The 72-year-old screen legend Elizabeth Taylor is cooperating with Jack and Monty Abramov of Mirabelle Luxury Concepts of Los Angeles to create her new jewellery line, called House of Taylor Jewellery. The Oscar-winning actress was always known for her love of beauty and unique jewellery and owns her private collection of exotic rocks.

Taylor is said to design the exclusive rocks of the line herself and consult on making all the other jewellery. The price will vary from $3,000 to $1,000,000. The new House of Taylor Jewellery will first be seen in JCK Las Vegas Show, and then at the JA New York Summer Show.

"I knew that I wanted to share my passion for jewelry with others so that they could truly enjoy the thrills and pure happiness that jewelry has brought to my life. Something wonderful is about to happen," Taylor was quoted by ANI as saying.

The silver screen star published a book entitled “My Love Affair with Jewellery”, making a tour through one of the world’s best private collections, including masterpieces  by Van Cleef & Arpels,Cartier, Bulgari, Ruser and Schlumberger. Taylor also has her fragrance line called White Diamonds.

The Cleopatra star Elizabeth, who has recently survived a longterm battle with illness, is in good shape. According to Contactmusic.com the owner of Taj Mahal Diamond is going to a photo shoot next week. The actress’ representative claims: ‘She might travel for her birthday, on the 17th. Quite lively for a corpse, don't you think?"