Thursday, December 15, 2011

Oh La La - La Peregrina Pearl


Monday night we were glued to the computer watching the Christie's auction of Elizabeth Taylor's magnificent jewelry collection.  For months everyone in the trade had been talking about how the numbers in this auction were going to go through the roof...and they did.

Tuesday morning one of my dealer buddies from New York stopped by my office to say hi...not really, he came to collect money.

Anyhoo, we discussed the results of the previous night's auction. How could we not?
My dealer buddy had a little story to tell me apropos the auction.
Back in 1969, his father, the world's foremost dealer in natural pearls, had sold a beautiful teardrop shaped pearl pendant, La Peregrina, at auction for around $38,000.
Richard Burton was the buyer.
This week La Peregrina sold over $11,800,000 at Christie's.
Imagine that.

I wonder who the buyer was.

We have been so busy for the last few months that I have not any time to blog.
Hopefully, after the Christmas rush is over, I can get back into blogging swing of things.


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8 comments:

déjà pseu said...

Really a stunning piece. Liz Taylor really was the poster child for how to wear incredible jewelry, wasn't she?

David Toms said...

Now that is a return on the original investment! It was amazing the scope of Taylor's possesions.

We do miss you

Bourbon&Pearls said...

Good to see you again.
I would love something from her estate, the smallest teeniest trinket but I'm sure even that would be a fortune.

Jill said...

Missed you!

Belle de Ville said...

Pseu, David, Tabitha and Jill and the rest of my blogger buddies,
I miss you guys too.
I need grab my laptop and take a vacation on a beach somewhere so that I can go back and read all of the blog posts that I have missed over the last month or so.

YONKS said...

I too wondered who had bought this! Intriguing. I wonder if we will ever see it again?
Di
x

Mardel said...

Stunning price for a rather stunning pearl. Elizabeth Taylor really wore the most incredible jewelry.

I'm so glad your back on the blog. I missed reading your posts.

Savvy Gal said...

stunning piece.

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