Lambert has been called "one of the first collectors and patrons of contemporary photography". In a November 2004, she sold her entire collection of about 300 photographs mostly from the 1980s, entitled ''Veronica's Revenge
, at Phillips de Pury in Chelsea, New York for a total of $9.2 million. Her original intention was for the collection to hang in the new headquarters of Bank Brussels Lambert in Geneva, but the directors found the works "simply too shocking". New records were set for works by Barbara Kruger, Charles Ray, Cindy Sherman, Mike Kelley, Richard Prince, and Louise Lawler. Lambert and many of the objects in the auction appear in episode two of The Extraordinary Collector'', presented by
Gordon Watson. ==Personal life==