This cut is referred to as a "Teardrop Cabochon"
Laguna Lace Agate gets its name from a hybrid of Crazy Lace Agate and Laguna Agate. This stone is an amazingly complex and beautiful, large, "Teardrop Cabochon" cut gem with unique banding patterns and colors ranging from a strong red hue to lilac and purple shades, plus swirling golden, silver and cream colored areas.