It was confirmed last month that Kris was selling the 16.21 carat Lorraine Schwartz diamond ring he gave Kim Kardashian. Well, the ring finally sold for a whooping sum of $749,000. The buyer of the ring is still unknown. According to US Weekly, the bidding of the ring started at $200,000. The ring was originally reported to have cost $2 million but it may seem that the bad publicity surrounding the Kris-Kim divorce may have had an effect on the sale.