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The Asscher Cut was first introduced in 1902 by the Asscher Brothers of Holland. This cut peaked in popularity in the 1920s and then made a comeback in 2002, exactly a hundred years after it was first introduced. The modern Asscher cut came with cut modifications that gave the shape better light performance than the traditional Asscher cut.

The Asscher cut looks like a square emerald cut, but usually with larger step‐facets, a higher crown and smaller table, thus producing more brilliance than the emerald cut. An Asscher cut with excellent symmetry will appear to have concentric squares when you look down through the table.

The classic Asscher cut in a square with a length to width ratio of 1.0, but any ratio of 1.05 or less will appear to look square.

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