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Gemvara Blog » Elizabeth Taylor
14 December

Burton’s Beloved

In her book, My Love Affair with Jewelry, Elizabeth Taylor wrote, “I never, never thought of my jewelry as trophies. I’m here to take care of them and to love them. When I die and they go off to auction I hope whoever buys them gives them a really good home.”

Well, Elizabeth, we have a feeling your wish has come true.

Elizabeth Taylor’s jewelry collection set a world record last night for the most valuable private jewelry collection sold at auction, fetching nearly $116M ($115,932,000 to be exact). And it’s not even over yet!

Last night’s Evening Sale of Elizabeth Taylor’s legendary jewelry set five records for jewelry sold at auction. Not surprisingly, all the record-breaking pieces were gifts from Elizabeth’s husband, Richard Burton. (The man had good taste.) Here are the five miraculous pieces:

  • The 50-carat La Peregrina necklace, thought to be one of the finest pearls in the world, was estimated at $2- $3 million. Burton purchased it for $37,000 and it sold for $11,842,500.
  • The Taj Mahal ruby and gold chain by Cartier set a new world record for an Indian jewel. Given to Elizabeth for her 40th birthday, the necklace was estimated at $300,000-$500,000. It sold for $8.8 million.
  • The sapphire and diamond Sautoir by Bulgari, also a gift from Burton to Elizabeth on her 40th birthday, was estimated at $600,000-$800,000. It sold for $5.9 million.
  • The 8.24-carat Van Cleef & Arpels ruby and diamond ring estimated at $1-$1.5 million, set a world record for price per carat for a ruby. This ring was given to Elizabeth as a Christmas present in 1968. The price was realized at $4.2 million.
  • The highlight of the night, the Elizabeth Taylor Diamond — a 33.29 carat Asscher-cut ring given to her by Burton in 1968 — blew away its estimate of $2.5-$3.5 million. It sold for $8,818,500 setting a record for highest price per carat for a white diamond.

Phew. If those numbers don’t make your head spin, then we don’t know what will. However, to ease our minds a bit, it is nice to know that a portion of the proceeds will go to the Elizabeth Taylor AIDS Foundation.

Now, if all this talk of rubies, emeralds, sapphires, and diamonds has to itching for some precious gems this holiday, we have a few substitutes that may hold you over. Our Penelope Ring set with a ruby center-stone mimics the diamond halo effect of Elizabeth’s ruby ring. Also, our ring is an emerald-cut diamond, similar to the Asscher-cut of the Elizabeth Taylor Diamond. While these gems will never compare to Elizabeth’s magnificent stones, the idea of designing a piece of jewelry just for you, or someone you love, fulfills Elizabeth’s ideal of cultivating a meaningful jewelry collection.

Maybe your gems will sell for millions one day. Hey, a girl can dream.

Photo Credit: Reuters, Getty Images

14 October

The Friday Link List

Glitz, glamour, and lots of gems. This week around the web…

Now this is our kind of dress from the lovely, Cupcakes and Cashmere.

Spectacular close up of Elizabeth Taylor’s jewels.

This year, the Victoria’s Secret fantasy bra will be made in aquamarine and citrine, in addition to diamonds and pearls. Too much?

Did Jennifer Aniston get engaged with an amethyst birthstone ring? We wouldn’t be upset – look how cute they look together.

Refinery 29 highlights a mood ring for your nails.

Hayden Panettiere glams it up at the premiere of her new movie, “Fireflies.” See how to get her look for less.

Itching for some eye-candy to brighten up your day? Look no further.

Emma Stone proves that spots really are chic this fall.

Looking for the perfect anniversary gift? We’ve got your fool-proof guide to anniversary gemstones right here.

A stackable iPhone case! Could this be the new stackable ring? Too bad you can’t pick your own colors like you can at Gemvara. We’re just sayin’.

Our skeleton key necklace was featured in Lucky Magazine!

Have a delightful weekend!

9 September

The Friday Link List

Fashion, fashion and more fashion. This week around the web…

The start of NY Fashion Week was yesterday, as well as the 3rd annual Fashion’s Night Out. Don’t fret –there are many fun ways to follow along with the festivities for all who can’t be there!

The Venice Film Festival , and all its gorgeous jewels and dresses, wraps up tomorrow.

Kate Winslet channels her inner Elizabeth Taylor, whose jewels each tell a magnificent story.

Be sure to tune in to The Nate Berkus Show next Friday, September 16th for a stunning surprise from Gemvara!

The latest engagement ring trends, including lots of colored gems.

Three Gemvara rings featured in Stuff Boston Magazine, on stands in Boston now!

Hoops, a jewelry box staple, are stepping out for fall.

Gemvara CEO, Matt Lauzon, compared to Mark Zuckerburg and Robert Kraft.

Rose McGowan, who has been looking lovely in citrus colors lately, celebrated her birthday on Monday.

A man sells his engagement ring for a dollar!

Jewelers around the nation reflect on 9/11 in light of the 10th anniversary this coming Sunday.

Have a memorable weekend!

23 March

Jewelry Icon Elizabeth Taylor: 1932-2011

The 69.42-carat Taylor Burton diamond, the 33.19 carat Krupp Diamond, fabulous 5-carat natural pearl La Peregrina, emeralds, rubies and the world’s most fabulous jewels adorned her but never out-shown her: Elizabeth Taylor was a style icon to remember. She died today at the age on 79 of congestive heart failure. The star of “Who’s Afraid of Virginia Woolf,” “National Velvet,” “Cleopatra,” and “Cat on a Hot Tin Roof,” she was as famous for her blinding beauty and passionate love life as for her work.

She famously had eight marriages and seven husbands but she is forever associated with Richard Burton, who she married twice and who showered her with some of the world’s most beautiful jewels. In later life, she founded the American Foundation for AIDS Research, fighting the stigma against the disease with her considerable star power.

In an interview by Kim Kardashian in this month’s Harper’s Bazaar, she said: “I never planned to acquire a lot of jewels or a lot of husbands. For me, life happened, just as it does for anyone else. I have been supremely lucky in my life in that I have known great love, and of course I am the temporary custodian of some incredible and beautiful things. But I have never felt more alive than when I watched my children delight in something, never more alive than when I have watched a great artist perform, and never richer than when I have scored a big check to fight AIDS. Follow your passion, follow your heart, and the things you need will come.”

Perhaps the first tabloid star, as her love life and addiction to painkillers were covered extensively in the gossip press, Elizabeth Taylor was also undeniably, a real movie star, the kind they don’t make anymore. In contrast to actresses today who walk the red carpet in borrowed finery, Elizabeth Taylor truly owned the jewels she wore, just as she owned the screen every time the camera turned its gaze on her.

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