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Lady Eliot, former fiancee of Earl Spencer, is selling the diamond ring given to her by the royal.

Earl Spencer's former fiancee is selling the diamond ring given to her when he proposed.

According to the Daily Mail, Lady Bianca Eliot has given what was once the royal's token of love to a jeweller's in London, where it is currently on sale for £29,000.

Lady Eliot, widow of Lord Eliot – whose death was the result of an epileptic fit in 2006 – separated from the Earl earlier this year.

A source was quoted in the paper as saying: "Spencer did not ask for the ring back – he said she could do whatever she wanted with it."

The ring was originally purchased for £25,000 and features a large diamond surrounded by small sapphires – the opposite of the ring Prince William proposed to Kate Middleton with, which formerly belonged to the Prince's mother and Earl Spencer's sister, Princess Diana.

Television historian Dan Snow exchanged rings recently with Lady Edwina Grosvenor in a simple Liverpool ceremony.

A statement read that the couple wanted a small wedding only attended by their families.

Two diamond-encrusted iPhones worth £5 million each have been unveiled by a UK designer.

A pair of diamond-encrusted iPhone 4 mobile phones featuring hundreds of the precious stones has been unveiled by a UK designer.

Stuart Hughes of Liverpool produced two of the handsets – worth £5 million each – for an Australian businessman.

They each feature more than 500 individually-cut diamonds, as well as two interchangeable precious stones that cover the main navigation button.

The Apple logo on the back of the handset has been adorned with 53 of the gems and the phones come in their own special box, which has been carved from a single block of granite and lined with leather.

Commenting on his creation, Mr Hughes said making it was "a fantastic challenge".

"I am really pleased with the end result – the phones look superb," he remarked.

Victoria's Secret recently unveiled a diamond-encrusted bra worth $3 million (£1.88 million), which features 2,000 of the stones and is the latest in the lingerie brand's Fantasy Bra line of luxury underwear.

Coleen Rooney has been seen in public for the first time since allegations about her husband’s affair.

Coleen Rooney stepped out in diamond jewellery yesterday (September 7th) as she was seen in public for the first time since her husband's infidelity was revealed.

The 24-year-old WAG sported a pair of diamond earrings as she left her parents' house in Huyton, Liverpool to visit disabled sister Rosie in hospital.

She teamed the diamond jewellery with a gold chain and wore tight blue jeans and a beige jacket.

There was nothing in her expression to give away how she feels about Wayne's alleged fling with another woman, which occurred two years into their marriage after they fell in love as childhood sweethearts.

Coleen had a scarf over her wedding ring finger to conceal whether or not she was still wearing her band and diamond ring.

Fellow WAG Abbey Clancey has been wearing her diamond engagement ring.

She was spotted with the rock on her finger as she dined with fiance Peter Crouch last week following allegations about his infidelity.