Why Is Blake Lively So Happy? She Landed The Hunky Green Lantern And A Dazzling 12-Carat Pink Diamond Ring

By: Kelly York

When they met last year on the set of Green Lantern, he was the masked and muscular title character and she was his beautiful love interest, Carol Ferris. Now a year later, actor Ryan Reynolds and actress Blake Lively have made it official, as they wed in South Carolina on September 9, vowing to “support and love each other and to make each other laugh.” People Magazine was on the spot when the Gossip Girl starlet flashed her breathtaking engagement ring on Sunday in Charleston, S.C. Instantly, the internet was buzzing about how big the diamond was and how much it cost. The ring, which was designed by celebrity jeweler Lorraine Schwartz, features a flawless oval-cut pink diamond supported by delicate rose gold bands circled with smaller white diamonds. A jewelry expert told Celebuzz.com that the ring "looks particularly brilliant." He estimated the diamond total weight to be roughly 12 carats and guessed that the retail value of the ring was somewhere between $1.2 and $2 million. A spokesperson for the jeweler said that Schwartz and Reynolds "worked together to design a custom setting in rose gold and pavé diamonds with a nod to deco.” Lively also wears a matching rose gold wedding band accented by a series of delicate diamonds. Reynolds, 35, was previously married to another Hollywood starlet, Scarlett Johansson. Although this was the Lively's first trip down the aisle, the 25-year-old has been linked romantically to actor Leonardo DiCaprio and Gossip Girl co-star Penn Badgely. Visit Ben David Jewelers on Facebook Visit BenDavidJewelers.com Find us on Pinterest.