J. Lo’s Engagement Rings From Ben Affleck: Price, Carats Compared

Outdoing himself Ben AffleckProposed to Jennifer Lopez for the second time with a new ring — even rarer than the one he gave her in 2002.

Lopez, 52, revealed her engagement on Friday, April 8, in a late night “On the JLo” newsletter. A video showed the “Waiting for Tonight” singer fawning over her ring in slow motion while audio included her whispering, “You’re perfect.”

Affleck, 49 years old, had previously proposed to his GigliIn November 2002, they costar with a rare pink diamond. They didn’t make it down the aisle and broke up in 2004. However, Us Weekly confirmed in May 2021 that the pair reconnected, and nearly 20 years later, the Oscar winner popped the question with a different ring — but it might be even rarer.

Jenny Luker, president of Platinum Guild International USA, estimates that the cost of the green gem is likely double the pink diamond’s price tag.

“Jennifer’s ring appears to feature a natural green diamond, approximately 4-carats, set with side white diamonds on a platinum band,” Luker said in a statement to Use. “Since natural green diamonds are very rare, I would estimate this ring costs at least $5 million.”

Corrine Taylor Davis, a gemologist at Do Amore, said the ring would’ve likely fetched about $3 million at auction. She also assumed that Affleck would have to pay a premium to get a stone of such quality and color. “There is literally nothing else on the market like it,” Davis explained in her analysis. “This means that Ben has been working on this ring for months through private channels.”

The pink Harry Winston diamond, which cost $2.5 million in 2002 (and more with inflation), was rare. According to TikToker, the green diamond is even more rare. Amanda Smith (@dashboardgeology). She explained to her followers how the stone’s stunning color is achieved, which is part of the reason it is so difficult to find.

“The way that you get a green diamond is you have to get a diamond that meets all the criteria of being a gem quality rare diamond to begin with,” Smith explained in a video. “It needs to grow to a large size. It must reach a large size with no visible flaws. It can’t crack, it can’t fracture — things that would make it uncuttable later. So it’s gotta get to that size, it’s gotta grow with those conditions, and then it has to get to the surface.”

All of that made Affleck’s 2002 engagement ring for Lopez very valuable, but the green color is what makes the stone even rarer. “Then, it has to hang out next to uranium and be irradiated by beta or gamma waves for long enough to turn the stone green because that’s how you get a green diamond. It is from radiation, and it’s incredibly rare. That will give you the full depth of color. Good job, Ben,” Smith said.

The color was likely a specific choice on the Argo director’s part. “I always say the color green is my lucky color. Maybe you remember a certain green dress,” Lopez wrote in a previous edition of her newsletter, referring to the Versace gown she wore to the Grammy Awards in 2000. “I’ve realized there are many moments in my life where amazing things happened when I was wearing green.”