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Shanna Moakler is auctioning off her Cartier engagement ring from ex-husband Travis Barker!

Posted by Leticia, 31 May

Shanna Moakler seems to be making lemonade out of lemons, as she is auctioning off her engagement ring from ex-husband Travis Barker!

We guess now's the best time to do it, seeing as the 46-year-old Blink 182 drummer, who she was married to between 2004 and 2008, is now officially married to 43-year-old Kourtney Kardashian!

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The 47-year-old former Celebrity Big Brother contestant described the stunning four-carat round-cut Cartier ring as "iconic" and is starting the bidding on worthy.com at $51,000.

"I think it is a beautiful piece and truly was my dream ring," Moakler said in a statement.

"However, that chapter of my life is over and even though wearing it at one time brought me great joy, I hope it will find a new home and continue to bring someone as much happiness as it once did to me.

"It’s truly an iconic ring!"

The auction officially began on Friday, May 27th and is currently due to end on Tuesday, May 31st, but Shanna said that it could go on a little longer depending on how much interest it gets…

We wonder if Shanna will end the listing on Tuesday if she gets the amount she is hoping for, as she told US Weekly that she was "hoping it sells for $120,000. It was worth about $160,000."