'She might sell it and bag the money': Celebrity jeweller says Mariah Carey's $10m engagement ring from James Packer is worth even MORE after she confirmed split from billionaire

By Monique Friedlander For Daily Mail Australia

Published: 19:25 EST, 28 October 2016 | Updated: 19:54 EST, 28 October 2016

She has been spotted wearing her $10m engagement ring despite having split from her billionaire fiancé James Packer last month.

But Mariah Carey could potentially make a healthy profit from the diamond sparkler, according to celebrity jeweller Tobias Kormind, managing director of 77 Diamonds.

Speaking to Daily Mail Australia, Tobias suggested Mariah would be able to earn a premium on the cost price of her ring if she chose to sell it.

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'She might sell it and bag the money': Celebrity jeweller Tobias Kormind told Daily Mail Australia that Mariah Carey (R) could earn a premium on the cost price of her $10m engagement ring from ex-fiancé James Packer (L) if she chose to sell it

'If Mariah now wants to spite her fiancé James Packer for dumping her, she might just sell her engagement ring and bag the money – given her celebrity status, jewellery she has owned is likely to fetch a premium if it comes on the market,' he explained.

'On the other hand, if she doesn’t need the money, she might just keep the diamond and transform it into a totally different piece of jewellery, attaching the piece to dreams of her future, rather than the disappointments of her present.'

When quizzed about the possible cost of Mariah's ring, Tobias said: 'Mariah is known for seeking perfection – her ring appears to be 30 carats in size, so assuming it is of the highest colour and clarity, a ring of this size and quality would generally be priced in excess of £5m (US$6.1m)'

'A potential buyer might need to add £3m (US$3.7) to that price, taking it to a cool £8m (US$9.75)': Tobias suggested Mariah's celebrity status makes the ring more valuable

'But given the stone’s rarity and the identity of its A-list owner, a potential buyer might need to add £3m (US$3.7) to that price, taking it to a cool £8m (US$9.75).'

Meanwhile, TMZ has reported that Mariah is insisting upon a $50million pay off from Australian billionaire James following their split.

Mariah is said to think he owes her for uprooting her two children from New York to Los Angeles, so Packer could be near his own children.

Rumour mill: Meanwhile, TMZ has claimed that Mariah is insisting upon a $50million pay off from James Packer following their split. Pictured in January 2016

The report claims James also made financial promises to Mariah during their romance, which she wants him to honour.

The power couple became engaged in January in New York City after a whirlwind romance of less than a year.

Despite their high-profile relationship, James and Mariah did not provide many details about their wedding.

Cash woes: The report claims James also made financial promises to Mariah during their romance, which she wants him to honour. Pictured in May 2016

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