No Love Lost: Kris Humphries To Auction Off Kim Kardashian’s Engagement Ring For About $300K

September 12, 2013  |  

In a last-ditch effort to show America he’s completely over his ex-wife, Kim Kardashian, Kris Humphries is wiping off the last residue of their failed 72-day-long marriage by auctioning off her diamond engagement ring, US Weekly reports.

The ring is going up for sale at Christie’s auction house in New York City on October 15th. The 20-carat Lorraine Schwartz engagement band is set to reel in between $300,000 and $500,000.

Humphries was not specifically named as the seller, but according to a source in US Weekly, “The ring in question is identical to the one Kardashian wore during her brief engagement and marriage to the athlete.”

The magazine also has details about the ring. “A rep for Christie’s confirmed to the site that the bauble up for auction is a Lorraine Schwartz creation with a 16.21-carat center diamond and two 1.80-carat side diamonds — the exact dimensions of Kardashian’s ring. The auction house could not disclose the seller’s name but said it was ‘a gentleman,'” it says.

Due to client confidentiality, Kris Humphries could not be named, but a close friend of the Kardashians tells US Weekly that the auctioned gem is 100 percent the same ring. “Kim has been waiting for the day he would auction it. 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.”

Although the auction house plans to sell the ring for a half a million dollars, US Weekly says that the ring is worth $2 million.

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