Jennifer Aniston Engagement Ring: Justin Theroux Splashed $500k on Massive Sparkler, Says Jeweler (EXCLUSIVE)

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Jennifer Aniston Engaged!
The actress is set to wed beau Justin Theroux. Read More »

Jennifer Aniston's hefty engagement ring may have cost fiance Justin Theroux a whopping $500,000, according to designer Peter Meksian.

“Looking at the ring, it’s a basic solitaire and a beautiful diamond," Meksian,  CEO and designer with the Michael M collection, told Celebuzz exclusively on Monday.

Meksian added that the ring, which he estimated to be eight or nine carats, looks like a radiant cut, which is similar to emerald but with cut edges.

“With emerald and radiant cuts, the larger the diamond gets, the more popular the stone cut is.”

In other words: Aniston is likely very happy with her soon-to-be-husband's selection.

"Buying a half-a-million-dollar diamond definitely shows someone how much you love them. I'm sure she's happy," said Meksian.

Aniston flashed her ring Saturday afternoon in Santa Fe, where she is currently filming her new movie We're the Millers. The film opens in 2013.

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