The Value of Kate Middleton’s Engagement Ring Increases Tenfold
Kate Middleton’s engagement ring, easily one of the most famous engagement rings in the world, is now worth half a million dollars! “Like a fine wine, some engagement rings simply get better with age,” E! Online reports. “Such is the case for Kate Middleton’s bling as her engagement ring from Prince William has seen a tenfold increase from what it was valued in 1981—the year it was bought by Prince Charles to give to then-fiancée Princess Diana.”
The world-famous ring consists of a 12-carat sapphire elegantly framed by 14 diamonds. When Princess Diana wore it, it was worth approximately $47,000. Now it is worth $500,000. “The sparkler heads a list of the world’s top 20 most famous engagement rings, showing how much each one has appreciated since purchase. The Duchess of Cambridge’s ring, 14 diamonds around a 12-carat sapphire, is worth three times more than the Queen’s, which is runner-up on the list,” Express writes.
The Queen of England’s engagement ring takes the second spot, and first lady Michelle Obama’s engagement ring ranked third. Although royalty and political figures top the list, some celebrities appear among the ranks as well. Beyonce’s ring, worth millions, comes in at number 11.
“Celebrity engagement rings certainly influence what our clients look for and ask about. With Pinterest, celebrity rings get even more exposure and make their way onto our clients’ boards of ‘dream rings,'” says Jonathan Mervis of Mervis Diamond Importers. “The best example of that right now is oval shaped diamonds. Most couples never considered oval shaped diamond engagement rings, until a few celebrities started wearing them and pictures floated around the internet.”