The most famous Asscher-cut diamond of them all was worn by screen legend Elizabeth Taylor. The 33.19-carat Krupp diamond (now more commonly known as the Elizabeth Taylor diamond) was bought for the actress by Richard Burton in 1968 for $ 305,000 USD
On Elizabeth Taylor’s passing, the Krupp Diamond was put up for auction by Christie’s. It sold for an astonishing sum of $8,818,500 to its new owners, South Korea conglomerate The E-Land Group, which owns retail malls, theme parks, restaurants, and other businesses.
The Asscher cut is named after its creator Joseph Asscher who developed it at the start the Art Deco movement in the early 20th century. As owner of the Amsterdam-based Asscher Diamond Company, Joseph was also commissioned by King Edward VII to cut the enormous 3,106-carat Cullinan diamond for the Crown Jewels. The company was later granted a royal title by the Queen of Holland and is today known as The Royal Asscher Diamond Company. —-The Jewellery Editor
THIS IS HOW DIAMONDS ARE MADE.
CLEAVING A DIAMOND
Since diamonds are made of the hardest material in the world, only a diamond can be used to mechanically cut another diamond. Lasers are another alternative but their uses are largely limited to the cleaving and bruting purposes.