In addition to the jewelry sale which totaled $137 million was the Haute Couture, Fashion & Accessories which totaled $5.5 million, the Fine and Decorative Arts & Film Memorabilia, Including Costumes sale which totaled $4.4 million and the online only sale which brought in $9.5 million.
The combination of luxury goods and star power is certainly a good one when it comes to auction sales.
Christie's reported on the four sales
Source: www.Christies.com
MOST VALUABLE SALE OF JEWELRY IN AUCTION HISTORY
MOST VALUABLE PRIVATE COLLECTION OF FASHION
EVER SOLD AT AUCTION
CHRISTIE’S FIRST EVER ONLINE-ONLY AUCTION – CONDUCTED IN PARALLEL TO LIVE AUCTIONS – FETCHES OVER $9.5 MILLION
26 ITEMS SELL FOR OVER $1 MILLION; 6 ITEMS FOR OVER $5 MILLION
STELLAR SALE RESULTS SET THE PACE FOR CONTINUING SALES OF FINE ART FROM THE COLLECTION IN JANUARY AND FEBRUARY 2012
New York – The landmark auctions of The Collection of Elizabeth Taylor at Christie’s New York from December 3-17 realized a combined total of $156,756,576 (£100,324,209/ €120,702,563) with every single item sold. The sale drew unprecedented interest from bidders throughout the world, who gathered in Christie’s flagship Rockefeller Center saleroom to compete in person, on the phone, on-line and by absentee bid to win one of the Collection’s 1,778 lots of jewelry, fashion, decorative arts and film memorabilia. The total far exceeded Christie’s pre-sale expectations for the sale as a whole and for individual items, which were frequently hammered down for five, ten, or even 50 times their estimate in some cases. As one of the most highly-anticipated sales in auction history, the Collection generated intense interest from bidders throughout the world, with 36 different countries represented during the four days of live auctions. This historic sale set a world record for the most valuable sale of jewelry in auction history, and set a new bar for the most valuable collection of fashion ever offered at auction. It also marked the company’s first-ever Online-Only sale, which ran in parallel to the live auctions at Christie’s New York and generated over 57,000 bids and $9.5 million in additional sales. In total, 26 items sold for over the $1 million mark, and numerous new world auction records were achieved – a testament to Miss Taylor’s expert eye for craftsmanship, rarity, and quality in all of the items she chose for her personal collection.
Michael O’Neal, Head of Digital Media, said:
“We are thrilled with the results of our first Online-Only sale, which Christie’s embraced as an innovative way to make this incredible Collection accessible to Elizabeth Taylor’s legions of fans worldwide. As the international tour of the collection’s highlights showed us, thousands of people the world over have been genuinely moved by the legacy of Elizabeth Taylor and were eager to be a part of last week’s events and sales in New York. The online-only sales proved to be the perfect complement; not only did thousands of collectors and fans turn out to participate, they also shared their enthusiasm for the chase on our Twitter and Facebook pages, creating a true online phenomenon that mirrored the record-setting events taking place in our New York saleroom.”
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