Kim Kardashian’s Gigantic Diamond Engagement Ring Sold for $749,000

By: Andrea Simpson / October 15, 2013

Kris Humphries now has one less reminder of his 72-day marriage to ex Kim Kardashian: the 20-carat Lorraine Schwartz diamond engagement ring has been sold.

Humphries gave the ring to Kanye West’s baby mama when he popped the question in 2011; it sold at Christie’s “Magnificent Jewels” auction Tuesday for a whopping $749,000, Celebuzz can confirm.

Originally reported by RumorFix, the ring’s estimated worth was estimated at $1.265 million by the auction house and was expected to fetch between $500,000 to $700,000, a significant markdown considering the NBA star reportedly dropped $2 million for the sparkler.

The highest bidder actually put down $620K, but when all is said and done (you know, those pesky taxes and fees) the lucky new owner will have to fork over $749,000 for the massive bauble.