The Elizabeth Taylor Diamond, formerly known as the Krupp Diamond, is a 33.19-carat (6.638 g) diamond that was bought by Richard Burton for his wife, Elizabeth Taylor in 1968.
The Elizabeth Taylor Diamond is an Asscher cut diamond with a fairly large culet facet. A report dated 9 May 2011 from the Gemological Institute of America states that the diamond is D colour, VS1 clarity; accompanied by a diagram indicating that the clarity may be potentially internally flawless.
The diamond was originally named after the Krupp family of German industrialists, and it was sold as part of the estate of Vera Krupp (1909–1967), second wife of Alfried Krupp. Burton bought the Krupp diamond on May 17, 1968, at an auction in New York for $307,000.
Taylor died in 2011 and the diamond was auctioned at Christie’s by her estate on 16 December 2011, having been renamed the Elizabeth Taylor Diamond. It was sold for $8,818,500.