All the Details on Blake Lively’s Engagement Ring, From the Size to the $2 Million Price Tag. Ryan presented his bride-to-be with a dazzling 12-carat oval-cut diamond set in rose gold. The beauty of pavé settings is that they can be added to almost any ring style and instantly make them much more visually impressive. Her engagement ring only sported one band of diamonds, but the couple added another diamond-studded band as Blake Lively's wedding ring. Its seven-carat pink diamond is an extremely rare gem, and the delicate rose gold and pave diamond setting showcases it perfectly. 3.00 Ct Moissanite Engagement in 10KT White Gold, Oval Forever One , Oval Cut Engagement Ring, Blake Lively Engagement Ring, Gift For Her JandJJeweller. Blake Lively’s Engagement Ring Not only did Blake bag herself a gorgeous husband when actor, Ryan Reynolds, popped the question in 2012; she got an equally gorgeous engagement ring! Like many other celebrity engagement rings, Blake’s was designed by jeweler Lorraine Schwartz. They stunned fans earlier this month when it was revealed they had tied the knot in a secret ceremony. The ring now dazzles with two glimmering diamond bands. And while pictures of Blake Lively and Ryan Reynolds' wedding have yet … In fact, Ryan Reynolds proposed with an accessory that has a multi-million-dollar price tag. Blake Lively's engagement ring has a pavet band in 14k rose gold. Blake’s engagement ring is a solitaire pavé band in 14k rose gold. Blake Lively was recently dishing with British Vogue, and she said that of all her many possessions—including a dress from the wardrobe of every character … A pavet band is aband covered with diamonds all around--let's just say this ring really sparkles! (Yes, you read that right.) Some celebrities have engagement rings valued as high as our annual mortgage payment, and Blake Lively is no different. Blake Lively is widely regarded as the first big celebrity to rock a rose gold engagement ring, setting a huge bridal trend into motion. While details of their proposal remain securely under wraps, it’s no secret that Blake’s engagement ring from 2010’s “Sexiest Man Alive” is a stunner. And … Jeweler Lorraine Schwartz also happens to be a close friend of Blake’s, so it makes sense that Reynolds went to her when it was time to pop the question. From shop JandJJeweller. Blake Lively’s engagement ring is a little smaller than those worn by contemporaries, but don’t let that fool you. Trio Micropave Diamond Engagement Ring in White Gold from Blue Nile, $1,060 (setting only).