Karina Smirnoff shows off $95,000 engagement ring from Brad Penny

karina-smirnoff-engagementring.jpg "Dancing With the Stars" pro Karina Smirnoff revealed this weekend that she is engaged to baseball player Brad Penny of the St. Louis Cardinals -- and she flashed her glamorous new engagement ring to seal the deal.

Us jewelry expert says Smirnoff's ring is a 4.5 carat princess cut, center stone diamond on a platinum band, with smaller channel-set princess cut diamonds. It cost approximately $95,000.

Penny surprised Smirnoff at what she thought was a business meeting with the proposal. "I'm the happiest I've ever been and Brad is the sole reason for that," she says.

"I was in the middle of the show and had no clue what was cooking behind my back," she continues. "Even after Brad got down to one knee and opened the box with the ring, it still didn't register."

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