FILE - This , Sept. 1, 2011, file photo shows"The Elizabeth Taylor Diamond," a 33.19 carat a gift to the actress from Richard Burton at Christie's, in New York. The 33.19-carat diamond ring given to Elizabeth Taylor by actor Richard Burton sold for over $8.8 million at auction in New York. (AP Photo/Richard Drew, File)
FILE - This , Sept. 1, 2011, file photo shows"The Elizabeth Taylor Diamond," a 33.19 carat a gift to the actress from Richard Burton at Christie's, in New York. The 33.19-carat diamond ring given to Elizabeth Taylor by actor Richard Burton sold for over $8.8 million at auction in New York. (AP Photo/Richard Drew, File)
FILE - This Sept. 1, 2001, file photo shows Elizabeth Taylor's "La Peregrina," an early 16th century pearl, ruby and diamond necklace by Cartier, that was gift from Richard Burton to Elizabeth Taylor, at Christie's, in New York. A pearl known as "La Peregrina" purchased at auction for $37,000 in 1969 by Burton for Taylor reached the world record price Tuesday Dec. 13, 2011 of $11,842,500. It was estimated to sell for $2 million to $3 million. (AP Photo/Richard Drew, File)
NEW YORK (AP) ? Elizabeth Taylor's jewelry collection sold for 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 a Christie's auction Tuesday night of memorabilia amassed by the late actress.
The pearl, diamond and ruby necklace, known as "La Peregrina," reached the world record price of $11,842,500. It had been estimated to sell for $2 million to $3 million. The price surpassed the previous auction record for a pearl, set in 2007 with the sale of The Baroda Pearls for $7,096,000.
Burton bought the necklace at auction in 1969 for Taylor for $37,000.
Taylor, a screen goddess who also starred in classics such as "Giant," ''Who's Afraid of Virginia Woolf?" and "Cat on a Hot Tin Roof," died in Los Angeles in March at age 79. A jewelry lover, she had pieces from some of the most famous names in the jewelry world, including Cartier, Van Cleef & Arpels and Chopard, in her collection.
The 33.19-carat diamond ring sold for $8,818,500. It had been estimated to sell for $2.5 million to $3.5 million. The ring was purchased by a private buyer from Asia, according to a Christie's spokesman.
The collection of Taylor's necklaces, earrings, pendants and rings and other gems went on sale Tuesday night in New York.
Among the other high-profile items was a diamond bracelet given to the "National Velvet" and "Cleopatra" actress by singer Michael Jackson, with an estimated sale price of $30,000 to $50,000. It sold for $194,500. All prices include the buyer's premium.
Other sales of Taylor's art, clothing and memorabilia will be held later in the week. Part of the proceeds will go to The Elizabeth Taylor AIDS Foundation, which she established in 1991 to help people living with AIDS.
Taylor's collection of impressionist and modern art is scheduled to go on sale at Christie's in London in February.
Associated Pressrick perry gaffe rick perry gaffe graham spanier graham spanier penn state board of trustees joe pa joe pa
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