An $11,800,000 Dog Treat?

(CULTURE) How much do you pay for dog treats? The recent auctioning of jewelry from The Collection of Elizabeth Taylor fetched more than $156 million in final bidding. Among these items was the late actress’s famous La Peregrina necklace which sold for $11.8 million. So what does the iconic actress’s jewelry have to do with dog snacks? Well, back in 1969 La Peregrina almost came to glitter in a dog’s belly rather than around Ms. Taylor’s neck. Read on for the full story on how a nearly $12 million piece of jewelry almost became a dog treat. — Global Animal
An auction of Elizabeth Taylor’s  jewelry saw bidding exceed $156 million. Photo Credit: Terry O’Neill / Getty Images

(DOG)SPIRED, Amanda Stark

Elizabeth Taylor’s dog almost ate her world-famous La Peregrina pearl, which sold at auction this past week for a record 11.8 million dollars, just moments after she got it as a Valentine’s gift from husband Richard Burton.

“Twenty minutes after she put it on, she lost it,” the New York Post quoted Ward Landrigan, the former head of Sotheby’s jewelry division who sold the 55.95-carat pearl to Burton for 37,000 dollars in 1969.

After Burton bought the bauble for Taylor, Landrigan traveled from New York to Las Vegas, where he was picked up in a white Rolls Royce at the airport to deliver the precious cargo to the glamorous couple at a Caesars Palace suite “the size of three tennis courts.”

“They asked what I wanted to drink,” recalled Landrigan, who’d sold Burton the 33.19-carat Krupp diamond a year earlier.

“I asked what they were having, and they said salty dogs, which is vodka and clam juice,” he stated.

Landrigan presented the pearl and was chatting with Burton while Taylor left to try it on. She “came back running, showing her cleavage and saying, ‘Ward! I’ve lost the pearl!’

“The room had pink shag carpeting, and I was crawling past a settee when I saw one of [Taylor’s] two Lhasa Apsos, and I heard the crunch. I said, ‘Liz, I know where the pearl is,’ ” Landrigan revealed.

The pampered pooch apparently wanted the treasure for a quick snack.

Landrigan, who owns the fine jewelry company, Verdura, says Liz grabbed the dog and put her hand into its mouth.

“She got the dog to spit it out. I was afraid it cracked because pearls do,” he told us, adding that it suffered only a couple of scratches.

Taylor then had Cartier make a diamond-and-ruby necklace for the pearl.

The full piece was auctioned this past week at Christie’s and sold to an anonymous buyer.

La Peregrina, what almost became the world’s most expensive dog treat, was auctioned for almost $12 million.