October 16, 2013 10:15 AM by Suzy Kerr
Well that was fast. E! is reporting that Kris Humprhries has sold the massive diamond ring he gave Keeping Up With the Kardashians star Kim Kardashian when they got engaged back in May 2011. It was only confirmed last week that Kris would be auctioning off the 16-carat sparkler, and after a small bidding war, the ring quickly sold for a whopping $749,000. Too bad the divorce between the reality star and the NBA player didn’t get resolved quite as fast.
The Lorraine Schwartz ring features a rectangular cut center diamond that weighs in at 16.21 carats, with 1.80 carats of even more diamonds on either side, all mounted on a platinum band. Even though Humphries paid $2 million for the ring (which is insane, is it not?), the custom ring was valued between $300,000 and half a mil. So Kris didn’t get his $2 million back, but $749,000 is still quite a lot over the actual value.
So how did Kris end up with Kim’s ring anyway? Well, according to his rep, “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.” Kris also says he plans on donating a portion of the proceeds to charity, though he hasn’t decided which one yet.
Does this mean we can all finally put the Kim Kardashian and Kris Humphries relationship debacle behind us? For a marriage that only lasted 72 days, the story sure has taken its sweet time to wind down.
What do you think? Now that the divorce has been (finally) finalized and the ring is gone, is this the last we’ll hear about Kris Humphries? Tell us in the comments!
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Topics: E! Reality TV Shows, Keeping Up With The Kardashians, Kim Kardashian, Kourtney And Kim Take New York |
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