28 January 2014 11:31 AM, PST | E! Online | See recent E! Online news »

Bling bling! The newly engaged Amber Heard was all smiles while watching fiancé Johnny Depp perform at a private charity event in Anaheim, Calif., and for good reason. Of course, being head over heels in love will bring a smile to anyone's face, but a gorgeous diamond ring certainly helps, too! We tapped Zaven Ghanimian, marketing director of Simon G. jewelry, to get an expert's opinion on Heard's heavenly bling.  "This looks like a five-carat ring. I can't tell the shape or color of the ring or the stone from the picture," he assessed of the impressive piece. "If we assume it's a white oval diamond in the five carat range, the price would be »

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