Kris Humphries Auctions Off Kim Kardashian's Engagement Ring

The NBA player sells 20.5-carat ring for less than half its reported $2 million value, with plans to donate the proceeds to charity.

Kris Humphries and Kim Kardashian in happier times.
Jamie McCarthy/Getty Images

The ring symbolizing Kim Kardashian's ill-fated 72-day marriage to Kris Humphries has been sold.

The engagement ring sold for $749,000 at the Christie's auction. While that was less than half the ring's reported worth of $2 million, the sale price exceeded the presale estimate of between $300,000 and $500,000.

PHOTOS: The Kardashian Family's Summer of Bummers

"It bounced between two phone bidders and two bidders in the back of the room," a Christie's spokesperson told E! News. "Good participation all around. It was the last item in the morning session." 

The 20.5-carat ring had been listed as "impressive diamond ring" in Christie's Magnificent Jewels auction.

"Kris is very pleased with the final result," Humphries' rep told E! News, adding: "The ring is indeed Kris' property that he received through his marriage dissolution. He has long-since moved on and is very much looking forward to ... to returning to the court this upcoming NBA season as a Boston Celtic."

PHOTOS: 19 of Hollywood's All-Time Shortest Marriages

The NBA player plans to donate the proceeds to a yet-to-be-determined charity.

Kardashian and Humphries were married Aug. 20, 2011, in a splashy multimillion-dollar wedding in Montecito, Calif. They split after 72 days, and their divorce was finalized June 2013 after a public, protracted battle.

Kardashian recently gave birth to her first child, a daughter, with boyfriend Kanye West.


What do you think?


Previous Story

Michelle Obama Requests 'Mademoiselle C' for Private White House Screening

Next Story

Valentino, THR Host Second Annual 'Power of Style' Luncheon