Tag Archives: La Peregrina pearl

The cost of a pearl of great price

The actress Elizabeth Taylor’s art, clothes, furnishings and jewellery are being sold by Christie’s auction house this week and next, with the best of the jewellery to be auctioned in New York on 13 December.  Lot No. 12 is La Peregrina, meaning ‘the wanderer’ or ‘the pilgrim’, a pearl of impeccable provenance.  Christie’s estimates it will sell for $2-3m.

The pearl was found in the Gulf of Panama during the first half of the 16th century. Spain was then colonising Central America, and Spanish colonists presented the pearl to the Spanish king, Philip II. Continue reading