WOAH! Miley Cyrus Is Ballin With New Engagement Ring! (PHOTOS)

After Liam Hemsworth popped the big question to longtime girlfriend Miley Cyrus, details on the 19-year-old's beautiful ring have now been released!

MAZEL TOV! Miley Cyrus & Liam Hemsworth Engaged!

The 3.5-carat engagement diamond ring was purchased from a well-known jeweler by the name of Neil Lane.

The Hunger Games actor spared no expense when it came to picking out the perfect ring for Miley, wanting something "unusual" and "something really beautiful and romantic," says Lane.

According to the jeweler, the ring was:

"Hand-cut around 1880 or 1890 and it’s unique and in its original form,” adding, “at that time no two diamonds were alike, as they were all hand-cut, so it’s fascinating to look at because it hasn’t been re-cut to look contemporary over the years. I find that really romantic.”

The teen pop star is elated with the ring and the proposal. She recently tweeted:

“I love you more today than yesterday but I love you less today than I will tomorrow.” 

Not leaving out her adoring fans, she thanked them for their support:

"Thank you for all the love today :) I'm happy to share this news with you all. I feel like all my dreams are coming true. have a great day."

PHOTOS: Billboard Music Awards 2012: Miley Cyrus Goes Retro On The Red Carpet!

So how does one like Miley celebrate her engagement? A girls' night out!

Yesterday, the "Party in the USA" singer hung out in Studio City at Hugo's Restaurant with all of her closest girlfriends.

We couldn't be happier for the couple. Next up, dress shopping!

SOURCE: Celebrity Gossip