A woman looks at the "La Peregrina" pearl on display during a press preview of Hollywood star Elizabeth Taylor's possessions at Christie's London, in this Sept 23 file photo. The huge pearl, once worn by European royalty and last owned by Taylor, sold for a record $11.84 million at a blockbuster auction in New York on Tuesday. "La Peregrina", depicted in art works over the centuries and coveted by kings and queens, was bought for Taylor by her actor husband Richard Burton in 1969. [Photo/Agencies] 

A phone bidder signals her bid near an image of Elizabeth Taylor during an auction of the late actress' jewelry, clothing, art and memorabilia at Christie's Auction house in New York Dec 13, 2011. As her couture, fine art, decorative objects and accessories hit the auction block in a week of sales expected to raise well over $50 million, it is the Tuesday and Wednesday sales of her jewelry that are most anticipated. Some 269 diamonds, pearls, rubies, rings, necklaces and even a tiara will be sold, with several of the most valuable, storied pieces tied to Taylor's lengthy, complicated romance with actor Richard Burton, whom she married and divorced twice. [Photo/Agencies]