Liz Taylor’s been dead for barely eight months.
And now it’s time for her family to clean house.
So they turned to Christie’s, who will auction off many (and we mean many) of La Liz’s personal belongings. Just in time for gift giving. Smart move.
The auction house is working the hype: Select highlights from the collection have been on a three-month world tour. Beginning in December, Christie’s is devoting its entire Rockefeller Center headquarters gallery space to the 10-day event.
On December 13, 2011, Christie’s will sell (they like to use the word “present”) 80 of Taylor’s most iconic jewels in a special Evening Sale, followed by 189 additional jewels in two Day Sale sessions on December 14. The total selection of 269 magnificent jewels from this storied collection is estimated to achieve well in excess of $30 million. Liz’s collection of Impressionist and modern art goes on the block in London in February 2012. (Go to www.christies.com/elizabethtaylor for details and to gawk.)
A portion of the proceeds from the exhibition admissions ($30 a pop!), events and publications (the set of catalogue go for $300) will go to the Elizabeth Taylor AIDS Foundation. Nice.
Knowing that most of her die-hard fans can hardly make mortgage payments, Christie’s and her family have added an n online only auction of “over 950 items of fine and costume jewelry, designer fashion and accessories and decorative arts and objects.” In other words, crap.
Here’s a sneak peek at some items. The estimates are just that; our sources say because of people eager to own a piece of Taylor, items will sell for at least 10 times the estimates Interesting sidenote: Just about all the items come with a “special notice,” reading“Please note that the copyright, and any and all associated intellectual property and other rights for this item are exclusively retained by the Trustees of the Estate of Elizabeth Taylor.” This means you cannot make copies or reproduce the items to resell. Not so nice.
A presentation purple sparkle Columbia 300 bowling ball, engraved Flintstones, May 17, 1993, Pearle, given to Elizabeth Taylor upon completion of the movie. (estimate: $500-$700)
An antique (circa 1880) diamond tiara given to the actress by hubby Mike Todd (estimate: $60,000-$80,000)
A baseball-style crew jacket of black wool with red leather, embellished with badges of Bart, Homer and Lisa Simpson with large Simpson family badge to the back, embroidered on the left front Elizabeth. Taylor was featured in two episodes of The Simpsons; in Lisa’s First Word, the actressvoiced the normally silent Maggie; Liz played herself in Krusty Gets Kancelled. (estimate: $500-$700)
A cream-colored dress with chiffon overlay tiered with lace inserts, a boned bodice with ruffled sleeves with attached satin belt, full length skirt with embroidered Art Nouveau floral motif that Liz wore in the film A Little Night Music. Accompanied by an identical dress in lilac and teal with an ivory cotton petticoat (estimate: $3,000-$5,000)
A raspberry and grey reversible wool cape, with sash ties, Elizabeth Taylor wore for her as Katherine Cole in the TV series Hotel (estimate: $300-$500)
La Peregrina, the legendary 16th-century pearl, ruby and diamond necklace designed by Elizabeth Taylor. This was a gift from hubby Richard Burton (estimate: $2,000,000-$3,000,000)
The Elizabeth Taylor Diamond, a 33.19 carats D color, potentially internally flawless. Another gift from the thrifty Richard Burton (estimate: $2,500,000-$3,500,000)