28 March 2011

Liz Taylor's love affair with bling (another published feature)

Elizabeth Taylor had once famously said, that big girls want their diamonds big. She sure wasn’t mincing words, but spoke from her heart, about her love affair with all things bling. And this was an affair that unlike her many marriages was deep, long lasting and eternal — much like the diva’s own classic beauty that mesmerized audiences for generations.

Liz Taylor’s love for bling and bright began at a very early age, when she brought her mother a beautiful jeweled tiara. But that was when Taylor was in her teens. As the lady grew up into a breathtakingly beautiful woman so did her passion for jewelry. In a rare interview she gave to Barbra Walters, the goddess of glamour showcased some of her jewels from her mammoth collection — laid out on a table, these were diamonds, pearls, sapphires emeralds, golds, all carved to perfection, just like the lady herself. Her collection was then estimated at a whopping $150 million.

Many of Taylor’s exquisite jewelry were gifts from her lovers whom she wed. The Taylor-Burton, passionate affair, told a different story through the gems and jewelry that Burton gifted her. The 33 carat Krupp Diamond ring for instance is one of the most well known of all Taylor’s jewels. Purchased for $305,000 in 1968, the diamond was the first gift from Richard Burton during their marriage. She wore this piece throughout her life, and even when she wasn’t filming! Or take the La Peregrina pearl, a large pear-shaped white pearl, discovered in 1513 and purchased again by Burton for Taylor as a Valentine’s gift in 1969. After purchase, the pearl was set as a pendant to a necklace made out of pearls, rubies and diamonds designed by Cartier.

The Taj Mahal diamond is another striking piece from this legendary collection. A yellow heart shaped diamond that was another present from Richard Burton for Taylor’s 40th Birthday in 1972. Burton had joked that he ‘would have liked to buy her the Taj-Mahal, but it would cost too much to transport’. The diamond has ‘Love Is Everlasting’ in Parsee inscribed to the back,and Taylor had the original silk chain replaced with a diamond and ruby rope!

Another gift from Burton was the Grand Duchess of Russia suite, a collection of emeralds and diamonds comprising a brooch (which was an engagement present from Burton), along with earrings, a necklace and bracelet. Designed by Bulgari in Rome, Taylor famously wore it to her 1964 wedding to Burton at MontrĂ©al’s the Ritz-Carlton hotel. But probably the most talked about from this entire collection of jewels is the famous Taylor-Burton diamond, which also has quite an interesting tale of its own. The 69 carat Taylor-Burton diamond was bought rough by Harry Winston. It was carved into a pear shape and discovered to be internally flawless. It was then put up for sale in 1969 on the understanding that it could be named by the purchaser. The stone was however bought by Cartier (who paid $1.05million), but after some negotiations it was sold to Burton under the understanding that it could be displayed in Cartier’s stores. After Taylor and Burton divorced for the second time, she sold the diamond at auction for $5million, with the proceeds going towards the building of a hospital in Botswana.

In this precious collection are some notable pieces like the 29 carat diamond ring she received from Mike Todd, and which was also a regular feature on her hand. Todd, also bought her an antique diamond tiara which she wore frequently during their marriage.

Many of Taylor’s prized sets were purchased during auctions. The beautiful Duchess of Windsor brooch for example, which is a plume shaped diamond encrusted brooch that was designed by the then Prince of Wales for his future bride, Wallis Simpson. Taylor was a close friend of Mrs Simpson, and she purchased the brooch at auction after the Duchess’ death in 1986.

The magical beauty of her jewels in their intricate designs and colours, showcase aptly the very life of the diva — sparkling, extravagant and irresistible.

02 March 2011

Tales of a luxury bookseller (my recently published feature)

Picture this — Google Books, the Internet library has since 2004, collected 15 million of the estimated 130 million titles published since the 15th-century invention of the printing press; according to a 2010 Harvard University study by Jean-Baptiste Michel. And while we still scramble for our favourite titles online, there are some, who are willing to pay astronomical prices to beget what can be described as rare literary gems.

Meet Angus Rob, a senior executive from Asprey, the luxury gift shop on New Bond Street London — who explains how old celebrated books are still preferred collectibles and make amazing gifts. From the Prince of Wales, to Bill Gates, or the nouveau riche investment bankers — the value of a good book, and one who’s print is to be seldom found these days, are considered big-ticked items — often more valuable than that diamond ring, or rare China ware or expensive leather accessories. It’s a very niche market that Rob is dealing with — a meager $500 million-a-year global market that’s controlled by some 10 book brokers whose wares won’t be found on Amazon.com Inc.’s website. Yet it’s a business where a first edition of a Casino Royale fetches 21,000 pounds ($33,900), or the rare Cosmographia by Ptolemy, only two volumes of which are known to exist, will not sell for anything less than 4 million maybe.

And while Asprey introduced books as way to fight the recession hit period during the World Wars, books sold even then, as they are now, as luxury goods. A value of a book, is after all invaluable; and the customers who are willing to pay a hefty price are as cherished. These are people who negotiate with Rob, over the phone or through intermediaries — they’re either seeking something special for themselves or a rare printed treat to offer a client.

In Rob’s art-house library you’ll find anything from Jane Austen, Charles Darwin, Beatrix Potter, Dickens, William Shakespeare and Winston Churchill; and all original volumes! There are rare comic capers such as a sketchbook of 135 drawings titled ‘Caricatures of Lloyds of London’; and social commentaries like Huckleberry Finn that gave us a glimpse of black life, culture and politics. Or maybe a precious collection on Russian ballet dancing — books that through their prints and pictures give us a wealth of information of the times, the cultures, traditions and the people. It’s not for nothing therefore that the book which launched Clark Kent’s career, and published in June 1938 for 10 U.S. cents, sold for $317,000 in 2009; Bill Gates shelled out $30.8 million in 1994 for Leonardo da Vinci’s 'Codex Leicester'; and U.K. art dealer Michael Tollemache last year paid $11.5 million at a Sotheby’s London auction for an original four-volume edition of John James Audubon’s 'Birds of America'!

It’s a very robust market out there, and one that has been marginally hit by the recent recession — yet for Rob who is willing to go the extra mile, literally so, to collect the rare gems in his library of books, these are treasures meant to be cherished forever!