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Correction: Elizabeth Taylor Auction story

Mon Dec 12, 2011 4:32 PM EST
us-news, business, us, new-york, associated-press, auction, taylor, andy-warhol, elizabeth-taylor, richard-burton
Associated Press
Head of Jewelry for America at Christie's, Rahul Kadakia, says this was a very unusual auction in that bidding often jumped quickly to enormous amounts of money.
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showing 1 of 2 photos
<p>ADDS DATE OF SALE -  FILE - This , Sept. 1, 2011, file photo shows"The Elizabeth Taylor Diamond," a 33.19 carat a gift to the actress from Richard Burton at Christie's, in New York. The 33.19-carat diamond ring given to Elizabeth Taylor by actor Richard Burton sold for over $8.8 million at auction in New York Tuesday Dec. 13, 2011.  (AP Photo/Richard Drew, File)</p>

ADDS DATE OF SALE - FILE - This , Sept. 1, 2011, file photo shows"The Elizabeth Taylor Diamond," a 33.19 carat a gift to the actress from Richard Burton at Christie's, in New York. The 33.19-carat diamond ring given to Elizabeth Taylor by actor Richard Burton sold for over $8.8 million at auction in New York Tuesday Dec. 13, 2011. (AP Photo/Richard Drew, File)

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NEW YORK — In a story Dec. 14 about an auction of jewelry owned by Elizabeth Taylor, The Associated Press erroneously reported how Taylor obtained the pearl, diamond and ruby necklace known as "La Peregrina." Richard Burton bought the pearl known as "La Peregrina" for Taylor in 1969; the necklace containing the pearl was made later and also became known as "La Peregrina."

© 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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