Scheana Shay Speaks Out About the Cost and Color of Her Engagement Ring: 'I Didn't Want a Diamond' Defending the ring on Twitter, the Vanderpump Rules star asked her critics, "It's still 12.74 ...

A single carat of morganite costs about $300, while a diamond carat can cost $2,000 or more. For example, when Ben Affleck proposed to Jennifer Lopez in 2002, he did it with a 6.1-carat pink ...

Designed by jeweler Kyle Chan (a friend of the Vanderpump Rules cast), the engagement ring features a 12.74-carat rectangular cushion-cut rare fancy pink morganite center stone.