Jackson's Gift to Taylor to be Auctioned
January 19, 25
(IDEX Online) - A diamond line bracelet that was a gift from Michael Jackson to Elizabeth Taylor is expected to fetch $61,000 to $86,000 when it is auctioned in the UK later this month.
The celebrity pair formed a close friendship - iconic actress Taylor was godmother to Jackson's children Paris and Prince - and Jackson, the King of Pop, gifted her a number of jewelry pieces over the years.
Among them was this bracelet, set with 27 graduated radiant-cut diamonds of yellow tint, claw-set in yellow gold, with a central diamond weighing 3.38 carats.
Auction house Woolley and Wallis, in Sailsbury, southern England, did not disclose further details about the diamonds.
The bracelet was sold in December 2011, for $182,500, at Christie New York's The Collection of Elizabeth Taylor.
It raised $116m (way beyond its $20m estimate) and broke the record for any collection of jewelry sold at auction.
Marielle Whiting, jewelry specialist at Woolley & Wallis, described the bracelet as a "beautiful and highly wearable diamond bracelet with truly legendary provenance that continues to live on".
The auction is on 30 January.