CrimeApr 24, 2024
Jewelry Crime Declines Significantly, But Dollar Losses Remain High A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
EditorsJul 21, 2011
Tracking down the Taylor-Burton
The March death of screen stunner, fervent AIDS activist and jewelry collector Elizabeth Taylor turned my thoughts to one of the most astonishing stones to pass through this star’s hands--the 69.42-carat, pear-shaped Taylor-Burton diamond. Before I even started working on...
The March death of screen stunner, fervent AIDS activist and jewelry collector Elizabeth Taylor turned my thoughts to one of the most astonishing stones to pass through this star’s hands--the 69.42-carat, pear-shaped Taylor-Burton diamond.
Before I even started working on this blog, I had an idea that this diamond no longer was in Taylor’s collection and thus wouldn’t be part of the December auction of her pieces, which is bound to include some incredible items given the Oscar winner’s well-documented love affair with jewelry.
Still, I was curious what happened to this headline-making stone and, while I didn’t get a definitive answer, the research was well worth it. The who’s who of who had their hands on this diamond reads like the guest list at a very posh, and very exclusive, industry party.
According to Famous Diamonds by Ian Balfour--one of the best books I inherited when I started at National Jeweler about four years ago--the stone that eventually came to be known as the Taylor-Burton diamond emerged from the Premier Mine in 1966. The famous diamantaire Harry Winston himself had it cleaved from 240.80-carat piece of rough.
Harriet Annenberg Ames, sister of media mogul Walter Annenberg, bought it from Winston. (Annenberg seemingly spent his life surrounded by jewelry-loving women who weren’t afraid of a little self purchase. His wife, Leonore “Lee” Annenberg, bought herself a 32.01-carat D-flawless diamond ring on her 90th birthday in 2008. She died the following year at the age of 91, and Christie’s sold her stone, the “Annenberg Diamond” for an incredible $7.7 million.)
In 1967, Ames sent the pear-shaped stone to Sotheby Parke Bernet Inc. in New York for auction. Cartier paid $1.05 million for the diamond at that auction and sold it to Burton for $1.1 million four days later, Balfour notes in his book. Taylor, in turn, sold the stone 11 years later, in 1978, two years after the end of her second marriage to Burton.
In Famous Diamonds, the Taylor-Burton trail ends in 1979, with New York jeweler Henry Lambert buying the diamond for about $3 million and selling it by the end of the year, with the diamond “last reported to be in Saudi Arabia.”
Further research, though, revealed that it was Robert Mouawad who scooped up the stone in 1979, with a number of sources indicating that he had the stone re-cut to 68 carats.
Editors' Picks
Sponsored by
During his lifetime, the Lebanese diamond dealer has had his hands on many of the world’s most renowned diamonds, including the 69.68-carat pear-shaped Excelsior I, the 245.35-carat antique cushion-cut Jubilee and the Premier Rose, a 137.02-carat pear-shaped diamond.
Today, Mouawad no longer owns the Taylor-Burton, a spokesperson confirmed to National Jeweler. She said Mouawad sold the Taylor-Burton to a private collector, though the company declined to reveal when the stone was sold or give any specifics on the seller.
While I’m fairly certain this pear-shaped stunner won’t be making an appearance at the auction of Taylor’s jewelry slated for later this year, it’s likely to pop up again on the auction market at some point in time.
Famous diamonds always do.
More on Editors
The Latest
CollectionsApr 24, 2024
Pippa Small Announces ‘Venus’ CollectionInspired by the Roman goddess of love, the designer looked to the sea for her new collection.
FinancialsApr 24, 2024
Kering’s Jewelry Brands a Bright Spot in Tough Q1The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry RetailWith Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Events & AwardsApr 24, 2024
JCK Industry Fund Announces 2024 Grant RecipientsThe selected nine organizations have outlined their plans for the funds.
Weekly QuizApr 19, 2024
This Week’s QuizTest your jewelry news knowledge by answering these seven questions.
SourcingApr 24, 2024
Rio Tinto’s Q1 Production Drops Amid Pause to Honor Lost Colleagues The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
WatchesApr 24, 2024
These Are Rolex’s New Watches for 2024 The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Brought to you by
How Jewelers of America Represents Your BusinessFor over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
ColumnistsApr 23, 2024
The Smart Lab: Advanced Email Marketing Strategies for Mother’s DayEmmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
IndependentsApr 23, 2024
Hannoush Jewelers Opens New Store in New York Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
SourcingApr 23, 2024
Lucapa Sells 3 Diamonds for $10.5M in First Lulo Tender of 2024A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
GradingApr 23, 2024
GIA Has a New Book About William RuserRuser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
CollectionsApr 22, 2024
Jacquie Aiche’s New Campaign Stars Adam Levine, Behati PrinslooThe “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
SourcingApr 22, 2024
Virtual Diamond Boutique Rebrands as ‘VDB’The overhaul includes a new logo and enhanced digital marketplace.
MajorsApr 22, 2024
Signet Raises Nearly $9M for St. Jude Children’s Research HospitalThe money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
CollectionsApr 19, 2024
Piece of the Week: Retrouvaí’s Treasure NecklaceA new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
CrimeApr 19, 2024
Grand Jury to Hear Case Against Jeweler Charged in Fatal Shove Following IJO ShowLast month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
MajorsApr 19, 2024
Unique Designs Acquires China PearlThe move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
GradingApr 19, 2024
AGS Ideal Report Now Available in Printed FormFrom now through mid-May, GIA will be offering the reports at a 50 percent discount.
SourcingApr 18, 2024
Diamond Trade Remains Cautious Amid Economic UncertaintyDe Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Supplier BulletinApr 18, 2024
Discover History’s Hidden Gems at the Las Vegas Antique Jewelry & Watch ShowSponsored by the Las Vegas Antique Jewelry & Watch Show
WatchesApr 18, 2024
Watch E-tailer Collectability Hires Kelly YochThe Patek Philippe expert will serve as personal curator for the brand-focused company.
WatchesApr 18, 2024
TAG Heuer Opens Its Largest Standalone Boutique at SeaThe 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
Policies & IssuesApr 17, 2024
NDC Prevails in U.K. Case Over Lab-Grown Diamond AdvertisingNDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
Events & AwardsApr 17, 2024
And the 2024 Winner of the Shipley Award Is … John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
FinancialsApr 17, 2024
LVMH’s Q1 Jewelry Sales Fall 5%LVMH said the company performed well despite an uncertain geopolitical and economic environment.
MajorsApr 17, 2024
Stuller’s B&D Opens New HeadquartersB&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
