Penelope Cruz in Engagement Ring Bling?

A kuckle-sized sapphire and diamond ring was spotted on Penelope Cruz's ring finger at the New York Film Festival this weekend, but the actress refused to confirm the significance of the stunner, according to People Magazine.

As if impeccable genes, an uber-successful career and and Oscar weren't enough, Cruz has the audacity to get super sexy, Javier Bardem, as her longtime love and possible husband. It's a cruel, cruel world, jewelry hounds.

Despite my unattractive feelings of jealousy, I am loving the idea of the non-traditional engagement ring making another star appearance (Princess Diana made the sapphire engagement ring famous back in the day and the trend continues to this day).



Many couples are opting for colored gemstones instead of the traditional diamond these days. They not only make a unique statement, they're often less pricey than their diamond counterparts - especially if you opt for a treated gemstone. Good news for us all, right?

For more info on non-traditional engagement rings, check out the Jewelry.com education section. They break it all down - and then some.