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Elizabeth Taylor’s Jewels, Dresses Will Be Sold by Christie’s

April 9 (Bloomberg) -- Elizabeth Taylor’s collection of art, jewels, dresses and memorabilia will be sold by Christie’s auction house.

The items will be sold in a series of auctions, Christie’s said today in a press release. The value of the estate and the dates of the sales haven’t been determined, according to Christie’s spokesman Toby Usnik.

Taylor, who died last month at 79, was known for her lavish jewels and torrid love affairs. She had eight marriages and her husbands included actor Richard Burton, U.S. Senator John Warner and producer Mike Todd.

Christie’s is “most honored to have been entrusted with the collection of this world-renowned film legend, humanitarian and tastemaker,” Marc Porter, chairman of Christie’s Americas, said in a statement.

A two-time Oscar winner and early AIDS activist, Taylor raised millions for research and treatment of the disease.

In 1999, Taylor donated the periwinkle gown she wore to the 1969 Academy Awards ceremony to a Christie’s auction that raised $786,120 for the American Foundation for AIDS Research.

The dress matched her eyes and showed off her ample cleavage. It fetched $167,500.

(Katya Kazakina is a reporter for Muse, the arts and leisure section of Bloomberg News. The opinions expressed are her own.)

-- Editors: Rick Warner, Mark Beech.

To contact the reporter of this story: Katya Kazakina in New York at kkazakina@bloomberg.net.

To contact the editor responsible for this story: Manuela Hoelterhoff at mhoelterhoff@bloomberg.net.

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