The highest price realized for a single emerald is $6,578,500 (£4,212,400; €4,949,740) – including buyer’s premium – for a BVLGARI emerald and diamond pendant brooch sold at Christie’s in New York City, USA, on 13 December 2011. The emerald, believed to originate from Colombia, weighs 23.46 carats.

The brooch was a gift to Elizabeth Taylor from Richard Burton upon their engagement in 1962.

The brooch was one lot within the Elizabeth Taylor Collection auctioned at Christie’s in New York City, USA, held on 3–17 December 2011. The jewellery items alone in total raised more than $137 million (£87.7 million; €103 million) – a record in itself for a jewellery collection.

The original estimate for this lot was between $500,000 and $700,000, which means its final price exceeded its lower estimate by more than 13-fold.

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History of Auctioneering

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