Hailee Steinfeld’s incredible $500,000 diamond engagement ring from fiance Josh Allen is incredible.

The actress flashed the big sparkly rock on Thursday evening when in New Orleans at the 2025 NFL Honors.

Allen was honored as MVP.

Olivia Landau, a fourth-generation GIA-certified gemologist and founder of The Clear Cut, shared her expert analysis of the ring’s details with DailyMail.com.

According to Olivia, ‘Hailee’s engagement ring appears to be about a 3.5-4ct Round Brilliant Diamond set in a thin platinum solitaire setting. Her engagement ring is timeless and traditional. She opted for a classic ring vs following trends.’

This comes after he was seen planting a smooch on his lady love inside the event.

The couple – who have been tipped to be the NFL’s next power couple set to rival Travis Kelce and Taylor Swift – announced their engagement three months ago.

The Marvel actress stunned in a chic in a sleek, sleeveless black dress.

The beauty looked breathtakingly elegant, compliment the mid-length gown’s plunging neckline with a diamond statement necklace.

Steinfeld, who wore her brunette tresses to one side, rounded off the jaw-dropping look with a sleek pair of black patent court shoes and, of course, her eye-catching engagement ring.

Meanwhile, the signal caller complimented his fiancee in a black suit, matching tie and crisp white dress shirt, beaming as he clasped her hand.

The loved-up couple could be celebrating later this evening with Allen among the five finalists for the league’s MVP award – one of the highest honors in football.

The NFL’s MVP award is handed to the player considered the most valuable throughout the regular season, with voting for the prize held before the playoffs get underway.

Allen faces tough competition from Baltimore Ravens quarterback Lamar Jackson, Cincinnati Bengals’ Joe Burrow, Detroit Lions’ Jared Goff and Philadelphia Eagles running back Saquon Barkley – the only non-quarterback in the running.

While Allen won’t be securing a championship ring come Sunday, the quarterback ensured there would be at least one amid his MVP-caliber season.

He got down on one knee against a glorious coastal backdrop during the Bills’ bye week earlier this season.

The quarterback previously revealed that, despite his cool demeanor, he was surprisingly shaking in his boots.

‘I was very nervous,’ Allen said. ‘I think I was most nervous about you finding out about the proposal. It was hard to keep secrets from you and have other people in your life keep secrets from you.

‘Then multiple times throughout the day a song would come on and I would tear up thinking about how special our day was going to be.’

The couple were first spotted together in May 2023, shortly after Allen split from longtime girlfriend Brittany Williams.

Steinfeld, who enjoyed her breakthrough with an Oscar-nominated performance in True Grit, was seen alongside the quarterback in New York City.

They have since spent time in Mexico and at Paris Fashion Week but Allen and Steinfeld have – for the most part – kept their romance under wraps.

Allen had previously been in a years-long relationship with influencer Williams with the former couple splitting last year amid allegations of infidelity.