The Taylor–Burton Diamond, a stunning 68-carat (13.6 g) pear-shaped gemstone, became one of the most famous diamonds in history when it was purchased in 1969 by legendary Hollywood couple Richard Burton and Elizabeth Taylor. The diamond, known for its remarkable clarity and brilliance, was originally mined in South Africa and quickly rose to prominence as one of the most coveted jewels of its time.
A Record-Breaking Auction
In 1969, the diamond was put up for auction by the renowned jeweler Harry Winston. The highly anticipated sale attracted the attention of collectors, celebrities, and jewelers from around the world. Ultimately, the diamond was acquired by the esteemed French jewelry house Cartier for a staggering $1,050,000. At the time, this set a record for the highest price ever paid for a publicly sold jewel.
Richard Burton, deeply enamored with the diamond and determined to acquire it for his wife Elizabeth Taylor, had initially participated in the auction. However, he was outbid by Cartier, making him the underbidder in what was a fiercely competitive sale. Undeterred, Burton quickly negotiated with Cartier and managed to purchase the diamond shortly after the auction. The acquisition only added to the gem’s prestige, as it became known as the Taylor–Burton Diamond, named after the Hollywood power couple.
A Symbol of Glamour and Extravagance
Elizabeth Taylor, already famous for her exquisite jewelry collection, often wore the diamond as a pendant on a necklace. The gem made its first public appearance at a fundraising event in Monaco, where Taylor dazzled the audience by showcasing the breathtaking diamond. The Taylor–Burton Diamond became synonymous with luxury and glamour, perfectly complementing the couple’s larger-than-life personas.
Burton, known for his lavish gifts to Taylor, once remarked about the diamond, saying, “I would have been heartbroken if it had gone to anyone else but Elizabeth.” Their passionate love story, often marked by grand romantic gestures and legendary Hollywood drama, further cemented the diamond’s place in popular culture.
Changing Hands and Legacy
Following Elizabeth Taylor and Richard Burton’s tumultuous relationship, which included two marriages and two divorces, Taylor decided to part with the diamond in 1978. She sold the iconic jewel to Henry Lambert, a jeweler from New York, for an undisclosed sum. The proceeds from the sale were reportedly used to fund the construction of a hospital in Botswana, reflecting Taylor’s philanthropic nature.
Over the years, the Taylor–Burton Diamond has changed hands multiple times, but its legacy remains unmatched. It continues to be regarded as one of the most famous diamonds in the world, not only for its remarkable quality but also for its association with one of Hollywood’s most iconic couples.
An Enduring Symbol
Decades after its acquisition, the Taylor–Burton Diamond remains an enduring symbol of opulence, romance, and Hollywood history. It serves as a testament to Elizabeth Taylor’s legendary love for fine jewelry and Richard Burton’s devotion to her. The diamond’s story continues to captivate gem enthusiasts and movie fans alike, ensuring its place as one of the most celebrated jewels in history.
Even today, the fascination with the Taylor–Burton Diamond endures, reminding the world of the glamour and grandeur that defined Hollywood’s golden era.
