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Replicas of Kate Middleton's Ring Have Arrived

Prince William and Kate Middleton arrive to pose for photographs in the State Apartments of St. James Palace on Nov. 16, 2010, in London. CBS/Getty Images

NEW YORK (CBS) The frenzy surrounding Prince William's engagement to Kate Middleton has spread from newspaper covers to commemorative china to, now, replicas of Middleton's engagement ring.

The ring, an oval sapphire surrounded by diamonds that once belonged to Princess Diana, is the inspiration for similar pieces being sold at both ends of the price spectrum.

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Starting on Saturday, QVC will be selling a "Princess Simulated Sapphire Ring" by Kenneth Jay Lane. The ring will be available on its website and sells for $34.50.

For royal watchers looking for a replica in a higher price bracket, New York's The Natural Sapphire Company is also selling its own pieces inspired by Middleton's ring. Versions on its website start at $1,000 and go up from there.

Scroll down to see pictures:

QVC's "Princess Simulated Sapphire Ring" by Kenneth Jay Lane QVC
Sapphire rings are displayed at New York's Natural Sapphire Co. on Nov. 17, 2010, in New York. Spencer Platt/Getty Images

More on the royal engagement:
Prince William and Kate Middleton are Engaged
Who is the New Princess-to-Be?
Two Royal Weddings in One Season
Which Royal Title for Kate? Timing of Wedding Is Crucial
Kate Middleton Has Princess Diana's Ring
A Look Back at Charles and Diana's Wedding
Engaged William and Kate Make Public Debut
Prince Harry Was First to Congratulate His Brother
Royal Engagement Announced on Twitter
Kate Middleton: Princess Diana is Inspirational
Engagement Sets off Media Frenzy