Taylor's treasured pieces were expected to go for hefty numbers, but with the sale of such items as as "La Peregrina", her famous pearl, diamond and ruby necklace, and her 33-carat diamond ring, the final tab exceeded previous estimates, in many cases, by the millions. In a recent statement, the collection has already broke many world records including the highest bid for pearl jewelry, the per carat price for a colorless diamond, the price for an Indian jewel, and a ruby per carat.
The Queen of Diamonds reign just wont let up!
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The big winner of the night was the “La Peregrina,” the 16th Century pearl on a necklace designed by Cartier for Taylor, sold for $11.8 million, setting the world record for a pearl jewel. The pre-auction estimate was $2 million to $3 million.
The 33.19-carat Asscher-cut D color potentially flawless diamond set on a ring that Taylor wore nearly everyday, sold for $8.8 million, well above its $2.5 million to $3.5 million estimate.Less than halfway into the auction it was estimated in the press area that the $30 million pre-auction estimate for the evening was topped. It was a marathon night where rapid, high-speed bidding was offset by long pauses as prices reached levels that few could have imagined.
Impressive. I can't believe someone out bid me on that 33 carat ring! ~vK