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Elizabeth Taylor's decades-long record for the biggest and best engagement ring only recently fell to number two. The 33-carat asscher cut Krupp Diamond set in platinum was the one to beat.

The jaw-dropping $8.8 million ring was created by Elizabeth herself after Richard Burton, her 5th (and 6th) husband, bought the diamond for her at an auction. After setting it in platinum, she wore the ring every single day for the rest of her life.
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