3. The Elizabeth Taylor Diamond Ring ($8.8 million)
This huge Elizabeth Taylor Diamond ring is probably the most popular among all of her jewelry collection. It is not just about the size, but also about the carats. This diamond ring weighs 33.19 carats and 6.6 grams. And that is huge.
The diamond is an Asscher cut diamond with large culet facet. This indicates that it was cut before 1920s. And before it got to Elizabeth’s hand, this diamond was owned by German family, Krupp. Thus, it is also known as the Krupp Diamond.
Richard Burton bought the diamond back in 1968 for $307,000. And according to Christie’s, its estimated value by the time the auction took place is somewhere around $3 million. So the fact that it was sold at $8,818,500 during this special event means a huge gain of benefit.
An anonymous Asian party was responsible for the staggering purchase. Their bid made this ring to worth $265,697 per carat. And this sale also broke the world auction record for a colorless diamond per carat.
