Taylor’s jewellery to fetch $30 million

The late actress’ collection of 300 pieces – including rings, earrings, necklaces, brooches and tiaras – will go under the hammer at Christie’s auction house in New York.

Among the highlights hitting the auction block are the 33.19-carat Elizabeth Taylor Diamond; Wallis Simpson, the Duchess of Windsor’s plume pin and La Peregrina, one of the largest pearls in the world, which Richard Burton gave Taylor in 1969 as a Valentine’s Day gift.

Marc Porter, chairman and president of Christie’s America, insists the sale will “captivate the auction world”, adding, “This is without a doubt the greatest private collection of jewellery assembled in one place.”

A portion of profits from the sale will reportedly benefit the Elizabeth Taylor AIDS Foundation.