Blake Lively Shows Off Engagement Ring on Her First Red Carpet Post-Wedding

10/10/2012 at 01:30 PM EDT

Blake Lively, Ryan Reynolds Married
Blake Lively
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Ring in the new!

Blake Lively has made her first red carpet appearance since her surprise wedding to Ryan Reynolds in September.

On Tuesday, the Gossip Girl actress, 25, attended Chanel Fine Jewelry's celebration of the 80th Anniversary of the Bijoux De Diamants Collection in New York City.

Lively – who paired a silver and pink Chanel gown with Louboutin heels – gave fans and photographers something they've been pining for: a closer look at her stunning pink and white diamond engagement ring!

Sporting grey nail polish, Lively's oval cut diamond ring sparkled as she posed for photos on the black carpet.

The ring, which was created by celebrity jeweler Lorraine Schwartz, features a large center stone flanked by a band of smaller diamonds.

Blake Lively Shows Off Engagement Ring on Her First Red Carpet Post-Wedding| Couples, Blake Lively, Ryan Reynolds

Blake Lively

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"Ryan chose Lorraine Schwartz to help him find a flawless, light pink oval diamond," a spokesperson for the jeweler says. “They worked together to design a custom setting in rose gold and pave diamonds with a nod to deco.”

On Saturday, Lively and Reynolds attended her Sisterhood of the Traveling Pants costar Amber Tamblyn's wedding to actor David Cross.

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