Jewelry Judge Blog
October 22nd, 2013
Just two weeks after confirming her secret engagement to Ukrainian heavyweight boxer Wladimir Klitschko, actress Hayden Panettiere told E! News that she took a lead role in designing her dazzling 6-carat emerald-cut diamond engagement ring. Sporting a distinctive split-shank setting and a diamond-pavé band, the ring is estimated to be worth $500,000.

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"I designed it with Montblanc," she said. "They made me this amazing book where they did a bunch of sketches. I told them my idea over time, and tweaking things here and there, it came to fruition."

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After a bit of prodding on the October 9 edition of LIVE With Kelly and Michael, the petite five-foot-one-inch Nashville star finally admitted that she and her hulking six-foot-six-inch boyfriend were engaged.

"There's a very large diamond ring on your ring finger,” noticed co-host Kelly Ripa. “I'm not sure if you want to announce anything. Does that signify anything? Is that a promise of something?"

“It might be,” Panettiere said coyly, with a giant snake draped over her shoulders. “I think it speaks for itself.”

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The 37-year-old boxer and the 24-year-old starlet met at a charity event and starting dating in 2009. They broke up in 2011, but rekindled their romance this past spring. “It’s like the 2.0 version,” Panettiere told Glamour magazine. It’s believed the couple has been unofficially engaged since March.

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Klitschko retained his WBA, IBF and WBO heavyweight titles on October 5 by outpointing previously undefeated Alexander Povetkin.

The pair has no wedding plans yet, due to Panettiere's busy schedule. The second season of Nashville currently airs Wednesday nights on ABC.