Jessica Simpson's Red Hot Engagement Ring

Not a week has gone by since Vanessa Minnillo started flashing her huge Asscher-cut engagement ring from Nick Lachey, and that wily Jessica Simpson goes and one-ups her with her own ring finger news - namely, a ruby red engagement rock from her beau of six monhts, Eric Johnson.

Meow!

Another 'shocker'? Simpson's ring comes from celebrity designer, Neil Lane, who seems to have a monopoly on newsworthy engagement rings these days. And this one is a real tongue-wagger.

Here's the blingy backstory:

 “Eric wanted the most romantic, beautiful, special ring for Jessica,” Lane tells PEOPLE. The result? A three-stone Lane sparkler with a stunner of a central ruby flanked by two pear-shaped diamonds - each stone weighing over 5 carats. Estimates put the ring at around $100,000, (which is a bit less than the rock Vanessa got. But who's counting?)

While the ruby just so happens to be Simpson’s birthstone (she was born in July), the gem “represents love,” says Lane. “The ruby is a stone of love and it is the most romantic gem and it’s very rare and very, very special.”

Stealing the spotlight from your ex? Also special.

Who's dreaming of a 'red' Christmas? You know who you are! Here are a few affordable buying options:

Still not sold? Click here to see the other singing celeb who recently got hitched with a ruby on her ring finger.

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