Britain’s Channel 4 will air a feature-length, ninety-minute  documentary about the late actress Elizabeth Taylor’s relationship to diamonds and jewels. Taylor died of heart failure in 2011 at age 79 and her prized diamonds and jewels—valued at over $158 million— were recently auctioned by Christie's  in prestigious auctions in New York and London.

The movie’s working title is "Elizabeth Taylor: The Auction." The documentary —produced by Silver River and directed by Michael Waldman—was filmed in London, Paris, Rome, New York and Los Angeles, and the film features notable personalities such as Liza Minnelli, Joan Collins, fashion designer Valentino, and Mickey Rooney. In one scene, Mickey Rooney claims that Taylor’s interest in free luxury gifts was sparked by a horse she was given when she was just twelve years old, at the end of the shooting of National Velvet, by the film's producers.

The film also includes real footage of the lively and exciting bidding for Taylor’s "Crown Jewels" of Hollywood" that took place at Christie's.

"It is a genuine privilege to be given such unique access to these amazing jewels," said Sara Ramsden, a specialist factual commissioning editor at Channel 4.

Taylor was famous for saying that jewels were one of the three loves of her life, along with two of her seven husbands.

"You can't cry on a diamond's shoulder, and diamonds won't keep you warm at night, but they're sure fun when the sun shines," Taylor once said.

Actor Robert Hardy, a long-time friend of Taylor, talks about Taylor’s 33.19 carat diamond ring in the documentary.

"The first time I met the famous diamond ring I was staggered by it," says Hardy.

The film is said to offer keen insight into Liz Taylor's personality and her lifelong passion for diamonds.