Elizabeth Taylor's jewelry sells for $115 million

La Peregrina, left, a Natural Pearl, Diamond and Ruby necklace by Cartier, and a pair of Natural Pearl and Diamond ear pendants by Bulgari are on display during a preview of the full Collection of Elizabeth Taylor at Christie's, Thursday, Dec. 1, 2011 in New York. The collection will be up for auction in person and online, a first for Christie's, from Dec. 13-17. (AP Photo/Mary Altaffer)

December 14, 2011 4:57:07 PM PST
Elizabeth Taylor's jewelry collection fetched 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 an auction of gems and other memorabilia amassed by the late actress.