IndependentsMar 26, 2025
Bailey’s Fine Jewelry Acquires Fellow NC Independent JewelerThe family-owned retailer is the new owner of Morrison Smith Jewelers in Charlotte, North Carolina.
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.
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
WatchesMar 26, 2025
Bulova Celebrates 150th Anniversary With Art Deco WatchesThe “150 Art Deco” collection features a Miss America timepiece and a pocket watch from the brand’s Archive Series.
MajorsMar 26, 2025
QVC Group Appoints New PresidentAlex Wellen, formerly CEO and president of MotorTrend Group, has taken on the role.
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They DeserveBench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.
Events & AwardsMar 26, 2025
Jewelers of America Announces New Funding Initiative The Impact Initiative is part of the nonprofit association’s new three-year strategic plan.
Weekly QuizMar 21, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsMar 25, 2025
Christie’s To Auction 35-Carat Sapphire, 13-Carat RubyThe ruby and the sapphire, which Christie’s calls a “once-in-a-generation masterpiece,” are part of the upcoming Hong Kong jewelry auction.
CrimeMar 25, 2025
Tiffany & Co. Earrings Swallowed Following Grab-and-Run Theft RecoveredThe two pairs of earrings, snatched from a Tiffany & Co. store in Orlando, Florida, are valued at a combined $769,500.
Brought to you by
Natural Diamonds Should Mean MoreNatural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.
ColumnistsMar 25, 2025
The Smart Lab: Using Short-Form Videos to Sell More JewelryThe time to start experimenting with video content is now, writes columnist Emmanuel Raheb.
CollectionsMar 24, 2025
Pomellato’s Latest ‘Nudo’ Collections Revamp its Classic DesignFrom striking high jewelry to miniature fine jewelry, the new chapter continues to highlight gemstones featuring its signature 57-facet cut.
MajorsMar 24, 2025
4 Top Executives to Depart Signet Jewelers Amid TurnaroundThe jewelry giant is reducing its senior leadership by 30 percent as part of its new turnaround strategy.
WatchesMar 24, 2025
Sotheby's Now Offers Watch Repair ServicesThe auction house's partnership with online watch servicing platform WatchCheck makes repairs convenient and accessible, it said.
FinancialsMar 21, 2025
Swarovski Says Its Lab-Grown Diamond Sales Doubled in 2024The company also noted record sales in the United States and a strong performance in its jewelry category.
SourcingMar 21, 2025
BrankoGems To Hold Conference in MontanaThe event, set for June 13-15, will feature educational presentations and guided visits to the state’s sapphire mines.
TrendsMar 21, 2025
Piece of the Week: Marrow Fine’s ‘Til Death’ RingAfter the black enamel band became a best-seller for the brand, it has now launched an enamel ring personalization program.
IndependentsMar 20, 2025
Korman Fine Jewelry’s New Store Is Double the Size The Austin, Texas, jeweler’s new 11,000-square-foot store is set to open this summer.
Events & AwardsMar 20, 2025
JCK Rocks to Feature Snoop Dogg, Jason DeruloThe rapper and singer-songwriter will perform at Tao Beach on June 8.
TechnologyMar 20, 2025
Chris Ploof, Severine Ferrari Launch YouTube Video Series“Conversations with Chris Ploof” covers tips for men buying wedding bands, behind-the-scenes footage of Ploof in his studio, and more.
Lab-GrownMar 20, 2025
Beyond Jewelry: Possibilities in the Lab-Grown Diamond SectorAs lab-grown diamond brands pop up across India, academics are researching how to grow demand outside of the jewelry industry.
MajorsMar 19, 2025
Signet Jewelers to Close Stores, Cut Staff Amid Declining SalesThe moves are part of the retailer’s new turnaround plan, “Grow Brand Love,” which also includes emphasizing brand loyalty over store banners.
CollectionsMar 19, 2025
Jessica McCormack’s New Collection Elevates Office WearThe “Rush Hour” campaign stars Zoë Kravitz in bold, wearable pieces designed to make a statement in the workplace.
WatchesMar 19, 2025
Breitling Acquires Another Watch Brand From the 1800sBreitling is reviving Gallet, which was founded in 1826 and is known for making watches used in the early days of long-distance travel.
AuctionsMar 19, 2025
10-Carat Fancy Vivid Blue Diamond Expected to Sell for $20MDubbed the “Mediterranean Blue,” this “remarkably rare” diamond will be part of Sotheby’s May jewelry auction in Geneva.
MajorsMar 19, 2025
AGS Adds New Program, Relaunches CSAThe American Gem Society now offers a Jewelry Evaluation Advisor designation as well as an updated Certified Sales Associate designation.
CollectionsMar 18, 2025
Beck Debuts New Collection as Trove’s Latest Designer-in-ResidenceRebecca Zeijdel-Paz created more than 75 new pieces for the residency, which will be on display at Trove’s store in New York through April.
ColumnistsMar 18, 2025
Peter Smith: The Importance of Culture in HiringSmith explores why a qualified candidate might still not be right for the job.
Events & AwardsMar 18, 2025
Fink’s Jewelers Is Now a Regional Emmy WinnerThe company and its marketing agency, Loudr, were recognized for the “Make You Dance” marketing campaign.
