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The company was re-organized in the 1950s, and eventually became one of the largest companies in West Germany, manufacturing steel, heavy machinery, transportation equipment, automotive parts and assembly and industrial plants.The FBI was informed and were quickly on the trail of the thieves, having made the assumption that the diamond would be carried across state lines, before an attempt was made to dispose of it. The couple divorced in 1974, but reconciled an year later and re-married in 1975. After world war II, at the Nuremburg trial, Alfried Krupp von Bohlen und Halbach, the chairman of the company was convicted of war crimes, specifically for the employment of slave labor.

Selected highlights from the collection were to be taken on a three-month global tour, prior to the sale, starting with a public exhibition on Moscow's Red Square on September 15, followed by exhibitions in London, Los Angeles, Dubai, Geneva, Paris and Hong Kong.

However, going by the credentials of the diamond, its top color, perfect cut, excellent clarity, and above all the historic provenance of the diamond, especially its ownership by the legendary actress, and the special attachment she developed towards the diamond, it is expected that the price realized for this iconic piece would be at least twice the upper pre-sale estimate or three times the lower estimate.
Agents of the FBI based in all field offices were also on the alert to see whether the large diamond would end up somewhere for sale.A studio publicity portrait of Elizabeth TaylorThe first item of jewelry she lavished on her was a Bulgari pendant with an 18.61-carat emerald, surrounded by diamonds, and set in platinum, which could also be detached and worn as a brooch. In her book "Elizabeth Taylor-My Love Affair with Jewelry", Taylor says, "the Krupp diamond was owned by Vera Krupp of the famous German munitions family, which helped knock off millions of Jews. The scandal sent shock waves around the world and did not go down well with their fans. After the trial, Mrs. Vera Krupp was able to rebuild her original ring using the 33.19-carat diamond as the centerpiece on a four-pronged setting, and the two baguette-cut diamonds set on the shoulders of the ring on either side. Established in 1811 by Friedrich Krupp, the company was the first to introduce the Bessemer and the Open-Hearth steel making processes on the European Continent. The Krupp diamond gets its name from actress Vera Kruppvon Bohlen und Halbach,the original owner of the diamond, and second wife of Alfried Krupp von Bohlen und Halbach , who belonged to the famous Krupp family, owners of Krupp AG, the industrial giant of Germany, that was one of the world's principal steel makers and arms manufacturers until the end of World War II. An agent based in the city, was alerted by a criminal informant that a local grocer had been looking for prospective customers to sell a big diamond. However, it is well known that Vera Krupp acquired the celebrated diamond ring from Harry Winston Jewelers, probably after relocating to the 520-acre "Spring Mountain Ranch" in Las Vegas in 1957, which she purchased from radio personality Chester Lauck, after an expensive divorce settlement from her husband Alfried Krupp, the owner and head of the Krupp Company. 5) Krupp Diamond - From Wikipedia, the free encyclopediaThe unintentional advertising of her affluence, coupled with the isolated environment in which she lived, a sprawling 520-acre ranch about 26 miles southwest of Las Vegas, was a tempting scenario for any would-be thief to attempt a break-in without being detected. 5CT Elizabeth Taylor inspired Emerald Cut Diamond 14K White Gold finish Engagement Ring Minimalist Ring Engagement Ring Handmade items miradhajewels.

I could go on for pages about her unbelievable personal life, and career, but lets get down to business, her jewelry collection.

Firstly it was owned by the ex-wife of the proprietor of a leading industrial giant in the world, Krupp AG.
In 1978, Elizabeth Taylor sold the Taylor-Burton diamond, and donated the proceeds to help build a hospital in Botswana, Africa.

The two baguette diamonds that was part of the setting of the ring, were also recovered from a jeweler in St. Louis during the investigations.But, without any doubt the most outstanding gift that Taylor received from Burton for her 40th Birthday in 1972, was the 17th century Taj Mahal diamond which symbolizes the true love and affection shown by Burton to his wife Liz Taylor, just as much as, the same stone given as a gift by Emperor Shah Jahaan, to his beloved second wife Mumtaz Mahal in the 17th century symbolized the Emperor's true love and affection to his wife, who unfortunately died in childbirth in 1631.