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Elizabeth Taylor's jewelry sells for $115 millionElizabeth 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. The 33.19-carat diamond ring given to Taylor by the actor she married twice, sold for $8,818,500.