The exorbitant prices of jewelries sold at the auctions are attributed to the fine craftsmanship, the expensive metals and gemstones and their historic value. Hence, when the private jewelry collections of the world’s famous personalities occasionally appear for auction there is huge frenzy and enthusiasm among affluent buyers and collectors. One of the most expensive private jewelry collections to be auctioned was that of the legendry Hollywood actress Elizabeth Taylor. In addition to the pieces bought from the world’s famous jewelry houses, the collection also had a 16th century historic pearl necklace and Elizabeth Taylor diamond ring, which is also one of the most expensive diamond rings in the world. The link below tells you about the most expensive private jewelry collections ever sold.