Demi Lovato's engagement ring could have cost $300,000. The 'Heart Attack' star was gifted the stunning emerald-cut engagement ring, designed by Peter Marco, by her fiance Max Ehrich and jewellers believe it could have a hefty price tag.
Ira Weissman, founder of The Diamond Pro, told Page Six Style: "With a stunning helicopter pad of an emerald-cut centre diamond and the classic pairing with trapezoid side stones, Demi's ring looks to make it to the hall of fame of celebrity engagement rings.
The approximately 5-carat diamond is clearly of the highest quality and could easily fetch over $250,000." Whilst Shannon Delany-Ron, Director of Communications at JamesAllen.com, added: "Three-stone rings like Demi's hold a symbolic meaning and.
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