The auction of Elizabeth Taylor's jewels, art, and haute couture is quickly approaching (December) but in the meantime the collection is being displayed in various cities around the world for the public to view before they are purchased by some very wealthy people.

The gems are a fascinating collection with brooches worth as much as $600,000. The exhibition is currently on view In London and includes what looks to be the Krupp diamond (33.91 karats) that was given to her by Richard Burton or is that the 69.42 karat ring  that he gave her?

The entire collection is estimated to be worth over $150,000,000 with part of the proceeds going to the Elizabeth Taylor AIDS Foundation for which she tirelessly worked.

Enjoy the pictures.

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Photos: Christie's/WENN

Dame Elizabeth Taylor left us on March 23, 2011 (which is still hard to believe) and not only are her jewels being auctioned off, but her designer clothes will be as well. Oh to have a piece of either auction would be a dream come true!

There will be 400 designer pieces that go to auction for 4 days in December (December 13 – 16 inclusive) according to New York's Christie's. Among the pieces are haute couture by Chanel, Yves St. Laurent and Dior:

"One of the many great treasures within Elizabeth Taylor's vast collection is her extraordinarily well-preserved wardrobe," said Marc Porter, chairman and president of Christie's Americas.

"The stunning outfits she wore to galas, award ceremonies, AIDS benefits and even her own weddings to Richard Burton are all here, lovingly maintained along with the handbags, shoes, hats and other accessories that completed her superstar looks," he added in a statement.

Her jewels and clothing are on tour right now and will be up until the auction. So far, over 6,000 people viewed the collection in Moscow alone. Other stops include Los Angeles, London, Dubai, Geneva, Paris, Hong Kong. The final stop in New York will see a museum-type exhibition that will fill all of Christie's auction house before the 4 day auction.

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Kate Winslet is V Magazine’s Fall cover girl courtesy of the incomparable Mario Testino and yes, she is totally channeling Elizabeth Taylor in those photographs complete with head scarves and jewels.

Do you think she resembles the late Dame Elizabeth Taylor? I think it’s remarkable. She could totally play Elizabeth Taylor in a movie. Do you think any other actresses could do just as well or better?

Jewels courtesy of Harry Winston, David Webb and Chanel. This issue of V Magazine on sale starting today.

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Back in March we told you that Elizabeth Taylor’s jewels would be going to auction, and less than a year after her death (March 23, 2011) at the age of 79, her jewels, art, memorabilia and fashion will go to auction starting December 3.

The 10-day exhibition will be held at Christie’s where they will be holding it in the Rockefeller building. But if you live in Moscow, London, Los Angeles, Dubai, Geneva, Paris, or Hong Kong you will have a chance to see it during a 3 month exhibition that will take place starting in September.

A portion of the proceeds from the exhibition will go to her charity The Elizabeth Taylor AIDS Foundation.

Christie’s describes the sale of her jewellery as:  ”one of the most remarkable jewelry events in auction history.”

At the time of her death, her jewellery was estimated to be worth $100 million! All items will be sold at the New York auction save for the art which will be sold at the London auction in February.

Christine’s online auction will be running at the same time as the live auction. No word on what pieces of jewellery will be auctioned, but can you imagine the price of the insurance and security coverage for the exhibition?

It’s still sad to think that the world lost such an amazing person as Elizabeth Taylor. I can’t help but think she’s with Michael Jackson now.

It’s still hard to believe that Elizabeth Taylor is gone, isn’t it? And even if you have the purest of hearts, you have to wonder what is going to happen to all of the gems that she had.

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The collection in total is estimated to be worth over $150 million and apparently is going to be auctioned off at Christie’s Auction House. Christie’s declined to comment and there is no word on what pieces will and won’t be auctioned off.

Part of that collection is the famous Krupp diamond that Richard Burton gave her. That baby weighs in at 33.91 karats! Oh to be a multi-millionaire when that beautiful rock goes up at Christie’s.

Dame Elizabeth Taylor became quite an expert at gems according to President and CEO of Luxury Jewels of Beverly Hills Peter Sedghi:

“She had the most amazing eye,” “To be honest, she knew more than I did [about jewelry]. When you would show her stones, she would tell you the origin, if it’s good quality, bad quality, where it came from.”

Lorraine Schwartz (friend and jeweler) says that Elizabeth was always receiving pieces of jewelery and not just from husbands:

“The studios, in order to make her happy, they’d always give her jewelry. So she grew up collecting it,” she explains. “People always gave her gifts … it was something that she learned to love.” And she took great care of them, too. “She [had] collections and collections, and rooms. She [knew] where every single piece was. [It was] amazing.”

Can you imagine what it would look like to see every piece together at one time?

You’ve got to love Elizabeth Taylor. She wanted to be fashionably late, even for her own funeral. According to her publicist:

“The service was scheduled to begin at 2 pm but at Miss Taylor’s request started late. Miss Taylor had left instructions that it was to begin at least 15 minutes later than publicly scheduled, with the announcement, ‘She even wanted to be late for her own funeral.’”

How can you not love that? Dame Elizabeth Taylor’s funeral was held yesterday at Forest Lawn Cemetery in Glendale, California where friend Colin Farrell read poetry as did her son Michael Wilding, grandson Tarquin Wilding and her daughter Liza Burton Tivey according to US Weekly.  Grandson Rhys Tivey performed Amazing Grace on the trumpet.

RIP Elizabeth Taylor

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Tonight at 8 p.m., all theatres on Broadway in NYC will dim their lights for one minute in honour of the iconic actress, businesswoman and generous humanitarian. Details of a public service will be made at a later date.

It is still hard to believe she is gone, isn’t it? What is your favourite Elizabeth Taylor movie?