Jennifer Lopez's $1 Million Engagement Ring: All the Details
She said, "Yes!" and it was it was with quite a sparkler!
News broke Saturday about Jennifer Lopez and Alex Rodriguez's engagement when the pair individually posted a photo of the singer's hand showcasing the extravagant engagement ring while we see a romantic bonfire in the background.
Well, E! News spoke to several diamond appraisers, all which gave details about ARod's ring for his future wife.
Andrew Brown, President of WP Diamonds said to E! News, that he estimates that the "Anillo" singer's ring has a hefty price tag. "I would imagine Jennifer Lopez's engagement ring to have a retail value approaching a million dollars," he told E! News in a statement. "It looks to be an emerald cut around 10 carats, likely an extremely good stone—VS in color and clarity.
Jewelry and style expert Lauren McCawley offered up a similar number to E! News stating, "J. Lo's new emerald-cut stunner is what engagement ring dreams are made of," McCawley explained to us. "An approximate 15-carat diamond sparkles in a platinum solitaire setting and could easily retail for $1 Million."
Beyoncé, Amal Clooney, Elizabeth Taylor and Angelina Jolie all have emerald-cut wedding rings like J.Lo's so she's in a great club.
A third ring expert told E! News that her ring could be worth even more than $1 million. Ira Weissman, founder of The Diamond Pro, explained, "This approximately 20 carat emerald cut diamond is exquisitely cut and of superb quality. When you have an extremely rare and timelessly breathtaking stone such as this one, the goal of the ring should be to show off the rock naturally with as little embellishment as possible - the perfect compliment to the ageless enduring beauty of J.Lo. The ring is worth approximately $5 million dollars."
The singer's longtime manager Benny Medina confirmed the exciting news by telling E! News, "Jennifer and Alex are engaged!"
Congrats to the happy couple!