Chelsea Clinton's Engagement Ring

(Update, April 27, 2010: Chelsea Clinton's diamond engagement ring photos are finally making the rounds. See for yourselves, jewelry hounds!)

Jewelry hounds, I'm shocked, sickened and - well - wondering if there is a man left in America who doesn't text strippers when their wives aren't looking. If Jesse James finds it necessary to cheat on Sandra friggin Bullock, it makes it hard to get excited about anyone wanting to find eternal bliss.

But just when the dark clouds began to take over my mood today, this ray of sunshine crossed my path:

Chelsea Clinton's engagement ring was spotted!

Apparently the diamond rock drew a crowd backstage at this weekend's Women in the World: Stories & Solutions conference. According to the New York Post, Clinton was surrounded in the green room by host Tina Brown, Diane von Furstenberg and Barry Diller, who all admired her bauble from fiancé Marc Mezvinsky.

Chelsea's future mother-in-law, Marjorie Margolies-Mezvinsky, was repeatedly asked, "Where are they getting married?" But she politely replied, "I can't say."

What I'm asking is: What's the carat count Chels!?!

I'll be on the lookout for the first photos, so stay tuned. What's your guess? It drew gasps from the uber-wealthy Barry Diller, so I'm thinking 3 plus carats? Or is that too over the top for the normally understated First Daughter?

(And now back to sitting shiva for Sandra...Sigh.)

Weigh in!