The original rough diamond was found in 1966 in the Premier Mine in South Africa, weighing 241 carats (48.2 g). Harry Winston cut it into the shape of pear weighing 69.42 carats (13.884 g).
At the time of sale in 1969, the diamond was set in a platinum ring with two smaller diamonds on either side.
After its purchase by Taylor and Burton, Taylor found the diamond too heavy to wear as a ring, and commissioned an $80,000 diamond necklace which included a custom setting for the diamond. The necklace was designed to fit Taylor’s neck allowing the diamond to cover her tracheotomy scar resulting from her bout with near fatal pneumonia in 1961.
In 1980, Robert Mouawad, subsequent owner of the Taylor Burton diamond, had it recut to 68.0 carats (13.60 g).