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Richard Drew
/
AP

Elizabeth Taylor's "La Peregrina," an early 16th century pearl, ruby and diamond necklace by Cartier, given to the late actress by Richard Burton, sold at auctionfor $11,842,500.






updated
12/14/2011 7:29:48 AM ET
2011-12-14T12:29:48







NEW YORK Elizabeth Taylor's jewelry collection fetched a record-setting $115 million including more than $11.8 million for a pearl necklace and more than $8.8 million for a diamond ring given to her by Richard Burton at an auction of gems and other memorabilia amassed by the late actress.





The 33.19-carat diamond ring given to Taylor by the actor she married twice sold for $8,818,500.



The pearl, diamond and ruby necklace, known as "La Peregrina," purchased at auction for $37,000 in 1969 by Burton for Taylor reached the world record price of $11,842,500. It http://www.gmgdiamonds.co.za/