Are Halo Rings More Expensive?
Let’s face it. Engagement rings are freaking expensive!
Hollywood celebrities over the years have announced their engagements with exorbitant rings. Mariah Carey’s ring takes the title for the most expensive celebrity engagement ring ever. Her billionaire fiancé, James Packer gave her a 35 carat Wilfredo Rosado ring with an emerald-cut diamond. It cost almost $10million, reported the Insider. Mariah later sold the ring for $2 million.
Traditionally, an engagement ring was supposed to cost the groom his 3 months’ earnings. That was a way of showing how much he loved the woman. But today, expensive engagement rings are more of a social statement and also an investment option. Because it’s something you only buy once and you want to keep it forever.
But one shouldn’t buy a million-dollar ring just because they can. It’s important to buy a piece that your fiancé will love, and that signifies something for you both.
A 2-ct solitaire can cost you anywhere from $8,000 to $60,000 or more. This 2-ct diamond would likely cost you $9,000 to $70,000. Plus, the cost of the halo diamonds, which would not be high at the given size. So, in conclusion, a 2-ct halo ring will likely be more expensive than a 2-ct solitaire.
But it’s not a rule. There are plenty of expensive halo rings on the market. The quality and size of the diamond, the style of the band, and the design are a few factors that determine how expensive your halo ring would be.
Let’s take a look at some of the most expensive halo rings around.
Kate Middleton’s Sapphire Halo Ring
Originally created for Princess Diana, this ring now belongs to the Duchess of Cambridge. It features an oval sapphire at the center, surrounded by 14 sparkly diamonds set in white gold. One of the most iconic engagement rings, this one is estimated to weigh 12 carats and is now worth approximately $500,000.
Katy Perry’s Flower-shaped Engagement Ring
This ring is set in yellow gold and features a 4-ct, pink oval rock in the center. This rare gem is approximately valued between $25,000 to $50,000, reported The Knot. The eight surrounding white diamonds and the gold setting elevate the cost anywhere from $500,000 to $2 million.
Lea Michele’s Radiant Stunner
Actress Lea Michele’s dazzling 4-carat diamond engagement ring includes a large rectangular, radiant-cut center stone, diamond halo and pavé shank. It costs anywhere from $100,000 to $150,000.
Reference: The Knot