Embee Diamond, diamond recut, re-cut, repair, re-polish, restoration, fix my diamond, AGS Laboratories, American Gem Society, Canadian Diamond, Master Diamond Cutter, Esperanza, Triolette, Mike Botha, Michiel Botha, Prince Albert, Saskatchewan, United States of America, Canada, North America, USA, Ideal, Triple Zero Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming diamonds, diamond cutting, engagement rings, engagement diamonds, diamond, diamond buying, diamond lapidary, diamond repairs, diamond facets , GIA, AGS, AGS Laboratories, Diamond Bourse of Canada, Responsible Jewellery Council, Jewelers of America, American Gem Society, AGS Guild, Canadian Diamond, diamond re-cut, diamond re-polish, cut grade, triple zero, ideal cut, Sirius Star Diamond, American Star, Product of Canada, Made in Canada
The Taylor-Burton Diamond

Sep 20th, 2012

The Taylor-Burton Diamond

The Taylor-Burton DiamondThe Taylor-Burton Diamond is a diamond made famous when purchased by actor Richard Burton for his wife Dame Elizabeth Taylor in 1969, receiving worldwide publicity for its size and value.

The original rough diamond was found in 1966 in the Premier Mine in South Africa, weighing 241 carats. It was cut by the legendary Harry Winston to 69.42 carats pear shape.

The diamond was originally owned by Harriet Annenberg Ames. It was subsequently purchased at auction by Robert Kenmore, owner of the luxury brand Cartier, for a then record $1,050,000. It is regarded as the world’s first million-dollar diamond—although other stones may have previously changed hands privately for seven figures or more, this was the first one to do so at a public auction.

The sale of the diamond carried with it naming rights, and it was named “The Cartier Diamond”. Cartier placed the diamond into a diamond necklace. Richard Burton, whose auction agent had dropped out of the bidding when the price broached the $1 million threshold, subsequently purchased the diamond for his wife, Elizabeth Taylor, soon after the auction. Cartier parted with the diamond for a small premium (Burton is believed to have paid $1.1 million for the diamond) due to the great publicity that the sale generated, Burton and Taylor then being top movie stars and arguably the most famous couple in the world.Taylor who wore it publicly on a necklace for the first time at Princess Grace of Monaco’s 40th birthday celebration held in Monaco. At this time, it was known as the “Cartier-Burton Diamond”, and it was featured on the Here’s Lucy episode “Lucy Meets the Burtons”. The episode, which co-starred Taylor and Burton along with series headliner Lucille Ball, was aired on September 14, 1970 and inaugurated the third season of Here’s Lucy.

Burton had earlier had bought Taylor the 33-carat Krupp Diamond in 1968. It cost $305,000. After their divorce, Taylor auctioned the diamond in 1978 for $5,000,000, which was used to build a hospital in Botswana.

It was bought by Henry Lambert, a New York-based jeweler.

Its current owner is Robert Mouawad, who had the diamond re-cut to 68.0 carat.

Sources:
Wikipedia
Famous Diamonds

Add a comment

Your email address will not be shared or published. Required fields are marked *

You must be logged in to post a comment.

Please wait...

Stay connected!

Subscribe to the Embee Diamonds Updates, Promotions and Newsletter Service
%d bloggers like this: