12.15.2011

Liz Taylor’s ‘Cleopatra’ Robe, Wedding Gown Set Fashion Record

On December 15th (Reuters) - Elizabeth Taylor, designer wedding dresses with high sequins, rhinestones and layers with feathers raised $ 2.6 million at Christie's International in New York yesterday, a record for an auction mode.
The night's couture sale the assets of the actress, who died this year, lasted about three hours, and phone bidders China's online in Minnesota fighting for a piece of wardrobe in the famous icon in Hollywood. The 67 lots sold, some beat their high estimates of more than 60 times.
"For a work of Elizabeth Taylor, the last of the glamorous movie stars, is led by his own invaluable," said Fern Mallis, a consultant in the fashion industry, which deals with the sale. "People are buying as a collector. Vintage clothing is like buying art these days, will only increase in value."
Fashion jewelry sale was followed by an auction record for the Hollywood star, who collected $ 137.2 million in two days, including a 50.6-carat gem given by her husband Richard Burton Taylor, which sold for $ 11 8 million on 13 December.
The top lot was the sale last night signed a 1964 Andy Warhol lithograph Taylor is on a red background with green eye shadow and red lipstick, the inscription "Elizabeth, with love." Estimated at $ 30,000 to $ 50,000, jumped over $ 662 500th
The most expensive lot was a kind of Christian Dior dress with silver brocade, with inlaid game bag. Recovered $ 362,500 compared to a high estimate of $ 6,000. Taylor was all for the annual dance in France by Guy de Rothschild and his wife.
'Crazy' Sale
"It's crazy," said Linda Yellen, who was producer of "Sweet Bird of Youth", a melodrama of 1989 in which the interpreter of the actress. "This shows how much wealth is there to represent a particular piece of magic."
Michael Steinhardt, an art collector and former hedge fund manager, has entered the auction house, in the middle of the night with his wife Judy. The first row, offering a representative of black velvet Taylor "Scorpion" Cap Tiziana that Princess Grace of Monaco, the 40 th "Scorpio" ball is November 15, 1969. He landed an Internet bidder for $ 60,000, more than 20 times the high estimate of pre-sale.
Steinhardt, WisdomTree Investments Inc. president, had better luck with a pair of earrings cascading crystal stone and gold Gucci. The room erupted in applause when the award of $ 60,000 ($ 74.500 with the Commission) took the hammer of the auctioneer. The result has exceeded a low estimate of the party 30 times.

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Wedding in Botswana
"It really is the best husband in the world," said Judy Steinhardt after the sale. "There's never a dull moment."
Taylor (1932-2011) married eight times, including twice to his "Cleopatra" co-star Burton. Gina Fratini's dress liquid added his second marriage to Burton, in Botswana in 1975 was sold for $ 62 500th
Earlier in the day, gold and diamond rings sold by Taylor Burton made during their marriage in 1964 and 1975 of 1.02 million against a high estimate of $ 8.000.
A saffron yellow embroidered muslin for her role as Cleopatra costume designer Irene Sharaff provided $ 62,500, while accounts Bolero Rhinestone Versace embroidered with pictures of Taylor, in his famous roles as Cleopatra, for $ 128 500th Actress dressed for the rise 'Freddie Mercury Tribute Concert to raise awareness about AIDS. "In April 1992
"What comes to mind, the surprising and courageous, to take a position on AIDS, we do not know," said Mallis. "She was there from the beginning and has helped raise millions of dollars for them."
A portion of the proceeds from admissions, events and publications are generated to select from the sale of the Elizabeth Taylor AIDS Foundation to be donated, said Christie.
The prices include the commission of the buyers, while the estimates do not.



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