It is huge!! Hayden Panettiere's Ring

Hayden Panettiere finally confirmed the news that she's engaged to on-again beau, 

Wladimir Klitschko ... and now she's eager to flash her massive engagement ring.

The guy, Wladimir Klitschko is sometimes called a doctor. 

yes, He is strong and smart. 

For a woman, he is the presence that… 

The "Nashville" star displayed her huge diamond 

while returning to the Trump Soho Hotel in New York on Oct. 9, kindly greeting fans 

after announcing her big news on "Live! With Kelly and Michael." 

The 24-year-old was all smiles, and there's reason for it -- her ring is allegedly worth 

$500,000.   (Yes, $500,000).

According to E! News, Chris Capri of Capri Jewelry Inc.

The DIAMOND: 

  estimates the ring to be around 6 carats.

"The diamond is an emerald cut, 

which automatically requires a very high clarity grade," he says. 

"The ring looks to be rose gold with a split-shank setting."

Anyways, I wish their's happiness.