Quote Originally Posted by mj_frenzy View Post
That is exclusive information (in Bogle's book) which does not necessarily have to be further corroborated.

Besides, MJ could not afford at that time to buy such expensive gifts, especially considering the fact that he was practically in debt, not even being able to pay by himself the recording expenses of the ‘Invincible’ album.

Also, Liz Taylor did not know that this necklace was on loan, because she would never have accepted to wear a borrowed piece of jewelry in a public event.
According to the Instyle story that Ali Cat posted above, it has the backstory of the ruby and diamond necklace. It also appears she was not above borrowing jewelry for a public event, as she borrowed that "daisy" necklace just to match her Valentino dress-but bought it later.