We've heard of plenty of überexpensive rings in our time, but the latest big-number bauble has truly blown our minds. The Cartier 25.59-carat Sunrise Ruby ring, shown above, was sold at a Sotheby's auction yesterday for an astounding $30 million.
The piece was anticipated to fetch anywhere from $12 to $18 million but far exceeded those comparatively wimpy expectations. As a point of comparison, allow us to remind you that Elizabeth Taylor's 33-carat diamond engagement ring from Richard Burton is worth only $8.8 million.
What do you think of the ring? Tell us in the comments, and shop some of our favourite engagement rings below!
Rosedale Fine Jewellery Baguette Diamond Ring ($545)
Trumpet & Horn Classic Mid-Century Engagement Ring With Sparkling White Diamond ($5250)
What's YOUR ideal engagement ring? Take our quiz to find out! Then share your results in the comments below.
Monique Lhuillier Art Deco Halo Engagement Ring ($3040)