When Kim Kardashian and Kris Humphries got divorced after their short-lived marriage, Humphries sold the engagement ring at an auction for $749,000. Interestingly enough, Kardashian is reportedly the one who actually bought the ring in the first place, and the disposition of the ring was included in their divorce settlement. Kim's bling not only weighs down her hand, but, reportedly, Kris' wallet. According to TMZ, Kim's engagement ring is 'worth almost half as much as her Beverly Hills mansion' and sources tell the.
| 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).
Kim Kardashian ‘s gigantic engagement ring from ex-husband Kris Humphries has been sold at an auction. Us Weekly confirmed that Kardashian’s 20-carat ring sold at a Christie’s auction on Tuesday for a whopping $620,000 to an anonymous buyer. Bidding started at $200,000.
- Even 72-day bride Kim Kardashian got a $2 million engagement ring from groom Kris Humphries Instead of the fairy-tale ceremony of most women’s dreams, Chan wound up with a wedding in her own back.
- (Kardashian, not Humphries, initially paid for the ring.) The ring’s initial reported worth was $2 million, but sold for a total of $749,000 at a Christie’s auction in New York City on Oct.
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'.
Kris Humphries Engagement Ring Cost Per
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.'
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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.
Bad publicity surrounding the Humphries-Kardashian divorce may have had an effect on the sale.
Source: The Daily Mail
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