An Unsold item at the Elizabeth Taylor Auction

When I heard over the summer that another auction of Elizabeth Taylor’s possessions was taking place in December I was elated! I remembered her last sale and the fun I have had since see her jewelry reappear on the auction block.

This sale was a little different. It was suppose to show the star’s fun side. So when the catalog appeared on Julien’s Auction website I combed through looking at the history and for the jewelry. There were a few pieces but not to the level of her last sale.

The Piece That Didn’t Sell

I did think that most if not all pieces would sell. So I wasn’t surprised to see a few unsold items but did wonder why a particular item went unsold. The item I am referring to was the first item up for auction. The Cartier belt engraved as a gift to Elizabeth’s mother. The estimate was $10,000-$20,000.

The engraving was written in Elizabeth’s own hand. The inscription reads: “To My ‘Hippy’ / Mom / All my love / Elizabeth” . A sentimental piece that was the first item to be passed over at the auction.

Is the Marketing Wrong?

If you are in the retail business or follow marketing articles, retailers are always being told that a compelling story can set your product and business above the rest. A way to differentiate your self is to have a unique story. You probably have read other articles with the same advice.

Over the next year I am going to look deeper into this auction and the other Elizabeth Taylor auction that was over 8 years ago at Christie’s. I will also be looking at other auction data and seeing if there would have been a better way to have presented this item so it might have sold or is this an indication of something else.

Thank you for reading. I plan to get back to a regular blogging schedule for 2020! Happy Elizabeth Taylor Tuesday!

Restraining Order on Auction from Elizabeth Taylor and Eddie Fisher Divorce

Recently I saw an Instagram Ad by the company Invaluable, about looking at some of their auction pieces. They picked a few pieces from the estate of Elvis Presley to display to me. I have looked at some of Presley’s estate pieces on auction before. I looked at the auction in total and saw an interesting article from the past, a restraining order given to Eddie Fisher by Elizabeth Taylor! A little bit of research had me discovering that 55 years ago this month Taylor and Fisher were finally divorced. The exact date is March 6, 1954.

I’m going to look at some of the jewels Eddie Fisher bought for his second wife, Elizabeth Taylor. The story behind the jewels and the end of the marriage that lead to the restraining order on auction now.

Birthday Surprise

The story told by Taylor was that she and her new lover Richard Burton agreed to take a break from their affair about the time that Taylor was celebrating her 30th birthday. Burton did not send so much as a flower over to Taylor in recognition of her birthday. Eddie Fisher was aware of the affair his wife was having with her costar and wanted to try and save her marriage by buying some jewelry from Bulgari. The three pieces below consist of colored and white diamonds.

End of the Marriage

These pieces did not change Taylor’s mind about the marriage and soon she had left Fisher and wanted a divorce. In Taylor’s book, My Love Affair with Jewelry, Taylor claimed after the separation Fisher sent her the bill for the pieces. She did pay it. They are beautiful pieces that were seen from time to time on Taylor.

The Bulgari jewels that were the more iconic pieces of Taylor’s were the emerald pieces bought by Burton. The prices at auction for 5 of the Bulgari emerald pieces ranged from $3 million- $6 million. There was one emerald piece that was Bulgari but only sold for $1.5 million (buyer’s premium included). This emerald and diamond flower brooch. It was purchased by Eddie Fisher, you can read more on it here.

Elizabeth is wearing the brooch with earrings bought by Burton and you can feel the tension as Fisher tries hard to keep Taylor happy.  The brooch still did well above its $200,000-$300,000 estimate. For those interested the emerald earrings did 16 times better than the high estimate of $200,000!

The Current Auction

The restraining order has Eddie Fisher as the plaintiff with a signature by Elizabeth Taylor-Burton as the defendant. A restraining order filed after she married Richard Burton, which I found interesting. The end of the relationship with Eddie was frightening for Elizabeth. An article claims that Taylor woke up with a gun to her head by Fisher. Fisher didn’t pull the trigger saying she was too pretty to kill. Taylor left with her children after that. This is not the only restraining order, Heritage auctions sold one from around the time of this one several years ago.   

Will be interesting to see if anyone bids on the document and how much it goes for. What do you think of the jewelry Eddie picked? If you had the funds would you have paid the bill in the divorce? Thank you for visiting and I hope you visit Data in the Rough next week!