Ariana Grande is engaged and hello, hi, we need to talk about her ring. As you likely noticed due to the Instagram announcement popping up literally all over the internet, Ariana’s boyfriend Dalton Gomez gave her a truly massive oval-shaped diamond set next to a single pearl.

    On the .0001% off chance you missed it, here ya go:

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    So…what do we know about this ring? Experts are already sounding off, with luxury jewelry retailer Denis Stepansky telling Entertainment Tonight that “Judging by the picture the oval diamond is about 5 carats. Such a ring with top quality 5 carat oval diamond will be worth around $200,000-$250,000.”

    Meanwhile, ET notes that fans think the pearl in Ari’s ring could be the same one she got from her grandmother (which was originally from her grandmother’s tie pin) since they look pretty similar:

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    Ari hasn’t confirmed the pearl’s origin, but either way I was *not* prepared for this level of emotion so early on a Monday morning.

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