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How much is Jennifer Lopez’s new engagement ring worth?

That's a lot of diamond.

It’s the proposal we’ve been waiting for…

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Jennifer Lopez and Alex Rodriguez one of the most loved up celebrity couples, are officially engaged.

And the shiny rock currently making a home on Jlo’s finger did not fall short of exquisite…

https://www.instagram.com/p/Buzz2J8ADNB/

“She said yes.” Says Alex posting the above sunset shot on his Instagram. 

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It is estimated that the emerald cut stone ring, is worth anywhere between $1-$5 million and 10-15 carats. 

Jlo is no stranger to standout, price-heavy engagement rings, remember the good old Bennifer days? 

Jennifer Lopez
(Credit: Getty)

A smitten Ben Affleck (so smitten that they made this film clip together) put Harry Winston on the fine jewellery map with a 6.1-carat pink diamond engagement ring. 

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Jlo
(Credit: Getty)
Jennifer Lopez
(Credit: Getty)

According to Town & Country magazine, the couple became trendsetters by opting for a coloured stone, “Jennifer’s ring from Ben became the most talked about engagement ring in modern social history. It was a 6.10 carat fancy intense pink diamond (radiant cut) with white diamonds side accents—a very rare and very precious colored diamond that most people were unaware of it the time. Ben specifically chose it due to her love of the color pink. In fact it was the catalyst that started the trend toward colored diamonds and singularly sent the value of pink diamonds into the stratosphere. Almost two decades later, they still continue to escalate in value. The engagement was kept secret for about six weeks due to the excessive media attention that intruded into their lives.” the jeweller continues, “This 6 carat pink was more valuable than a flawless perfect color 20 carat diamond at the time—and still would be,”

The magazine also highlights other celebrities including Amal Clooney, Beyoncé, Angelina Jolie, Kate Hudson, Kim Kardashian who are also the recipients of an emerald stone marking the popularity of the style. 

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This will be Jennifer’s sixth engagement. 

https://www.instagram.com/p/BtcL1JSAvls/

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