The moment we've all been waiting for has finally arrived—Prince Harry and Meghan Markle are officially engaged, and we have another Royal wedding on our hands! Clarence House just announced this morning that everyone's favorite lovebirds actually got engaged earlier this month in London, and plan to wed in Spring 2018 (mark your calendars!). While no specific wedding date has been set yet, these two seem ready to tie the knot ASAP.
Meghan Markle and Prince Harry also made their media debut as an engaged couple this morning in The Sunken Gardens of Kensington Palace, where they posed hand-in-hand for photos. The ever-adorable pair was all smiles, with Markle wearing a stunning white overcoat and nude heels and Harry sporting a dapper blue suit. They were tight-lipped in terms of any proposal details, but both agreed it was "very" romantic.
Now, minor details aside, down to the most important asset on everyone's minds—Markle's engagement ring. Jewelry experts had previously predicted what sparkler Prince Harry could choose for his future bride, and the guesses were pretty spot on compared to the real deal. Behold—the beautiful engagement ring fit for a future Royal.
Harry designed the three-stone stunner for his fiancé himself, which features a center diamond from Botswana, where the newly engaged couple recently vacationed for Markle's birthday, surrounded by two diamonds that belonged to his mother, Princess Diana, on a gold band. Made by Cleave and Company, Markle flaunted the sparkler for reporters during their media appearance while holding Harry's hand.
While Markle's ring is quite the contrast from Kate Middleton's 12-carat oval engagement ring, it definitely suits her more understated jewelry style. Tanya Dukes, jewelry and fashion editor/stylist, originally predicted that the ring would have a gold band, especially since Markle tends to wear yellow gold jewelry often. Dukes also predicted Harry would choose a ring with two side stones for an extra dash of flair. Hindsight is 20/20.
While Princess Diana's engagement ring became off the market when Prince William proposed to Kate Middleton, Harry still followed in his brother's sentimental footsteps by choosing jewels that once belonged to his late mother. But, on the contrary, he decided to steer clear of any bright, colored gemstones, which gemologist Grant Mobley also predicted Prince Harry might do to avoid comparisons to the Duchess of Cambridge's. Honestly, major props to Harry because the result is unsurprisingly absolutely gorgeous. Based on photos of the ring, Mobley estimates the center diamond is approximately 3.00 - 4.00 carats with a slightly elongated cushion cut diamond, and the side stones are most likely oval or round cut diamonds at about 0.75 carats each.
Markle and Prince Harry have tried their best to keep their distance from the press throughout their year-long relationship, but we're still hoping she takes to social media for a buzz-worthy ring selfie. Because we're all dying to see more photos of her stunning new jewel. There's also no word on the cost yet, but we imagine it's worth quite the pretty penny. Color and clarity of the diamond influence the price and value, but Mobley guesses that Harry would pick a stone that's close to flawless. If that's the case, he says the center diamond could cost about $95,000 - $155,000 (£70,000 - £115,000).
See more: Meghan Markle's Royal Title—Revealed!
As for the side diamonds, Mobley surmises that these have an intrinsic value of about $5,000 USD (£3,750) each, but they most likely have an even greater inherent value because they belonged to Princess Diana. "Anything belonging to the 'People’s Princess' is always going to be worth more," says Mobley. "Although many people may not know it, diamonds not only maintain their value over time but they actually appreciate in value, unlike laboratory grown diamonds that have recently emerged in the diamond marketplace."
Cheers to the happy couple, and we'll be counting down the days until they say "I do." They have big shoes to fill after Will and Kate's 2011 nuptials.