Kim’s Engagement Ring Is Valued At...

You can’t propose to Kim Kardashian without dropping some serious cash on the ring!

And Kris Humphries did just that!

Sources say that the ring, designed by Lorraine Schwartz, is made up of a 16.5 carat emerald cut center stone nestled between two 2-carat trapezoids for a total of 20.5 carats.

The price? More than $2 million!!!

OMG.

[Image via Ramey Pix.]