Blake Lively's Engagement Ring

Big Screen heartthrob Ryan Reynolds secretly presented Gossip Girl's lovely Blake Lively with a breathtaking engagement ring shortly before their September 9, 2012 wedding. The press finally caught a glimpse of the stunner the day after the couple's secret wedding in South Carolina. The center diamond is a jaw-dropping, 7 carat, light pink oval surrounded by pave diamonds around a delicate double band. It looks absolutely amazing on Blake's petite hand.

Lorraine Schwartz created the fabulously unique ring under Ryan's direction. She's a favorite jeweler among celebrities and a woman whom Blake calls a personal friend. Schwartz has designed more than a few celebrity engagement rings. Kim Kardashian and Lady Gaga are among the lucky ladies who have received engagement rings designed by this Queen of Bling.

Sometimes chemistry is so strong, people can't help but be drawn together-even if they are already in committed relationships. Such is the saga of Blake Lively and Ryan Reynolds. Blake and Ryan actually met in March of 2010 on the set of The Green Lantern, while Reynolds was still married to Scarlett Johansson. Ryan and Blake meanwhile, were inseparable during filming, acting like best friends (or perhaps soul mates).

In the meantime, Ryan's marriage to Scarlett Johansson suffered the consequences. By December of 2010 it bit the dust. Surprisingly, by that time, But both Blake and Ryan were romantically linked to others. But when The Green Lantern premier took place the following June, their romance rekindled. Blake and Ryan became a hot ticket from then on.

In a spring 2015 interview, Blake Lively called her exquisite pink diamond engagement ring from Ryan her most prized possession. It's obvious that she's still enamored with both her dazzling engagement ring and her handsome husband. They celebrated the birth of their first child, baby daughter, “James" in December of 2014.

Here are the specifics on Blake Lively's ring:

• Center Stone: 7 carat, flawless light pink, oval cut diamond
• Accent Stones: Micro-pave diamonds around a dual shank
• Metal: Rose Gold
• Ring Estimated Cost: $500,000 + (It was at first rumored to be a 12 carat ring worth 2 million dollars.)