Thursday, April 21, 2011

Simon Says…

The late Elizabeth Taylor wearing the Taylor-Burton diamond.
If, as Marilyn Monroe sang, “Diamonds are a girl’s best friend,” then the incomparable Elizabeth Taylor, whom we lost recently, had a lot of VERY good friends. Taylor’s gifts of jewels from her two-time husband Richard Burton put her on the all-time list of diamond collectors. Starting with Burton’s first jewelry purchase for Taylor, the 33.19-carat Krupp Diamond, in 1968, the superstar couple’s names were on the list of important diamond auctions. (By the way, Taylor wore this magnificent stone in a ring almost daily, until her death.)


For her 40th birthday in 1972, Burton gave Taylor a heart-shaped diamond known as the Taj-Mahal, a large flat stone with an Arabic inscription on either side, set with rubies and diamonds in a yellow gold rope-pattern necklace. “This diamond has so many carats, its almost a turnip," Burton said about it at the time. But by the far the best known of his purchases was the 69.42-carat pear-shaped stone later to be called the Taylor-Burton Diamond. It was cut from a rough stone weighing 240.80 carats found in the Premier Mine in 1966, and subsequently bought by famed jeweler Harry Winston. You can read a fascinating account of how the stone came into Taylor’s possession, and what happened to it after that, here: http://famousdiamonds.tripod.com/taylor-burtondiamond.html


Hollywood icons like Monroe and Taylor helped give diamonds the meaning and significance they have today. Although you may not be looking for a 60-carat stone, in today’s diamond market, it’s a good time to add more friends to your collection! Diamond prices are currently good, but like everything else, as the economy changes the diamond market will change with it. Medium diamonds are your best value. The collection diamond prices are still holding strong, but some good values can be found depending on the size you may be looking for. Come in to see our diamonds—we only carry premium to ideal collection diamonds, along with some great non-certified diamonds with our own specifications to give you the best value.


Trust Your Instincts... RGC Designed


Best regards,
Simon Mattar

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