A few days ago, the estate of Elizabeth Taylor sold off her extensive jewelry collection. If only, if only. I would have loved any of her rings – her collection was legendary, and I do believe that the profits from the auction went to benefit Taylor’s beloved charities, like amfAR. Anyway, the auction exceeded everyone’s expectations and the total collection ended up selling for $115 million, and in the process, broke several world auction records. One of the lucky high bidders? Kim Kardashian, who must be blowing through her wedding money, right?

Kim Kardashian just dropped $65k to outbid a gang of serious jewelry nuts for 3 unbelievable jade and diamond bracelets that used to belong to Elizabeth Taylor … TMZ has learned.

Taylor’s entire collection of rare and expensive jewelry was auctioned off in NYC this week for a whopping $116 MILLION … and Kim was one of the bidders.

Sources close to KK tell TMZ … Kim idolized Taylor — especially after Kim did a magazine interview with Liz for a project shortly before her death. So when Kim saw LT’s 3 jade and diamond Lorraine Schwartz bangle bracelets on the auction block, she snatched ’em up for a cool $64,900.

We’re told Kim believes jade harnesses energy … and now that she owns the bracelets, KK feels she will share a deeper connection to the Hollywood icon.

Kim is not in possession of the jewelry yet … but she’s expected to get ’em sometime in the next few days.

[From TMZ]

In other Kardashian news, the NY papers are claiming that Kim and Kanye might be hittin’ it once again. They were rumored to be boning before she got with Kris Humphries, so maybe Kanye is Kim’s “rebound dong.” Can I just say? I don’t hate the idea of Kim and Kanye together. They make sense as a (crazy) couple.

It’s been little over a month since Kim Kardashian filed for divorce from Kris Humphries after just 72 days of marriage. But rumours of a fresh love interest for the reality star were in the air last night.

According to a report in The New York Daily News, rapper Kanye West was ‘all over Kim,’ at an after-party following the star’s Watch The Throne concert in Los Angeles.

‘Kanye was eating Kim up like she was a piece of cake,’ a source from the party told the newspaper. ‘He was all over her – caressing her head, touching her waist. I think he was dying to kiss her, but there were too many people in the room,’ the insider added.

The pair, who are long time friends, were attending billionaire Ron Burkle’s party for Kanye and rapper Jay-Z who performed tracks from their hit album at LA’s Staples Centre. Kim, sister Khloe, mother Kris Jenner and Kourtney’s boyfriend Scott Disick all attended the show, and sat in the front row of a raised V.I.P section, according to the paper. Another source says Beyonce was sat next to them, as at one point in the concert, Kanye leaned over the stage to greet the Kardashians.

The source added that Kim looked ‘really happy,’ adding that she was ‘hip-hop dancing’ during the show and swigging champagne from a bottle.

And she certainly seemed to enjoy herself, tweeting: ‘Last night was KRAY,’ this evening, referring to a lyric on one of Watch The Thone’s album tracks

However, a source told People last year that Kim and Kanye are ‘just friends.’

‘There is nothing going on romantically,’ the insider said. ‘Kanye and Kim are just friends and have been forever.’

However, Kanye’s ex-girlfriend, model Amber Rose, last month hinted that the pair may have at one time been more than friends when asked on the Wendy Williams Show if Kim and Kanye.

‘I mean, Come on, like, you know,’ she laughed. ‘Come on! We’ll keep it cute.’

[From The Mail]

Yeah, I totally believe that. That being said, Kanye probably just wants to hit it and quit it. He’s not a relationship guy, despite that “thing” that he had with Amber Rose. I think we’re supposed to call Amber his “muse” right? Kanye doesn’t want to join the Kardashian Empire of Doom – he could never. But he’ll bone Kim on the side.

Photos courtesy of Pacific Coast News, WENN and Fame.