As their engagement was announced earlier today, it has been revealed that Prince William, the heir to the throne, has given his fiance the ring his mother wore when she also got engaged to his father, Prince Charles back in February of 1981.
This is a blue sapphire and diamond engagement ring. It looks really simple, but definitely big and valuable. It was said to be about $65,000 when his mother wore it. Now the ring is pegged at $110,000 according to reports.