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Jennifer Lopez is wearing a new engagement ring – and it features ANOTHER rare diamond

In 2022, Jennifer Lopez announced her engagement to Ben Affleck, a staggering 19 years after their first breakup.

The couple first got engaged in November 2002 before postponing their wedding and then splitting two years later in 2004.

We didn’t think that it was possible to love a ring as much as we loved the pink diamond engagement ring that Ben proposed with first time around, but we were nothing short of obsessed with the INCREDIBLE green diamond engagement ring that he proposed with the second time around.

Though despite owning one of the most expensive engagement rings that we’ve seen in a long time, it looks like Jen has added a new sparkler to her collection, which can be seen in recent photos of the musician and actress at New York Fashion Week.

Engagement ring and diamond experts at Steven Stone have taken a close look at the new bling on JLo’s finger…

Instagram: @tombachik
Instagram: @tombachik

Ring #1 from Ben

Value: £2,000,000 ($2,800,000)

When Ben Affleck and J-Lo announced their first relationship way back in in 2002, the world followed their every move, in awe of the A-list couple. And, they didn’t leave fans waiting for long as they got engaged that same year. However, they didn’t quite make it down the aisle the first time round, as they postponed their wedding in September 2003 and officially split in January 2004. 

Despite us being disappointed when the news broke, we couldn’t help but wonder what would happen to her incredible pink diamond engagement ring.

Flashing the huge rock in an interview with Diane Sawyer, J-Lo said: “It’s the most magnificent thing I’ve ever seen,” and she’s completely right. The engagement ring is a massive 6.10 carat radiant cut, designed by celebrity jeweller Harry Winston, which reportedly cost Ben Affleck a whopping £855,000 ($1.2 million) at the time.

However, now, as pink diamonds have soared in value, J-Lo’s ring is worth a lot more than it was back then. Our diamond experts estimate it’s worth over double the price now, valuing the ring at £2,000,000 ($2.8million).

“There are certain types of diamonds which can make good investments. These include pink diamonds, which are much rarer and generally very expensive, starting from £50,000 to around £10,000,000.

Pink diamonds have seen the biggest growth in value recently as the Argyle Diamond Mine in Western Australia, the world’s major source for pink and purple stones, closed down at the end of 2020, therefore prices have increased in recent months due to the increased rarity.”

ZACK STONE, MANAGING DIRECTOR, STEVEN STONE

Ring #2 from Ben

Value: £2,600,000 ($3,000,000)

When J-Lo announced her second engagement – revealing the news on her website – we were keen to get the first look. The images revealed a show stopping green diamond ring, which is unlike anything we’ve seen before.

“Jennifer Lopez’s engagement ring is sensational. With an incredibly vivid colour, it looks like it could be a natural green diamond that’s been enhanced using HPHT temperature treatment, which is a well known method to change the colour of a diamond. I’ve never seen a diamond quite like it.

Just like the pink diamond engagement ring she received from Ben Affleck previously, this ring is worth millions. The centre stone is an estimated 9 to 10 carats, with an elongated cushion cut. It also looks to feature two tapered baguettes, making this a three stone ring.

Taking all this into consideration, this is no doubt the most expensive engagement ring we’ve seen in a long time, with an estimated value of over $3,000,000.”

ZACK STONE, MANAGING DIRECTOR, STEVEN STONE
Twitter: @elenas33_elena
Instagram: @tombachik

Ring #3 from Ben

Value:

When we saw the photos of J-Lo at New York Fashion Week, we couldn’t help but notice the new piece of bling on her wedding finger.

“Jennifer Lopez appears to have added another impressive engagement ring to her collection – and it comes as no surprise that it features ANOTHER rare diamond.

The rings centre stone is a fancy yellow cushion cut diamond, which is likely to be around 8 carats. Yellow diamonds are incredibly rare, with only around 0.1% of all naturally occurring diamonds exhibit a yellow colour.

Jen’s familiar with cushion cuts as the show stopping green diamond engagement ring that Ben proposed with last year boasts the charming shape. The centre stone is in a halo setting – further accentuating the rings sparkle – and is flanked by two side stones.

I’d estimate Jen’s new piece of bling to be worth approximately $500,000 – making it her least valuable engagement ring from Ben.”

ZACK STONE, MANAGING DIRECTOR, STEVEN STONE

If you’re looking for an engagement or wedding ring of your own, we have a stunning selection to choose from. If nothing catches your eye then be sure to get in touch – we have expert jewellers in ManchesterLondon and Cheshire.


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