Mariah Carey Sold Her Giant Engagement Ring From James Packer 

May 29, 2018 / Posted by:

According to Page Six, Mariah Carey recently sold the diamond engagement given to her two-and-a-half years ago by her then-fiancé James Packer. The ring, which looks like a drink coaster from Liberace’s house, was reportedly a 35-carat diamond worth about $10 million. Mariah got to keep the ring as part of her million-dollar breakup settlement with James. But it sounds like Mariah was more than happy to remove that engagement ring from her collection of jewels.

Mariah’s publicist told Page Six:

“Mariah has been very vocal recently about her choice to move forward in her life surrounded by positivity. That requires leaving emotional and material baggage behind, including an old engagement ring from an ex-boyfriend.”

It would appear she was trying to keep the details about the sale of the ring a secret. A source says that Mariah had one of her business people quietly sell the ring on her behalf and made the Los Angeles jeweler who purchased the ring sign a confidentiality agreement. It’s rumored they bought it for $2.1 million.

Mariah probably thought they’d be done with the ring then they sold it. But the jeweler who bought it is reportedly trying to sell it now, and her people have threatened legal action if her name is mentioned in the sale. Like if it’s being marketed as “The ring which once perched atop Mariah’s dainty claw.

A source also says that Mariah didn’t sell the ring because she’s hard up for cash. The source stresses that Mariah isn’t desperate for money, because she’s rich in houses and tour money. As for the rumored $2.1 million sale vs. its rumored $10 million value, the source claims that the ring was worth “way less” than $10 million. Well that sucks for Mariah. She probably thought she was going to make bank on that ring. This is why you always sell your diamonds at a fancy auction. So that the trashy mistress of millionaires can bid at least 200% over what they think it’s worth in an attempt to fit in society.


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