Kim Kardashian’s Engagement Ring Auctioned
Kim 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. With the auction house’s markup, the total 
price will come to $749,000.
According to Forbes,The ring designed by Lorraine Schwartz has a 16.21-carat rectangular-cut center stone with an I color and VS1 clarity and two 1.8-carat trapezoid stones. It cost Humphries $2 million at the time of their 2011 engagement.
News of the auction first surfaced in September. Christie’s listed it as the “Property of a Gentleman” and estimated it could sell for up to $500,000. It was later revealed to be the property of the Boston Celtics player.
Humpries’ representative said,”The ring is indeed Kris’ property that he received through his marriage dissolution,He has long-since moved on and is very much looking forward to a successful auction at Christie’s on Tuesday, and of course to returning to the court this upcoming NBA season as a Boston Celtic.”
Apparently, Kardashian was happy to be rid of the ring (even though she said it was “the most beautiful thing” she had ever seen after the proposal).
“Kim has been waiting for the day he would auction it,” a source said, “Everyone always asked what Kim did with the ring — she silently gave it back over a year ago! And Kris waited until the divorce was final to sell it.”
