Monday, October 31, 2011

Kim Kardashian's 16-Carat Diamond Engagement Ring Might Depreciate by Half

Mark Thompson/Getty Images Kim Kardashian doesn't seem to have lost anything with her 72-day marriage -- which is longer than most pundits gave it.our editor recommendsKim Kardashian Filing for Divorce: What Hollywood Is SayingKim Kardashian Dons Red Hair, Revealing Dress for 'Poison Ivy' Halloween Costume (Photos) In fact, she only seems to have gained. But when it comes to her 16-carat diamond ring, she's probably going to take a bath. PHOTOS: 19 of Hollywood's All-Time Shortest Marriages Andrew Streyer, a jewelry appraiser and gemologist, who deals jewelry for the website Pawngo.com, says the 16-carat ring is probably actually worth around $3 million, even though Humphries only paid $2 million. "He might have gotten a deal because of whom he was marrying," says Streyer. "But the diamond market and the economy being what they are right now, they will be lucky to get a million for the ring. And who gets the money is anybody's guess." PHOTOS: Inside Kardashian Inc. Traditionally, in divorces, women get the ring, contending it's a "gift," but after a very short marriage, it would rightly revert back to the man, as it was his money used to purchased it. Either way, somebody's going to lose a million dollars. RELATED: E! Network Surprised By Kim Kardashian Divorce, Holding Emergency Meetings Kim Kardashian Divorcing Kris Humphries After 72 Days of Marriage Kim Kardashian Divorce: 10 Signs the Marriage Was One Big Hoax All Along Fashion Kim Kardashian Kris Humphries

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