Kim K's engagement ring from Kris Humphries sells at auction for $620k

Kim Kardashian's engagement ring from ex-husband Kris Humphries has
been sold at auction for $620, 000. The ring which Kim paid for
herself, but weirdly returned to Kris after she broke up with him was
sold today Tuesday October 15th at a Christie's auction in NYC, Us
Weekly reports.
The unknown buyer bought the Lorraine Schwartz creation, which
features a 16.21-carat center diamond and two 1.8-carat side diamonds
for a total of $749,000, which is plus tax.
The amount is a significant drop from the ring's initial reported
worth of $2 million.
"Kim has been waiting for the day he would auction it. Everyone always
asked what Kim did with the ring - she silently gave it back over a
year ago! And Kris waited until the divorce was final to sell it." a
source told Us Weekly
"The ring is definitely not worth $2 million, not even half of that,"
sniffs the source. Indeed, Kardashian, not Humphries, initially paid
for the ring herself.