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
Warhol's 1964 'Silver Liz' sold for $662,500.   (Getty Images)
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(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." (Read more fashion stories.)

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