One of her most memorable jewels is the Krupp diamond, now known as the "Elizabeth Taylor Diamond," which Richard Burton bought for her in 1968 for $305,000. At that time, this was the highest price ever paid for a diamond at auction. An Ascher cut diamond, weighing 33.19 carats of D, VS1 magnificence, today the diamond is valued at between $2,500,000 - $3,000,000.
Previously owned by Vera Krupp von Bohlen und Halback, wife of the German industrialist, Alfried Krupp, etc., etc., the diamond was auctioned after Vera's death. There is a somewhat creepy background to the stone as Alfried was a key supplier of weapons and material to the Nazis during World War II. Krupp's insistence on using slave labor taken directly from the concentration camps, even when free German labor was offered from the government, resulted in his trial and ultimate three year imprisonment after the war.
The Elizabeth Taylor Diamond, 33.19 carats, D Color, potentially Internally Flawless.
Gift from Richard Burton, May 16, 1968.
Eat your heart out Kim Kardashian.