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Gary Michaels Fine Jewelry is the premier luxury jewelry retailer of Central New Jersey. We offer the largest selection of diamonds in New Jersey as well as fine jewelery and watches from around the world. We offer our customers a wide array of services, including: diamond buying education, gold buying, free jewelry cleaning, complimentary insurance replacement appraisal for your purchase upon request, jewelry repair on site by Master Jeweler Kleo, diamonds set on premises in front of you, most watch batteries can be replaced on site, full appraisal of all items, complimentary gift wrap, complimentary coffee, cappucino, espresso, and cookies. Gary Michaels Fine Jewelry is committed to providing superior service that exceeds your expectations.

Wednesday, December 14, 2011

Elizabeth Taylor's jewelry auction set a new world record

The La Peregrina necklace (left) and the Prince of Wales brooch
"The Elizabeth Taylor Diamond," a 33.19 carat  

 Elizabeth Taylor's jewelry auction set a new world record for the amount spent on a private jewelry collection, fetching $115 Million According to ABC News, here are a few examples of the sales:
  • The La Peregrina necklace, a diamond, ruby, and pearl rope with a sixteenth-century pear-shaped pearl pendant, thought to be one of the finest pearls in the world: $11,842,500
  • The Taj Mahal ruby and gold chain by Cartier: $8,818,500 (a new world record for an Indian jewel)
  • The Prince of Wales brooch, formerly owned by the Duchess of Windsor: $1,314,500
  • The Elizabeth Taylor Diamond, a 33.29 carat Asscher-cut ring given to her by Richard Burton in 1968: $8,818,500
A portion of the proceeds will go to the Elizabeth Taylor AIDS Foundation.


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  2. "A woman has the right to feel beautiful, don't you agree?" she says. "I won't tell you which piece it is that I want, because it will push the price up."

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  5. It has been long said that the late Elizabeth Taylor had a love affair with jewellery that was only rivalled by her many love affairs with men. Because of this, she accumulated some of the most stunning and world renowned diamond rings, diamond necklaces, and other fine diamond and gemstone jewellery over the years. One of the most noteworthy of her many diamond rings was the Krupp Diamond ring, later renamed to the Elizabeth Taylor diamond ring in her honour.

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  7. It was a great auction. I went there and I was amazed by her collection. Everything was presenting art.

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