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Don’t be fooled by the stones she has – because these stones are worth way more these days.
In 2002, Ben Affleck offered Jennifer Lopez a 6.1 carat pink diamond engagement ring from Harry Winston, valued at an estimated $ 2.5 million at the time, quickly sparking a diamond craze. colored.
And just as J.Lo’s career continued to soar over the next two decades, the value of this radiant pink sparkler also increased, according to a trio of must-have diamond experts at Page Six Style. .
“Ninety percent of [pink] the diamonds come from one place: the Argyle mine in Australia, which announced its closure in 2020 and ceased production this year, ”explained Ajay Anand, CEO of Rare Carat.
“Since 1983, the Argyle mine has been one of the world’s leading producers of the finest pink diamonds and the benchmark for fancy pink diamonds. The mine produces a rainbow of colors, from pink to blue to purple and the rarest of all: red, ”he continued.
Anand estimates Affleck would have to shell out around $ 4 million for the same stone today.
Clear Cut Founder and CEO Olivia Landau shared a similar estimate, similarly highlighting the closure of the Argyle mine as one of the main reasons for the ring’s nearly doubling in value.
“Although the mine is unlikely to produce many pink diamonds in the order of 6 carats, the closure of the mine has pushed up the prices of fancy pink diamonds,” said the gemologist.
And Mike Fried, CEO of The Diamond Pro, puts the current value of the gorgeous ring even higher.
“Our fancy color partner created rings similar to J.Lo’s just recently two years ago,” he told us. “The cost was around $ 10 million. I imagine the price of her ring would be closer to $ 11 million today.
Fried pointed out that fancy-colored diamonds – and pink in particular – are much rarer than colorless diamonds, and the size of Lopez, 52, makes it even more so.
Of course, it was this pull over a million that made the Rock a perfect fit for the Triple Threat in the first place. “He was like, ‘I just wanted you to have something that no one else would have had,'” J.Lo told Diane Sawyer in an interview in 2002, calling the ring “the most important thing.” most beautiful I have ever seen “.
And now that Lopez and Affleck, 48, have rekindled their romance, the “Argo” director won’t have to look far if he chooses to ask the question again: according to the former publicist of J.Lo, Robert Shuter, she is still in possession of the expensive piece.
“As far as I know Jen never returned the ring,” Shuter told “Access Daily” in May. “So if things move forward with these two, gosh, she already has the most beautiful ring I’ve seen. It’s absolutely breathtaking.
Superb – and incredibly precious.
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