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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.
They were engaged in October 2010, while on a private holiday in Kenya; Prince William gave Middleton the same engagement ring that his father had given to William's mother, Diana, Princess of Wales âan 18-carat white gold ring with a 12-carat oval ceylon sapphire and 14 round diamonds.