Nicki Swift spoke to Mike Fried, CEO of The Diamond Pro, who evaluated the ring Cher received from Alexander “AE” Edwards on Christmas. According to Fried, the beauty of the ring was not only in the sheer amount of bling. “Any ring with a 6-carat diamond, especially a pear-shaped stone, is definitely a customized ring designed with careful detail,” The Diamond Pro CEO told us. He believed the piece was worked on by experts who put careful thought into the customization. “The diamonds lining the band were chosen to enhance the diamond’s beauty without overpowering it,” Fried said. Fans were understandably impressed by the ring, and so was Fried. “Together, the ring showcases a balance of dazzling excellence and timeless style,” he added.
Similar to Cher herself, Fried believed the ring had staying power that would endure as long as her hit song “Believe.” The diamond expert also gave a valuation of the ring. “The diamond looks to be north of 6 carats and I would estimate the value at $250,000,” Fried said.
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Even though Cher’s new ring had a dizzying amount of diamonds and a potentially staggering price tag, a source close to the “Mask” actor said it was just a Christmas present from Edwards. “They are not engaged,” the insider told E! News on December 27. After initially posting the sparkler, Cher uploaded another Twitter snap of Edwards holding the ring. “I posted this cause his nails are so cool,” she explained.
