Kris Humphries Engagement Ring Cost
The reality star's engagement ring from ex-husband Kris Humphries sold at a Christie's auction in NYC on Tuesday, Oct. 15 for a whopping $620,000, Us Weekly can confirm. For starters, it was said that the ring was worth nearly $2 million at one point, but in 2013 when Humphries auctioned it off at a charity event, it only went for $749,000. The wildest report, however, is that it was actually Kardashian who bought the ring in the first place, not Humphries. Why he was the one who got to keep it in the end. Kim Kardashian's engagement ring from Kris Humphries cost $2 million and sold for $740,000 (CHRISTIE'S IMAGES LTD.) Francis told the Daily News it was like a 'military operation.' When Kris Humphries proposed to Kim Kardashian in 2011, he impressed her with a 20.5-carat Lorraine Schwartz ring worth about $2 million. The couple split after just 72 days of marriage and Kim returned the ring, which fetched just $620,000 when it was auctioned off at Christie’s in New York.
| The stunning 20K ring was sold for Ksh.60 million Photo:Courtesy |
Kim Kardashian's 20-carat engagement ring has sold at auction for a cool $749,000(approximately Ksh.60 million).
The enormous diamond ring, given to the reality star by ex-husband Kris Humphries, was purchased by an as-yet unknown buyer at Christie's in New York City on Tuesday.
Bidding for the 16.21 carat Lorraine Schwartz diamond began at $200,000 at the auction, entitled 'Bright and Beautiful'.
The ring, which features two 1.8 carat side diamonds, will end up costing the buyer $749,000 taking into account the auction house's mark-up.
'As the finale of the morning session, Lot 194 saw active participation in the room, on the phone banks, and from Christie's LIVE,' the auction house spokesman Gabriel Ford told Mail Online.
'This impressive diamond ring was sought out by 2 bidders in the back of the room, one online bidder and was ultimately won by a bidder on the phone.'
Kris Humphries Engagement Ring Cost Comparison
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Kris Humphries Engagement Ring Costs
It was confirmed last month that Kris was selling the ring which was originally reported to have cost $2 million.
But following the estimate of Christie's jewellery experts, it appears that he paid far less for the ring than reported at the time.
Kris Humphries Engagement Ring Cost Per
Bad publicity surrounding the Humphries-Kardashian divorce may have had an effect on the sale.
Source: The Daily Mail