear at Christie’s Rockefeller Plaza rooms priced at $2.5 million to $3 million on Dec. 13. The two-day sale of Taylor’s jewels is valued at $30 million.

For the complete market news, click here.

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