Gems and Jewelry Wonders of the British Royal Family

7. The engagement ring of Grace Kelly

Worn by: Princess Grace of Monaco

Since: 1956

Value Approximation: $38.8 million*

Grace Kelly's engagement diamond is one of the most expensive engagement rings in history, currently valued at approximately $40 million when adjusted for inflation. When Prince Rainier III proposed to her in the mid-1960s, the ring was valued at over $4 million, making it an extravagant symbol of their love.

Despite the passing of the Hollywood icon who became a princess, the ring's value has only appreciated over the years, reflecting both its exquisite craftsmanship and the enduring legacy of Grace Kelly's life and style.

 

The Engagement Ring of Grace Kelly

©Bettmann/Getty Images

The stunning 10.48-carat diamond engagement ring, crafted by Cartier, is currently held by the Grimaldi family. This emerald-cut diamond ring is not only one of the most iconic pieces of royal jewelry but also holds a significant place in history as one of the most famous royal engagement rings ever.