Kris Humphries is finally letting go of Kim Kardashian once and for all.
Humphries,28, is reportedly auctioning off the 20-carat Lorraine Schwartz diamond engagement ring he once gave the reality star.
According to Us Weekly, the ring will be on sale on October 15 at Christie’s Auction House in New York. The auction does not clearly state who the owner of the ring is, but Christie’s did confirm that a custom Lorraine Schwartz ring featuring a 16.21-carat center stone and two 1.80-carat stones on the side is up for sale.
The only details given about the seller is that he is described as a “gentleman.”
Kardashian return the stunning ring, in silence, over a year ago. Humphries has had the ring ever since. The ring is expected to sell for anywhere between $300,000 and $500,000 at the auction. It was reportedly worth $2 million when the NBA star popped the question in 2011.
Beyonce Knowles hosted the official launch of Lorraine Schwartz’s “2BHAPPY” jewelry collection at Lavo on November 22, in New York City. Kim Kardashian, Gayle King, Tyson Beckford, Jessica White, Tina Knowles, Mary J. Blige, Ashanti, and Blake Lively also attended the event. The women weren’t afraid to show off some of the pieces from the collectionas they posed on the red carpet.