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Princess cut diamond set in a ring. The princess cut (technical name 'square modified brilliant') is a diamond cut shape often used in engagement rings. The name dates back to the 1960s, while the princess cut as it exists was created by Betazel Ambar, Ygal Perlman, and Israel Itzkowitz in 1980.
A similar cut is the Radiant cut: It differs in having a total of 70 facets. Both it and the Barion cut exist in a large number of modified forms, with slightly different facet arrangements and combinations. The most successful mixed cut is the Princess cut, first introduced in 1960 by A. Nagy of London.
Popular fancy cuts include the baguette (French, meaning rod or loaf of bread), marquise, princess cut (square outline), heart, briolette (a form of the rose cut), and pear cuts. Newer cuts that have been introduced into the jewelry industry are the "cushion" "radiant" (similar to princess cuts, but with rounded edges instead of square edges ...
The round brilliant cut is preferred when the crystal is an octahedron, as often two stones may be cut from one such crystal. Oddly-shaped crystals such as macles are more likely to be cut in a fancy cut —that is, a cut other than the round brilliant—which the particular crystal shape lends itself to.
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This has two meanings in relation to diamonds. The first is the shape: square, oval, and so on. The second relates to the specific quality of cut within the shape, and the quality and price will vary greatly based on the cut quality. Since diamonds are one of the hardest materials, special diamond-coated surfaces are used to grind the diamond down.
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