From this photo, we know two things: First, Julianne Hough loves her engagement ring. Second, she really, really loves her engagement ring.

Since announcing her engagement to beau Brooks Laich via Instagram, the star has been shy about flaunting her ring finger. Until now, that is. After unabashedly flashing her enormous diamond ring in at Taylor Swift's concert, the newly minted celeb blogger took to her web space to share an up-close of her massive sparkler.

Which may have been unnecessary—by the looks of it, that gorgeous Lorraine Schwartz ring could be spotted from space.

"The beautiful ring is approximately seven carats. It's an oval, brilliant cut diamond mounted classically in a thin platinum band with pave," Morgan Shara, founder and president of Mas Bisjoux jewelers, told E! News exclusively.

And as for the price tag? Shara estimates the rock is worthy a hefty $350,000 retail. Wowza!

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