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Royal engagement ring and wedding ring values compared – Kate Middleton, The Queen, Meghan Markle, Diana and Camillas

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Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
The ladies of the royal family carry a hefty amount of history – and value – on their fingers (Picture: Getty)

We know what Meghan Markles engagement ring looks like but a royal wedding is not just about the ring gifted during a proposal – its about the wedding ring, too.

While Meghans engagement ring caught the attention of the public, as we scrambled to find out who designed it, if it was an heirloom and how it was connected to Prince Harrys mum Diana, Princess Of Wales, were yet to see what her wedding ring will be like.

Its traditional for royal brides to don a yellow gold band, created from special Welsh gold. Given Meghans love of yellow gold, it seems highly likely this is what she will end up with.

Royal engagement rings and wedding rings have always captured the publics fascination – from the Queens custom-made rock featuring diamonds from Prince Philips mothers tiara to Diana, Princess of Wales sapphire design, which is the only ring in this collection not to have been custom-made.

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So, while we wait for Saturday 19 May when Meghans choice of band will be revealed, we take a look at which of the leading ladies in the royal family is wearing the most expensive cluster of precious diamonds on their left hand – from the Queens ring which she has been wearing for an impressive 71 years to Princess Eugenies.

And with the help of Gemologist Deborah Papas from Prestige Pawnbrokers, which features on Channel 4s Posh Pawn, we reveal which royal lady has the most valuable of all of the royal rings…

QUEEN ELIZABETH II

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
The Queens engagement ring has been firmly on her finger for a staggering 71 years (Picture: Antony Jones/UK Press via Getty Images)

Prince Philip designed Queen Elizabeths engagement ring himself, with the help of jeweler Philip Antrobus Ltd. It was made in London and features a 3ct old cut diamond set in a traditional claw setting in platinum. It has five smaller diamonds on each shoulder.

Philip used diamonds taken from a tiara belonging to his mother, Princess Alice of Greece, for the ring.

Traditionally, the royal family have their wedding rings made of a simple band of gold mined from the Clogau St David mine at Bontddu in North Wales.

This tradition dates back to 1923, when George VI married Elizabeth, The Queen Mother. As the mines in Wales were expensive to run, gold from them is scarce as no mining takes place there today, meaning the Clogau gold reserves are almost depleted.

The Queens wedding ring is made up of Clogau gold from a gifted nugget from the mine.

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
A then-Princess Elizabeth stands with Prince Philip on 11 July, 1947, at Buckingham Palace, London, to pose for photos following their engagement (Picture: Fox Photos/Getty Images)
Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Then-Princess Elizabeth and Prince Philip wave from a balcony at Buckingham Palace, shortly after their elaborate wedding on 20 November 1947 (Picture: Getty)

The engagement ring value:

Deborah Papas estimates: Queen Elizabeths engagement ring stays away from the coloured gemstones that future generations have.

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Her majestys ring is more likely to be in the price bracket of £200,000.

The wedding ring value:

The value of the Welsh gold rings depends on the weight and purity of the told used. The Queens wedding band is reported to have a purity of 87.5%, which would make it 21ct gold, Papas adds.

A 3mm band could be worth around £1,500 – £2,000. This will be less if the bands were made in 18ct gold but I would not anticipate any lower in purity would be made for the Royal familys rings.

The value is likely to be worth 30 times more than the same equivalent of gold mined elsewhere.

Engagement announcement: Thursday 10 July 1947

Marriage: Thursday 20 November 1947

DIANA, PRINCESS OF WALES & CATHERINE, DUCHESS OF CAMBRIDGE

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Diana poses with her engagement ring, which was later gifted to Kate Middleton (Picture: Tim Graham/Getty Images)
ARGENTINA - NOVEMBER 24: Detail Of Engagement Ring And Wedding Ring Of Princess Diana In Argentina (Photo by Tim Graham/Getty Images)
Princess Dianas engagement and wedding rings, pictured during a visit to Argentina in 1995 (Picture: Tim Graham/Getty Images)

Prince Charles gifted Diana, Princess Of Wales a stunning sapphire engagement ring. So stunning, in fact, Prince William went on to propose to Kate Middleton with that very same ring following Dianas tragic death in 1997.

Created by royal jeweler Garrard & Co Ltd, the ring features 14 solitaire diamonds which surround a Sri Lankan 12-carat oval faceted blue Ceylon sapphire. It is set in 18-karat white gold.

LONDON, ENGLAND - JUNE 11: Catherine, the Duchess of Cambridge travels by horse-drawn carriage to Horse Guards Parade to take part in the Trooping the Colour parade on June 11, 2011 in London, England. The ceremony of Trooping the Colour is believed to have first been performed during the reign of King Charles II. In 1748, it was decided that the parade would be used to mark the official birthday of the Sovereign. More than 600 guardsmen and cavalry make up the parade, a celebration of the Sovereign's official birthday, although the Queen's actual birthday is on 21 April. (Photo by Oli Scarff/Getty Images)
Kate Middletons engagement and wedding rings (Picture: Getty)

Interestingly, Diana and Kates ring was not custom-made like all of the other royal rings featuring in the list.

It actually featured in Gerrards jewellery collection, available for anyone to buy at the time of Dianas proposal. Diana had apparently chosen it as she thought it was a beautiful ring and some historians believe it reminded her of her mother, Frances Shand-Kydd, own ring.

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Frances Shand-Kydd leaves Diana and Prince Charles wedding rehearsal at St Pauls Cathedral on 27 July 1981 (Picture: Tim Graham/Getty Images)
Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Diana and her mother Frances, with her sapphire ring in view, at Wimbledon in 1993 (Picture: Daily Mail/REX/Shutterstock)

It is sometimes referred to as the Commoners Sapphire for this reason.

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The engagement ring value:

Deborah Papas estimates: Coloured gemstones are becoming more popular again. They had their boom in the early eighties when Prince Charles and the then Lady Diana Spencer became engaged.

The ring renewed a sales boom in sapphire and diamond rings in 2010 when the royal couple became engaged.

The ring worn in memory of Prince Williams mother, was originally valued at £28,000 in 1981; today the ring is estimated to have an insurance value of approximately £300,000.

Of course when the history and sentiment behind Dianas ring is considered, its value is simply priceless.

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Lady Diana Spencer (later to become Princess of Wales) reveals her sapphire and diamond engagement ring while she and Prince Charles, Prince of Wales pose for photographs in the grounds of Buckingham Palace following the announcement of their engagement in 1981 (Picture: Tim Graham/Getty Images)
Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
The wedding of Prince Charles and Lady Diana Spencer at St Pauls Cathedral in London on 29 July 1981 (Picture: Fox Photos/Hulton Archive/Getty Images)

Dianas wedding ring value:

Papas adds: Just as the Queens wedding ring is made up of Clogau gold from a gifted nugget from the mine, wedding rings for Princess Margaret, Princess Anne, and Princess Diana were too and they hold the same value.

Kates wedding ring value:

The Duchess of Cambridges wedding ring was also made from Welsh gold that has been in the family for years that was given to Prince William from the Queen after the couple announced their engagement. With Kates ring, however, its hard to establish if it was made purely from the famous Clogau mined gold, making its total value hard to estimate, Papas reveals.

Diana and Charles engagement announcement: Tuesday 24 February 1981

Diana and Charles marriage: Wednesday 29 July 1981

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Prince William and Kate Middleton pose for photographs in the State Apartments of St James Palace in November 2010 as they announce their engagement (Picture: Chris Jackson/Getty Images)
EDITORIAL USE ONLY/NO MERCHANDISING Mandatory Credit: Photo by Hugo Burnand/Clarence House/REX/Shutterstock (1310831b) Prince William Prince William with his bride Catherine the Catherine Duchess of Cambridge Official Portraits of the wedding of Prince William and Catherine Middleton, London, Britain - 29 Apr 2011 Official Royal Wedding pictures released by Clarence House show the bride and groom in the throne room at Buckingham Palace with Bridesmaids and Page boys along with other members of the Royal Family
Prince William and Catherine, Duchess of Cambridge on their wedding day on 29 April 2011 (Picture: Hugo Burnand/Clarence House/REX/Shutterstock)

Kate and Williams engagement announcement: Tuesday 16 November 2010

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Kate and Williams marriage: Friday 29 April 2011

SARAH, DUCHESS OF YORK

Camilla wedding ring
Sarah, Duchess Of York shows off her engagement ring, which was designed by Prince Andrew, in 1986 (Picture: Tim Graham/Getty Images)

When Prince Andrew proposed to Sarah Ferguson in March 1986, he did so with a stunning deep red Burmese ruby stone, which was surrounded by 10 pear cut diamonds and sits on a yellow gold band.

Also created by Garrard & Co, it was designed by Prince Andrew himself. He is believed to have selected the ruby to complement Sarahs red hair.

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Prince Andrew with Sarah Ferguson at Buckingham Palace after the announcement of their engagement (Picture: Tim Graham/Getty Images)
Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Prince Andrew, the Duke of York, and Sarah Ferguson wave outside of Buckingham Palace on their wedding day on 23 July 1986 (Picture: Hulton Archive/Getty Images)

The engagement ring value:

Deborah Papas estimates: Burmese rubies are considered to have the best colour and are often referred to as Pigeons Blood.

At the time, it was reported the ruby alone cost Prince Andrew £25,000. Today the whole ring could be worth between £150,000 – £200,000 and given the fineness of the ruby, possibly a lot more!

The wedding ring value:

Papas adds: After Charles and Dianas wedding, the Queen received just over an ounce further of the rare Clogau gold so that future wedding rings could be made for the Royal family. The Duchess of Yorks wedding band was therefore made from this gold and carries the same value.

Engagement announcement: Wednesday 19 March 1986

Marriage: Wednesday 23 July 1986

CAMILLA, DUCHESS OF CORNWALL

LISBON, PORTUGAL - MARCH 29: Camilla, Duchess of Cornwall visits Casa De Proteccao E Amparo De Santo Antonio on day two of a two day visit to Portugal on March 29, 2011 in Lisbon, Portugal. Camilla, Duchess of Cornwall, and Prince Charles, Prince of Wales, are on a two day trip to Portugal as part of a tour to Portugal, Spain and Morroco. (Photo by Chris Jackson/Getty Images)
Camilla, Duchess of Cornwalls engagement and wedding rings (Picture: Chris Jackson/Getty Images)

When Charles proposed to Camilla in 2005, he did so with a diamond ring that is believed to have belonged to his grandmother, Queen Elizabeth The Queen Mother. Its thought the ring was gifted to her when she gave birth to her first daughter, Queen Elizabeth II.

The ring features a centre square-cut diamond of approximately five carats with three diamond baguettes on each side.

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Prince Charles and Camilla Parker Bowles arrive for a party at Windsor Castle after announcing their engagement (Picture: JOHN STILLWELL/AFP/Getty Images)
Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Camilla proudly shows off her engagement ring (Picture: Anwar Hussein/WireImage)
Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Prince Charles and Camilla, the Duchess Of Cornwall walk with HM Queen Elizabeth II after their Service of Prayer and Dedication following their marriage at The Guildhall, at Windsor (Picture: ROTA-Pool/Getty Images)

The engagement ring value:

Deborah Papas estimates: The estimated value of this ring is approximately £220,000.

Whilst a little bit of difference in the quality can make a big difference in the price; I would image such an important piece of the Royal Familys historic jewellery collection, would be of very high quality and emerald-cuts tend to be high clarity due to their “transparant” appearance and less of the “sparkle” seen in a brilliant-cut diamond.

The wedding ring value:

Papas adds: After Charles and Dianas wedding, the Queen received just over an ounce further of the rare Clogau gold so that future wedding rings could be made for the Royal family. The Duchess of Cornwalls wedding band was therefore made from this gold and carries the same value.

Engagement announcement: Thursday 10 February 2005

Marriage: Saturday 9 April 2005

ZARA TINDALL

GOLD COAST, AUSTRALIA - JANUARY 08: Zara Phillips pictured at the Magic Millions Polo Event on January 8, 2017 in Gold Coast, Australia. (Photo by Jason O'Brien/Getty Images)
Zara Phillips wedding and engagement rings (Picture: Jason OBrien/Getty Images)

The bespoke diamond and platinum ring Mike proposed to Zara with was created by a jeweler with his input.

It featured a single solitaire diamond sitting on tens of pave set diamonds on a split shank of band of platinum.

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Zara Phillips and her fiance Mike Tindall pose at their Gloucestershire home, after they announced their engagement (Picture: Tim Ireland – WPA Pool/Getty Images)
Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Mike Tindall and Zara Phillips leave after their wedding ceremony at Canongate Kirk in Edinburgh (Picture: DYLAN MARTINEZ/AFP/Getty Images)

The engagement ring value:

Deborah Papas estimates: The estimated value is £25,000, but this could be a lot more depending on the weight of the centre stone, which is unknown.

The wedding ring value:

Papas adds: Zaras wedding band is likely a platinum band to match her engagement ring. Depending on whether or not this is a branded piece, it could be worth anything from £1,000 to upwards of £1,500. Unbranded, it could be a little less.

Engagement announcement: Tuesday 21 December 2010

Marriage: Saturday 30 July 2011

MEGHAN MARKLE

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Meghan Markles ring was designed by Prince Harry (Picture: Samir Hussein/Samir Hussein/WireImage)

Prince Harry designed Meghan Markles engagement ring himself, using diamonds which belonged to his mother Diana, Princess of Wales.

There are two brilliant cut outside stones of around 0.75ct each which came from the late princess personal collection. At the centre of the ring is a large, cushion cut diamond of around 3.5cts from Botswana, a country that holds special significance for Harry, who has visited many times since he was a child.

It is also a place where the couple had spent time together over the last year and a half, Kensington Palace said.

Meghan Markle's flat has gone on the market
Prince Harry poses with Meghan Markle following the announcement of their engagement in November 2017 (Picture: EPA/FACUNDO ARRIZABALAGA)

Like his grandfather, Harry opted against using a coloured gemstone in Meghans engagement ring.

Jeweler Cleave And Company created Meghans stunning three-stone engagement ring with Harry. And they vowed they wont be making the same style for anyone else, saying in the aftermath of Harry and Meghans engagement: Were not going to be making replicas of it. If you want a ring, then well design you a different one.

Of Meghans wedding ring, Deborah Papas commented: We are yet to see what ring Meghans will be but all the aforementioned have been simple plain bands and if followed, would match very well with the yellow gold shank part of Meghans engagement ring.

However, Meghan has her own desires of jewellery from Canadian jeweller Birks, so will she have a ring made by them? Whatever is chosen, I am sure it will complement the beautiful three diamond engagement ring but I suspect it will be a plain band of Welsh gold of similar width the engagement ring shank. After all, that is all that ring needs.

The value:

Deborah Papas estimates: Depending on the quality, it could easily be valued as high as £250,000.

While a monetary value can be estimated by gemologists, as with all of the royal engagement rings – considering the history and the owners of the stunning pieces – their real value is surely priceless.

Engagement announcement: Monday 27 November 2017

Marriage: Saturday 19 May 2018

PRINCESS EUGENIE

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
A close up of Princess Eugenies engagement ring, which was gifted to her by fiance Jack Brooksbank (Picture: EPA/Jonathan Brady)

Princess Eugenies ring features a padparadscha sapphire which is surrounded by 10 brilliant cut diamonds and two pear cut diamonds, to give it an edge to the standard cluster.

Padparadscha is the name given to the corundum gem that bears a mixture of red and yellow, a sort of cross between a ruby and yellow sapphire.

Kate, Diana, Camilla and Meghan - royal engagement and wedding ring values compared
Princess Eugenie and Jack Brooksbank in the Picture Gallery at Buckingham Palace after announcing their engagement in January 2018 (Picture: Jonathan Brady/PA Wire)

This beautiful gem is sought-after and treasured by gemstone experts, considered the rarest and most valuable of all the corundum varieties.

The value:

Deborah Papas estimates: With its carefully faceted cut and the set off with the whitest of white diamonds, this ring could easily be worth over £100,000.

Engagement announcement: Monday 22 January 2018

Marriage: Friday 12 October 2018

Which royal has the priciest engagement ring? – A ranking

Zara Tindall – £25,000

Princess Eugenie£100,000

Sarah, Duchess Of York£150,000 – £200,000

Queen Elizabeth II£200,000

Camilla, Duchess Of Cornwall – £220,000

Meghan Markle£250,000

Diana, Princess of Wales & Catherine, Duchess Of Cambridge£300,000

As with any jewellery, a little bit of difference in quality can mean a big difference in price. Estimating something with a vast tolerance is always difficult without having full sight of it or the full details.

MORE: Prince Harry and Meghan Markle look happy and relaxed as the one month countdown to the royal wedding begins

MORE: Prince Harry and Meghan Markle plan silent nod to Diana during royal wedding ceremony

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