AN auction of actress Elizabeth Taylor’s world-renowned jewels took in $116 million (€89.4m), more than double the record for a single collection and setting new marks for pearls, colourless diamonds and Indian jewels.

Four of five oil paintings by Gustav Klimt that were the focus of a restitution battle between the Austrian government and the artworks’ Jewish heirs will be heading to Christie's for sale this autumn, the auction house said.