Kate Middleton and Prince William

It's the same engagement ring worn by Prince William's late mother, Diana, Princess of Wales, when she got engaged to Charles, Prince of Wales in 1981. The sapphire is fringed by 14 tiny diamonds and cost around $45,000 at that time. It's not unique or extravagant by royal standard, but today, it's priceless and among the most famous engagement rings ever.

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