Katy Perry and Orlando Bloom shared on their Instagram account on Valentine’s Day that the two are now engaged. Bloom proposed to Perry with a pink flower-inspired engagement ring. Perry captioned the photo of her and the actor, “Full bloom.”
There are some rumors that the ring is either a ruby or a diamond. If the ring is a pink diamond, JamesAllen.com experts say that it probably cost around $6 million. However, if it is a ruby, it is from $300,000 to $500,000.
Josh Marion, a diamond expert and vice president of online jeweler Ritani stated, “This one-of-a-kind ruby or a vivid pink ring appears to be approximately two carats and is surrounded by eight half-carat diamonds that accentuate this precious gem. I would ensure this ring for at least a half a million dollars if it’s truly a ruby. If it’s a vivid pink diamond, it would be worth around $5 million.” He further added, “This custom engagement ring looks like a firework or a red rose in full bloom that sparkles from every angle. Further, the custom floral pattern trend is back and is a symbol of high-society and royalty. It is a vintage, traditional British look.”
Princess Eugenie and Kate Middleton have similar engagement rings. Kate Middleton’s ring is Princess Diana’s diamond and blue sapphire ring, and Princess Eugenie’s ring is a blush-colored padparadscha sapphire surrounded by diamonds.