World's Priciest Engagement Rings

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Planning to propose this Valentine's Day? Good idea. Planning to spend more on the engagement ring than you would on a house? Even better. Join us as we explore a world of shiny rocks and stunning price tags.

(ABCNews.com)





If you're looking for a head-turning ring with major star power, this may be the bauble for you. This platinum-set diamond ring is from the Elizabeth Collection of House of Taylor Jewelry, a Los Angeles-based international jewelry company whose principal shareholders include movie legend Elizabeth Taylor. The 5.98-carat oval-cut diamond in its center is "internally flawless" and surrounded by 3.96 carats of round brilliant diamonds in a floral design. Of course, star power doesn't come cheap. This ring will cost you a cool $1.3 million.





Say hello to yellow -- yellow diamonds, that is. Baseball star Johnny Damon and actors Charlie Sheen and Eddie Murphy have all paired their marriage proposals with yellow diamond rings. Want to join their ranks? Try this De Beers 5.11-carat radiant cut ring, set in platinum, for $400,000.





For the thrifty millionaire looking for yellow-diamond chic, this 6.10-carat fancy yellow diamond ring from Ross-Simons may do the trick. The ring costs a mere $99,995 and features a rectangular diamond flanked by two trapezoidal 1.35-carat diamonds as well as 0.35-carat surrounding diamonds.





Soccer star David Beckham kicked a goal into the heart of wife and former Spice Girl Victoria Beckham with an appropriately posh pink diamond ring. Are you thinking pink, too? Check out this Secret Kiss of the Rose Ring from De Beers. The piece features 4.15-carat rose-cut white diamonds and a 0.8-carat pink diamond, set in platinum. Just try not to turn pink -- or, rather, red -- from the price: $525,000.
 

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caitlin1214

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Whether you prefer round extravagance or a more angular glamour, Tiffany has you covered. On the left is the famed jeweler's oval diamond micromelee split shank ring. The 14.79-carat creation retails at $1.465 million. On the right, you'll find Tiffany's 12.03-carat cushion diamond ring, which sells for $800,000. Both rings are set in platinum.





The original Asscher Cut diamond was first developed in 1902, but the design hasn't languished in the annals of history. Famous Asscher fans include Oscar winner Reese Witherspoon, who reportedly wore a 4-carat Asscher Cut stone on her ring finger while married to actor Ryan Phillipe. But why settle for 4 carats? This 10.19-carat Asscher engagement ring from De Beers is set in platinum and sells for $520,000.





The rock atop this De Beers platinum ring gets a D -- as in D-color, the most desireable grade on the diamond color scale. With its round and flawless stone, this De Beers piece weighs just a little more than 9 carats, but if you buy it your wallet might weigh considerably less. The ring's price is set at $1.83 million.





Diamonds may be the conventional choice for most engagement ring buyers, but since when do millionaires heed convention? Grunge star Kurt Cobain gave fellow rocker Courtney Love a 5-carat diamond-and-ruby engagement ring. Unfortunately for Love, the ring was stolen on Valentine's Day in 1995. Hopefully, prospective buyers of this three-stone oval ruby-and-diamond ring from House of Taylor will have better luck -- and some insurance. The piece, which features 12.48-carat Burmese rubies, sells for $63,600.
 

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caitlin1214

tPF Bish
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Toronto
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Blue bloods prefer blue sapphire -- or at least Prince Charles did when he proposed to Lady Diana Spencer with an 18-carat oval sapphire ring. The blue bauble didn't mean lasting love for those royals, but don't count blue sapphire out just yet. Check out this three-stone sapphire-and-diamond ring from House of Taylor. The piece features 8.28 carats of Ceylon sapphires and more than 2 carats of diamonds for a price of $49,500.





It's easy being green with this House of Taylor three-stone emerald-and-diamond ring. The ring features 6.84 carats of Columbian emeralds and more than 2 carats of diamonds, all set in 18-carat white gold. It sells for $93,600.





Famed jeweler Cartier is eager to spread the word about its new New York City bridal salon, but the company is more discreet when it comes to its sparkling wares. When the jeweler was asked about its most expensive engagement ring, it sent pictures of this pear-cut diamond ring set in platinum. But Cartier clammed up when asked about the price. The ring is available in carat weights ranging from 1 to more than 63 and its price, a spokeswoman for the jeweler said, is divulged only to customers making serious inquiries.
 

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