Peter Philips announced his engagement to Harriet Sperling on Aug. 1, and he proposed with a ring that would have made his grandmother proud. The eldest grandchild of the late Queen Elizabeth and Prince Philip, Peter selected the engagement ring from the world-famous Mayfair jeweler Pragnall, which has major connections to the royal family.

Princess Anne’s son, Peter Phillips, is engaged to Harriet Sperling after one year together. "Mr. Peter Phillips, the son of HRH The Princess Royal and Captain Mark Phillips, and Ms. Harriet Sperling,

Peter Phillips and Harriet Sperling are engaged! And according to diamond pro Mike Fried, Princess Anne's son spent some serious bucks on the meaningful ring.