Jewellery experts say that when it comes to choosing a diamond, it’s all about the “4 Cs.” Carat, color, clarity, and cut. They don’t mention the most important C for most of us 99 percenters — the cost. Well, it seems that wasn’t even a consideration for Justin Long when he splashed the cash for Kate Bosworth’s rumored engagement ring. Mike Fried, CEO of The Diamond Pro, cast his expert eye over Bosworth’s bauble and gave Nicki Swift an estimated price. OK, brace yourselves.
“There’s no doubt it took countless hours of searching for Kate’s enormous 10-carat diamond,” Fried exclusively told Nicki Swift. “High-quality diamonds of this carat weight are very rare and take a special eye to find a beautiful stone. Set on a thin band, her diamond can receive maximum light, making it a brilliant centerpiece. I’d estimate the value at half a million dollars, but I wouldn’t be surprised if it is worth more.”
Celebrities! They’re just like us! But with half a million dollars or more to drop on an engagement ring. There’s been no official announcement from either Long or Bosworth so far, but speculation is growing by the day. ET has gone all out by reporting that the couple is definitely heading to the altar. “They are both thrilled, and their loved ones are incredibly happy for them,” a source told the site. “They make an amazing couple, and they’re so excited.”
