Miley Cyrus’ Engagement Ring – How Much It’s Worth & More Details! – Perez Hilton
Miley Cyrus’ new ring is a thing of beauty!
The Flowers singer debuted a noticeable new gem on a certain finger at the Avatar: Fire and Ash premiere on Monday… an engagement ring given to her by now-fiancé Maxx Morando! In pics from the star-studded event, she and the music producer posed on the red carpet with BEAMING expressions as Miley showed off her new bling. Ch-ch-check it out!
So, exactly how much did the thing set Maxx back? Experts are weighing in!
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On Tuesday, Francesca Simons of Francesca Simons Consulting, a rep for high-end jeweler Jacquie Aiche, described the “bespoke” ring to People, making note of its chunky 14-karat yellow gold band and cushion cut diamond set horizontally.
So elegantly unique!
As for cost, Daniela Tarantino, VP of Blue Nile diamond jewelers, estimated the sparkler to be worth up to $450,000! She said:
“This engagement ring is a chunky gold east-west bezel set ring — a modern and chic trend we are seeing in the bridal industry.”
She added:
“We believe the ring is roughly a 4-5 carat modified cushion that costs around $300,000 to $450,000.”
Okayyyy, Maxx!
However, Reyne Hirsch, a brand ambassador for Worthy and a former Antiques Roadshow appraiser, pegged the retail value a bit lower somewhere in the $150,000 to $250,000 range. She told the outlet:
“The ring is a stunning with a very modern and minimalist look to it. It’s a 4-5 carat, bezel-set, cushion-cut diamond that is set east-to-west. Depending on the color and clarity of the stone, I would suggest a retail value of $150,000-$250,000.”
Plum Diamonds jewelry expert Kristy Cullinane noted the piece’s value really depends on whether the diamond is lab-grown or mined:
“The diamond appears to be approximately 4 to 5 carats, and the estimated value of the ring would be $200,000+ for a mined diamond or $15,000 for a lab-grown diamond.”
Whatever the final price may be aside, Miley and Maxx look absolutely RADIANT and SO incredibly happy! And like her latest album, the sparkly ring is truly Something Beautiful.
Thoughts, Perezcious readers??
[Images via MEGA/WENN]
