Miley Cyrus’ new bling is making rounds on the internet.
The singer, who is officially off the market following her engagement to Maxx Morando, has received a whopping ring worth a whopping £450,000.
The ring was designed by jewelry expert Jacquie Aiche. Blue Nile’s vice president of merchandising, Daniela Tarantino, reveals that the bling is a valuable addition to Miley’s collection.
“This engagement ring is a chunky gold ring with an east-west edge – a modern and chic trend we’re seeing in the bridal industry,” Tarantino said in a press email. “We believe the ring is roughly a 4-5 carat modified cushion costing approximately $300,000 to $450,000.”
Reyne Hirsch, brand ambassador for Worthy, says: “The ring is beautiful and has a very modern and minimalist look.”
Hirsch tells PEOPLE that the ring has a pricey tag, noting, “It’s a 4-5 carat, bezel-set, cushion-cut diamond set from east to west. Depending on the color and clarity of the stone, I would suggest a retail value of $150,000 – $250,000.”
Meanwhile, diamond jewelry expert Kristy Cullinane reveals: “The diamond appears to be around 4 to 5 carats, and the estimated value of the ring would be $200,000+ for a mined diamond or $15,000 for a lab-grown diamond.”
