The 120m woman: Elizabeth Taylor's artwork, jewellery and fashion fetches a staggering total at auction (with some lots selling for 70 times their estimated price)
Elizabeth Taylor was an avid art collector, inspired by her art dealer father
Elizabeth Taylor's extensive collection of artwork, jewellery and fashion has sold for almost 120 million at auction.
Every single item – out of more than 1,800 lots – was sold, some at 50 times their pre-sale estimates.
The auctions took place over two days in New York and London, ending with a sale of 35 pieces of art at Christie's in London yesterday.
The highest price achieved from the entire collection was a Van Gogh painting, Vue de l'asile et de la Chapelle de Saint-Remy, which fetched 10,121,250 on Tuesday.
It had hung in Taylor's California home until her death in March 2011.
One highlight of yesterday's sale was a gift to the late Hollywood actress from her father, the art dealer Francis Taylor.
Dutch artist Kees van Dongen's Promenade a Cheval sold for 601,250, well above its 120,000 estimate.
A group of 13 paintings by British artist Augustus John sold for a total of 192,825.
All figures included buyer's premium.
A spokesman for Christie’s said that
some of the proceeds will go to the Elizabeth Taylor Aids Foundation,
which she set up during her lifetime.
Marc Porter, chairman of Christie's Americas said last night: 'It has been an incredible honour for Christie's to present this storied collection to the global collecting community.
'From our initial announcement of the collection sales last summer in New York, to the worldwide tour of the collection highlights last fall, to the last rap of the auctioneer's gavel today in London, the global outpouring of affection and admiration for Elizabeth Taylor from fans and collectors alike has been amazing for us to witness.
Vincent Van Gogh's The Vue de l’Asile et de la Chapelle de Saint-Rmy
made 10m as one of the top lots from Elizabeth Taylor's personal art
Camille Pissarro's Pommiers ragny, signed and dated 'C.Pissarro.94', was sold for nearly 3m
Left, Autoportrait by Edgar Degas (1834-1917). Stamped with signature 'Degas'. Oil on canvas.
Painted in 1857-1858. Sold for 713,250. Right, Pierre-Auguste Renoir (1841-1919), Buste de femme en costume oriental. Signed 'Renoir'. Oil on canvas. Painted circa 1895. Estimate 180,000 to 250,000
Mr Porter added that this is a
'one-of-a-kind collection, which will go down in history as one of the
most successful private collection sales ever presented at auction.'
Taylor's enduring passion for art was thanks in part to her art dealer father, who had a gallery on London's Old Bond St.
From an early age, he instilled a deep appreciation of the arts into his daughter, who went on to freely indulge in her passion, particularly for impressionist and modern art, when she was financially independent.
Last December, Christie's New York
sold Taylor's collections of jewellery, fashion, decorative arts and
memorabilia in a four-day marathon auction series.
Making an entrance: Elizabeth Taylor's clothes on display in New York – at the end of a three month global tour – before the collection reached $2.6million at auction
possessions: The items in the sale, includes this Versace Polychrome Warhol-Inspired Imagery
Suit (second from left) and a Christian Dior gown and matching handbag went for $362,500, 70 times the estimate
Record breakers: This Christian Dior brocade gown and matching handbag (left) went for $362,500, 70 times the estimate, while this this beautifully structured metallic dress with leaf detailing (right) was worn in 1992
The sale of the dazzling array of Taylor's possessions fetched a
staggering 103m, far exceeding Christie's pre-sale expectations.
Bidders across the world bought up every one of the 1,778 lots of jewellery, clothing, decorative arts and film memorabilia.
One Christian Dior brocade gown and matching handbag went for $362,500 – 70 times the estimated price.
But the star buy was the legendary pearl known as 'La Peregrina', which Burton bought for Taylor in 1969 and which cost him 23,000.
A necklace bearing the pearl fetched a world record price of 7.6million.
Royal connections: The historic La Peregrina pearl, set in a diamond and
ruby necklace by Cartier, sold for a record 7.6m
From left: This Bulgari Emerald necklace, a stunning brooch and an emerald and diamond necklace by Oscar Heyman and brothers were all sold as part of the jewellery auction