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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.
Rumors about Kate Middleton's royal wedding dress designer, the cake -- or cakes -- food and decorations will soon all be put to rest. But what might never be known is the precise cost of the whole affair, with estimates ranging from $16 million to $64 million and security accounting for the bulk of it.