Nick finally put a ring on Vanessa’s finger — but how much did it set him back?

On Friday, Vanessa Minnillo debuted her engagement ring from fiance Nick Lachey. A source told UsMagazine.com that the ring is a platinum, Asscher cut diamond with trapezoids on the side from designer Bader & Garrin.

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Jewelry expert Michael O’Connor tells UsMagazine.com that the center stone is approximately 4 carats. “The platinum setting…makes this a classic ring, but the trapezoid diamonds give it a modern twist,” O’Connor adds.

Estimated price tag: $125,000.

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Minnillo, who turns 30 on Tuesday (Lachey turns 37 the same day), “loves” the ring, a source tells Us.

The newly engaged pair are “so happy, doing great,” the source adds. “Thrilled about it.”

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