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Reese Witherspoon Gets 4-Carat $450,000 Engagement Ring From Fiancé Jim Toth!

Thu, December 30, 2010 9:29am EDT by 1 Comment

Reese had an amazing holiday! She didn’t just get engaged — she also got a rare sparkler from fiancé Jim!

Reese Witherspoon‘s fiance Jim Toth proposed to her this holiday season with a 4-carat Ashoka diamond engagement ring set on a pave diamond-and-platinum band. “It cost about $450,000, maybe even more,” Robert DiMattina, owner of Diamond Images USA, Inc. in Miami, Fla. tells

“In the past year, the retro look in diamonds has been very popular,” Eve Goldberg, co-owner of William Goldberg Diamond Corporation (the jeweler that custom-designed the ring) tells People. “It’s a very elegant cut and it has an old feel to it.”

The jeweler notes the center diamond is extremely rare and less than 10 percent of diamonds can be cut in this unique shape per year. (This style displays 62 cut angles!)

Reese, 34, began dating Jim, 40, in January after her relationship with Jake Gyllenhaal fizzled out. She was married to Ryan Phillippe and has two children — Ava, 11, and Deacon, 7. This will be the first marriage for Jim, 40, an agent with CAA.

– Lindsey DiMattina