Shanna Moakler Auctions Off Travis Barker Engagement Ring, Starts Bidding at $51K: ‘I’m Hoping for $120K’

usmagazine.com:

Letting go of the past. Shanna Moakler is auctioning off her engagement ring from ex-husband Travis Barker, 14 years after their divorce.“I think it is a beautiful piece and truly was my dream ring,” the Celebrity Big Brother alum, 47, tells Us Weekly exclusively about the auction. “However, that chapter of my life is over and even though wearing it at one time brought me great joy, I hope it will find a new home and continue to bring someone as much happiness as it once did to me.

It’s truly an iconic ring!”The auction is scheduled to run from Friday, May 27, to Tuesday, May 31, although it could potentially be extended depending on how much interest it receives.Bidding for Moakler’s ring — which features a diamond encrusted band surrounding a large, solitaire stone — starts at $51,000, but she thinks it may go for more. “I’m hoping it sells for $120K.

It was worth about $160K,” the former pageant queen tells Us.Moakler has teamed up with Worthy.com for the sale. The selling partner’s goal is to help people earn the most for their jewelry and watches — sometimes even up to 3 times what they’re offered by other buyers.

Worthy handles the sale, which is fast, safe and simple, and the sellers set their own prices and only pay a “success fee” if their jewelry sells.The Meet the Barkers alum‘s sale comes less than one week after Barker, 46, officially tied the knot with Kourtney Kardashian in Portofino, Italy, following their impromptu Las Vegas ceremony and California courthouse wedding.