Shanna Moakler auctioning off engagement ring from Travis Barker

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Shanna Moakler’s engagement ring from Travis Barker is hitting the auction block.

The former Playboy model is selling her 4-carat diamond ring and starting the bidding at $51,000 because she’s ready to move on from that “chapter” of her life.

“I think it is a beautiful piece and truly was my dream ring,” the “Celebrity Big Brother” alum told Us Weekly 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!”

Moakler, 47, is auctioning the impressive piece of jewelry — a 4.01-carat round-cut Cartier sparkler — on The auction begins Friday, May 27, and runs until Tuesday, May 31, but could be extended depending on the level of interest.

“I’m hoping it sells for $120,000. It was worth about $160,000,” the former pageant queen told the magazine.

Despite the timing of the auction — the Blink-182 rocker just married Kourtney Kardashian in Italy — Moakler insisted the sale has nothing to do with her ex-husband moving on with another woman.

“I’m sure people would assume that [it’s related to the wedding], but I simply wanted to find a proper seller and is the most professional and I know will give this piece the attention it deserves,” she explained.

Moakler and Barker got engaged at Disneyland’s Haunted Mansion and married in 2004. Barker, 46, filed for divorce two years later but the duo reconciled twice before finalizing their split in 2008.

The former couple share son Landon, 18, and daughter Alabama, 16. Barker is also close with Atiana De La Hoya, 23, Moakler’s daughter from a previous relationship.

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