Meghan Markle engagement ring: How much is the diamond ring worth? Prince Harry's gift to Suits actress and bride-to-be is NOT as much as you'd think

Prince Harry and actress Meghan Markle officially announced their engagement recentlyMeghan Markle showed off her engagement ring with a smile on her face following their wedding announcement  [Getty]

Meghan Markle showed off her dazzling engagement ring to the cameras after Prince Harry and herself confirmed they were getting married. 

The Suits actress and Prince William’s younger brother have been dating for just over a year, and will get married in May 2018. 

The world held their breaths as Kate Middleton’s soon to be sister-in-law revealed the three diamond engagement ring gifted by 33 year old Harry, as she showed it off in an intimate interview following their announcement. 

But how much is the stunning ring worth? 

Meghan Markle engagement ring: Prince Harry and suits actress are engaged Meghan Markle’s engagement ring took Prince Harry three months to design  [Getty]

The pair can be seen joking around in adorable new footagePrince Harry and Meghan Markle explained the sentimental secrets behind the ring  [Sky News]

Gemologist and Director at Pluczenik, one of the world’s leading diamantaires Grant Mobley, has estimated the ring would be worth around £122,500.

He explained: “From seeing the pictures, I would estimate that the centre diamond is a slightly elongated cushion cut diamond, approximately 3.00 – 4.00 carats. The side diamonds are more than likely oval or round cut diamonds about 0.75 carats each.

“The value of such a centre diamond greatly depends on the colour and clarity of the stone. While it is very difficult to tell the clarity without examining the stone, one would imagine Prince Harry would pick something close to flawless.

“In that case, we would estimate that the value of the centre stone would be around £70,000 – £115,000, while the side stones would have an intrinsic value of around £3,750 each.”

And while £122,500 is a huge amount to spend on an engagement ring, it’s not as much as the public were expecting, being such a significant item with historical elements. 

But what do you think, is it as much as you imagined? Take our poll above. 

During the BBC interview, Prince George and Princess Charlotte’s uncle and 36 year old Meghan revealed the ring – which took six months for the Prince to design – has a centre stone from Botswana, a place special to their relationship, and somewhere they recently visited.

The two stones either side of the ring are taken from the late Princess Diana’s jewellery collection, which Harry admitted are: “To make sure she’s with us on this crazy journey together.”

LONDON, ENGLAND - NOVEMBER 27: (EMBARGOED FOR PUBLICATION IN UK NEWSPAPERS UNTIL 24 HOURS AFTER CREATE DATE AND TIME) Prince Harry and Meghan Markle attend an official photocall to announce the engagement of Prince Harry and actress Meghan Markle at The Sunken Gardens at Kensington Palace on November 27, 2017 in London, England. Prince Harry and Meghan Markle have been a couple officially since November 2016 and are due to marry in Spring 2018. (Photo by Karwai Tang/WireImage)The ring is estimated to be worth £122,500[Getty]

The gold for the ring is yellow gold, which was chosen because Harry knew it was her favourite.  

And it seems Harry’s idea to design the ring himself has become somewhat of a trend in the engagement community. 

London based-jeweller David Law told OK! Online: “There has definitely been a move to creating ones own unique engagement ring, and adding personal touches to the ring, particularly something that reminds them both of the place that they first met.”

Find all the details about Harry and Meghan’s upcoming wedding here. 

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