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Entries in Elizabeth Taylor (2)

Wednesday
Feb082012

Elizabeth Taylor’s Van Gogh Sells for $16 Million

Oli Scarff/Getty Images(LONDON) -- Late actress Elizabeth Taylor’s artwork sold for far more than expected when her unsigned Vincent Van Gogh piece “Vue de l’Asile et de la Chapelle de Saint-Rémy” sold for $16 million at an impressionist/modern art auction held at Christie’s International in London.

The $16 million purchase price was double the painting’s estimate and was sold to a mystery buyer.  Taylor purchased the Van Gogh painting in 1963 and kept it all her life, hanging it above her mantle, according to the auction house.

The Oscar-winning actress and beauty icon who passed away in March at the age of 79 had acquired a fantastic collection of artwork created by artists like Van Gogh, Pissarro and Degas throughout her legendary career.

Another painting from Taylor’s collection, “Pommiers à Éragny” by Camille Pissarro, also more than doubled its estimated price and sold for $4.6 million. A third, “Autoportait,” by Edgar Degas was estimated to sell for $500,000 but sold instead for $1.1 million.

The works were sold on the first day of a two-day auction of Taylor’s collection. On Wednesday, Christie’s will sell an additional 35 pieces from the actress’s collection, including the works of artists like Renoir, Miro and Magritte.

Copyright 2012 ABC News Radio

Thursday
Mar242011

Elizabeth Taylor, Savvy, Steely-Eyed Business Woman

Gregg DeGuire/WireImage(LOS ANGELES) -- Elizabeth Taylor may be remembered for her sultry and dramatic roles in Cleopatra, Butterfield 8, and Who's Afraid of Virginia Woolf? Yet despite being the first actor to receive $1 million for a movie and her two best actress Oscars, her main source of recent income was most likely not from her films, but her branded products. 

One of the first celebrities to endorse a perfume, Taylor launched her first fragrance, Passion, in 1987. It's still licensed with beauty products company, Elizabeth Arden.

"That was really setting the standard. Celebrities had not really done that before," said William J. Mann, author of How to Be a Movie Star: Elizabeth Taylor in Hollywood.

Doing so allowed Taylor to "keep herself comfortable in her later years," according to Mann.

"It shows how smart she was," Mann said. "People think about her as a glamorous movie star. She was actually a very smart business woman."

And Taylor's death may not be a barrier to her income earning potential. Already predicted to hold Hollywood iconic status like that of Marilyn Monroe, Taylor merchandise likely will produce a steady stream of income. Marilyn Monroe has been featured at least eight times on Forbes' annual Top-Earning Dead Celebrities list, bringing in $6.5 million when she was featured on the list in 2008.

Taylor paved the road for other celebrity fragrances, like that of Britney Spears, Taylor Swift, and P. Diddy. In 1991, she introduced White Diamonds, and followed with a handful of other scents, many of them still available. Taylor's most recent perfume, Violet Eyes -- alluding to her fabled eye color --launched in spring of 2010.

In 1993, Taylor partnered with Avon Products to launch her own costume jewelry line. Her pieces have become "the most sought after and highly valued of the Avon costume jewelry collections," according to eHow.

Avon and Elizabeth Arden could not be reached for comment.

Copyright 2011 ABC News Radio







ABC News Radio