View Gallery→35 Photos

Tweet

Hollywoodlife.com has the first look at Miley’s $100,000 Neil Lane engagement ring! What a beauty!

Miley Cyrus playfully tried hiding her ring during an outing in Los Angeles on Wednesday June 6, but we managed to snag a peek!

Miley and her fiance Liam Hemsworth announced their engagement this morning as the former Disney star told People, “I’m so happy to be engaged and look forward to a life of happiness with Liam.”

We reported earlier that Mitchell Egenberg, diamond expert and jeweler to the stars, estimated the ring to be valued at approximately $100,000! And from the looks of the ring, a cushion-cut stone set in an “Art-Nouveau”-inspired gold band, we can see why! It’s stunning!

What do YOU think, HollywoodLifers? Are you a fan of Miley’s ring?

More on Miley:

1. Liam Hemsworth Proposed — He Made Miley Cyrus’ Dreams Come True
2. Miley Cyrus & Liam Hemsworth Already Living Together — New Report
3. Miley Cyrus’ Engagement To Liam Hemsworth — Fans Congratulate Couple