Prospective buyers were charged a fee of $2,500 just to inspect the diamond. Thus two years after she purchased the stone, she sent it to Park-Bernet Galleries in New York to be auctioned on her behalf.Sadly the relationship between Burton and Liz was short lived, and lasted only for about 10 years. She wore it as a pendant at a charity ball, in Monaco, honoring Princess Grace’s 40th birthday. At $650,000 only two bidders remained in the fray. At $500,000 the individual bids increased in $10,000 steps. The bidding began with the initial figure of $200,000 announced by the auctioneer. "Over the years, Mouawad has acquired a collection of diamonds that is arguably one of the world's finest in private hands. Lambert sold the Taylor—Burton Diamond in December 1979 to Robert Mouawad, of the jewellers. The Taylor-Burton is presently the 10th largest diamond in the rare and magnificent collection of diamonds belonging to the Mouawad familyThus colorless diamonds can be either absolutely colorless in the absence of Nitrogen impurities or the can be colorless with Nitrogen atoms present as aggregates of even numbers such as 2 or 4 atoms. Simon Teakle rates Taylor's collection of jewels as extremely important and containing pieces, that could stand on an equal footing, with any other collection in the world. This was the first piece of jewelry used by By Burton to propose to Taylor.Almost 98 % of all natural diamonds contain trace amounts of Nitrogen (less than 0.1 %) as impurity, which imparts a yellow color to the diamonds. DIAMONDS DIAMOND GALLERY MOUAWAD MONDERA. The faceting and polishing of each of the pieces then began in earnest, and the 162-carat rough was eventually transformed into the 69.68-carat, pear-shaped, flawless, and colorless diamond.As a devoted husband, who was passionately in love with his wife, Burton lavished extraordinary jewelry on Liz, throughout their relationship. Burton's attachment to his wife was so intense that at one time he said, "I cannot see life without Elizabeth. This had formerly been part of the estate of Vera Krupp, second wife of the steel magnate, Alfred Krupp. The Taj Mahal that Emperor Shah Jahaan built after Mumtaz Mahal built died in 1631, immortalized their great relationship. Several international names were mentioned, including that of Elizabeth Taylor and her husband Richard Burton. Therefore she decided to keep the diamond in a vault, and finally made up her mind to dispose of it, as it seemed foolish to keep it, if she could not use it freely. Apparently, it worked. ... Robert Mouawad carried the family’s legacy with an extraordinary affinity for magnificent jewels and intricate watches. such diamonds are rare consisting of only 1-2 %of all natural diamonds. Saudi Arabia cut diplomatic ties with Thailand—and their relationship remains strained to this day. When the bidding reached $1,000,000 Al Yugler dropped out and the auctioneer brought down the hammer in favor of Robert Kenmore, for the record price of $1,050,000. Weight: 60.19 carats. After he had cleaved the stone, the 50-year-old cleaver said nothing--he reached across the workbench for the piece of diamond that had been separated and looked at it through horn-rimmed glasses for a fraction of a second before exclaiming "Beautiful! In June of 1979 Henry Lambert, the New York jeweler, stated that he had bought the Taylor-Burton Diamond for $5,000,000. When people no longer want to se Liz nd I on the screen ,then we can sell off a few baubles."Simon Teakle, the head of Christie's jewelry department in New York, says , that due to her strong personal attachment to the Krupp diamond, it was an extremely difficult task, persuading Taylor to include the diamond among the exhibits. It is well known that she wears the diamond set in a ring, constantly in her hand, and it was with the utmost difficulty, that they eventually persuaded her to remove the ring out of her hands for a few weeks.In 1978, Elizabeth Taylor sold the Taylor-Burton diamond, and donated the proceeds to help build a hospital in Botswana, South Africa.