America Ferrera's $70,000 Engagement Ring: All the Details!

Celebrity Style June 18, 2010 AT 10:36AM By UsWeekly Staff

Credit: Jeff Kravitz/FilmMagic.com; Ian Jacobs/WireImage.com

Dazzling!

To win the hand of longtime love America Ferrera, filmmaker Ryan Piers Williams went all out.

The Ugly Betty star flaunted her diamond engagement ring at the Edinburg h Film Festival on Wednesday.

And it's a gem: a 4-carat round-cut diamond in a platinum setting with an estimated $70,000 price tag, according to jewelry appraiser David Mamame of MyJewelryBox.com.

PHOTOS: Celebs share their personal wedding photos

Ferrera and Williams met as film students at the University of Southern California (he cast her in a film) and have been living together since 2007. They share their home with a golden retriever named Buddy -- their "baby," she once told W.

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