Harper's BAZAAR asks Rare Carat about J Lo's ring

Jennifer Lopez Steps Out with Alex Rodriguez and Her Blinding Engagement Ring

By Erica Gonzales

March 13, 2019

Link to original article

Jennifer Lopez gave fans another look at her engagement ring when she stepped out with fiancé Alex Rodriguez today in Miami.
The couple was photographed leaving a gym, with Lopez in athleticwear and her massive, emerald-cut diamond ring.
The couple announced their engagement on Saturday with proposal photos on Instagram.

Think you already got a good look at Jennifer Lopez's engagement ring? Think again. Today, she stepped out with her new fiancé, Alex Rodriguez, in Miami and gave us a stunning closer look at her huge, emerald-cut diamond sparkler. Try not to stare into it for too long; it might hurt your eyes.

J.Lo was also seen wearing her ring at an airport earlier, but this marks the clearest, brightest photo of the rock we've seen yet. The valuations for the sizable piece of jewelry varies, as exact details on its make or jeweler have not yet been publicly disclosed.

Ajay Anand, CEO of Rare Carat, said in a statement, "Our team of gemologists and diamond PhDs estimate the emerald-cut diamond is 20 carats and worth around $4.5 million."

Experts suggested to People that the price could range anywhere from $1 million to "upwards of $5 million," while the diamond could be 11, 15, or 20 carats.

Andrew Brown, President of WP Diamonds, thinks the price of the ring is "approaching a million dollars" and that the diamond is about 10 carats, according to E! News.

Lopez and Rodriguez nearly disrupted our weekend when they announced their engagement on Saturday with close-up photo of J.Lo's ring on Instagram. "She said yes ♥?," the baseball star captioned his post.

The duo followed up with a photos of A-Rod proposing on the beach, with J.Lo in total shock. He captioned the photo, "Locking it down," while she simply wrote the date of the proposal, March 9.

People confirms A-Rod popped the question while the couple was on vacation in the Bahamas.

J.Lo’s Ring FAQs

What did Rare Carat estimate the size and value of Jennifer Lopez’s emerald-cut diamond?

According to Rare Carat’s CEO Ajay Anand, their gemologists and PhD-level diamond experts believe the emerald-cut stone is about 20 carats. Based on that, and assuming very high quality, they estimate its value to be around US$4.5 million.

How reliable is that $4.5 million estimate?

Rare Carat’s estimate is based on publicly available photos and expert analysis. They make a “best-case scenario” assumption: that the diamond is D-color (the most colorless) and flawless (very rare to have zero inclusions). If the actual stone is lower in color or clarity, its real value could be notably less.

How do other experts’ estimates compare to Rare Carat’s valuation?

Harper’s BAZAAR mentions that other experts give a wide range of estimates. While Rare Carat is at the high end with $4.5 million for a 20-carat rock, some estimate the price could be closer to $1 million, depending on assumed carat weight and quality.

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