Liam Hemsworth Spent $100k on Miley Cyrus Engagement Ring, Estimates Jeweler (EXCLUSIVE)

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When Liam Hemsworth proposed to Miley Cyrus, he slipped a 3.5 carat cushion-cut diamond engagement ring onto her finger, handcrafted in 18-karat gold and complete with intricately carved diamond floral motifs.

How much was it worth?

“If you were to purchase the ring at retail, it is probably in the vicinity of $80 thousand and could range all the way to $100 thousand, depending on the quality of the center stone and the certificate,” jeweler Zaven Ghanimian, of Simon G., told Celebuzz after inspecting a photo of the dazzler.

Hemsworth’s potential $100 thousand splash ranks mildly compared with others celebrities like Angelina Jolie, whose engagement ring may have cost an estimated $1 million.

But believe it or not, it doesn’t come close to some of the rings on a list of top ten most expensive sparklers:

Singer Beyonce Knowles received a stunning 18-carat flawless diamond set in platinum, valued at over $5 million, when rapper Jay Z proposed in 2007.

Here’s 10 of Hollywood’s most expensive celebrity engagement rings:

  • Kate Hudson: $200,000
  • Khloe Kardashian: $850,000
  • Victoria Beckham: $1 million
  • Jennifer Lopez (Marc Anthony): $1 million
  • Jennifer Lopez (Ben Affleck): $1.25 million
  • Heidi Klum: $1.5 million
  • Katie Holmes: $1.5 million
  • Catherine Zeta-Jones: $2 million
  • Mariah Carey: $2.5 million
  • Beyonce Knowles: $5 million

As Celebuzz reported, 22-year-old Hemsworth popped the question to Cyrus, 19, last week; the pair first met on the set of their 2009 romantic movie Last Song.

Ghanimian, who is the marketing director and a graduate gemologist of Simon G., described Hemsworth’s choice of a Neil Lane sparkler as “simple and understated.”

Here’s our Q&A with top designer:

What do you think of the engagement ring?
It’s a center stone design and I think it is about three carats. I think a picture that I saw was just a rendering. If you were to purchase the ring as a retail, it is probably in the vicinity of $80,000 and could range all the way to $100,000, depending on the quality of the center stone and the certificate.

It’s believed that the stone was actually antique and dates back to the late 1800s. Would that increase the price at all?
No, it looks like the ring has been re-manufactured … It doesn’t look like a ring from that era. I mean it looks like a ring from that era, but it’s not. It’s a modern, made today ring; it’s not a ring that’s old.

How would you rank this among other celebrity engagement rings?
In terms of style, I would like to rank it a vintage classic design. It’s definitely a vintage setting and I like it because it’s sort of simple and understated, but yet has high value. It’s not in your face, “Oh look at me, I have a huge ring.” It’s put together very tastefully.

The big trend recently has been platinum or white gold. What do you think about Liam going with gold instead?
It’s really nice to see something different. There is a little bit something different we’re seeing on the market is yellow gold. It keeps it really traditional.

How long do you think it would take to put together a ring like this?
Usually making a ring like that, depending on how it’s made and where it’s made, it could take from two weeks all the way up to four weeks.

Do you think Liam designed this himself or do you think this was something he more picked out?
I think he picked it out.

Why do you think that some celebrities decide to design the rings themselves, such as Brad Pitt recently for Angelina Jolie, as opposed to just picking one out?
When a man wants a designer ring and to pick it on his own, it’s very, very challenging and it does take a lot of work and it does take a lot of research to make sure it includes all the aspects of their life … ideas of the design. But picking something off the shelf and that’s done for you is much simpler.