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Kate Middleton's engagement ring cost Â£28,000 when bought by Prince Charles for Diana in 1981. Kate Middleton's engagement ring cost Â£28,000 when it was bought by Prince Charles for the then Diana Spencer in February 1981. In today's prices the oval 18-carat blue sapphire surrounded by 14 diamonds would cost Â£85,000 - although Diana's is priceless.
, CEO at Dubaiwholesalediamonds.com. Princess Dianas engagement ring consisted of 14 solitaire diamonds surrounding a 12-carat oval blue Ceylon sapphire set in 18-karat white gold. At the time is cost 28,000 pounds and was bought from Garrards existing collection. Views Â· View Upvotes.