![]() ![]() “That photo of Nicole with then husband Tom Cruise was one the most iconic Oscars photos ever taken. He remembers the moment that changed what it meant to take risks on the red carpet. Martin Katz, whose jewelry showcases some of the world’s most exceptional stones, was working with vintage jewelry a lot at that time. ![]() "Ask anyone for the best jewelry red carpet moments in Oscar history and Nicole Kidman wearing chartreuse Galliano and Indian Moghul jewelry in 1997 will top the list. After her second divorce from Burton, Taylor sold their named diamond for a rumored $3-5 million."- Stellene Volandes, Town & Country's Editor-in-Chief She presented the Best Picture Award to Midnight Cowboy. This Burton Taylor diamond did just that at the Oscars, paired with a dress designed for her by Edith Head. For one it was a bit too heavy, and she also wanted to create a necklace that would hide her tracheotomy scar, the result of an almost fatal bout with pneumonia. Soon after Taylor refashioned the diamond ring into a necklace. There were lines around the block outside Cartier’s New York and Chicago stores. But first it went on an exhibit for the public to witness its splendor, a condition of the sale. ![]() He seduced it out of their hands and onto Liz Taylors neck for $1.1 million. The Taylor Burton diamond became that after a 24 hour battle between Burton and Cartier who had beat him for it at an auction when they paid a record price of $1 million. "'I was going to get that diamond if it cost me my life or 2 million dollars whichever was the greater,'Richard Burton said of the 68 carat rock Elizabeth Taylor wore to the 1970 Academy Awards. ![]()
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