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Liz Taylor's Wardrobe, Warhol Fetch Huge $2.6M

Hollywood icon's haute couture auctioned off

By Rob Quinn,  Newser Staff

Posted Dec 15, 2011 3:17 AM CST

(Newser) – The record-breaking auction of Elizabeth Taylor's gems was followed by the record-breaking sale of part of her wardrobe, in bidding that proved to be just as fierce and racked up a staggering $2.6 million. All 67 lots, including designer gowns, feathery capes, and the wedding dress she wore for her second marriage to Richard Burton, were sold at the Christie's auction; some items fetched more than 60 times the auction house's estimates, Bloomberg reports.

Included in the auction was a 1964 Andy Warhol lithograph of the star, inscribed "To Elizabeth, with much love." It sold for $662,500, more than 10 times Christie's estimate. "To own a piece worn by Elizabeth Taylor, the last of the glamorous, great movie stars, is priceless,” said a fashion industry consultant who attended the sale. “There are people who buy it as collectors. Vintage clothing is like buying art these days, it will only increase in value."

Warhol's 1964 'Silver Liz' sold for $662,500.
Warhol's 1964 'Silver Liz' sold for $662,500.   (Getty Images)
The lithograph was inscribed to Elizabeth, with much love.
The lithograph was inscribed "to Elizabeth, with much love."   (AP Photo/Misha Japaridze)
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COMMENTS
Showing 2 of 2 comments
getoffmylawn
Dec 15, 2011 7:31 AM CST
Estimates were too low.  How could an original Warhol of Elizabeth Taylor, personally inscribed, only be estimated at $62,000?  Of course it sold for 10 times the price.  Two 20th century pop icons wrapped in one item.  Of course, theyre both up there snickering, but whatever.
Cheshire
Dec 15, 2011 5:55 AM CST
"It sold for $662,500, more than 10 times Christie's estimate." Now you've done it. Zombie Warhol's coming back for his share, and he's pissed.

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