
Auctions are designed to lure wealthy folks and collectors to bid higher-than-estimated value for rare collectible items. Competitive bidding escalates the value to astronomical numbers. In bargain, bidding winners can boast of possessing the rarest and/or most expensive objects existing on this planet. Throughout 2011, Luxurylaunches has kept up with the record-breaking auctions worldwide. Vehicles, gems, artworks, spirits, watches, celebrity-owned stuff and much more have set the records which will eventually be broken in the years to come. Before 2012 breaks a few of them, we’ve listed eleven of the most jaw-dropping auctions of 2011.

Elizabeth Taylor's collection sets a world record
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Christian Louboutin designs a stiletto-shaped cocktail bar

Michael Jackson’s Thriller jacket

Marilyn Monroe’s famed Subway grate dress
If you have an urge to splash your money and break a few records, then head to auctions in the New Year. We will be on a lookout............
by deepa, on December 28, 2011 - 7:58 AM in Auctions | Comments () -