The moment we've all been waiting for has finally arrived—Prince Harry and Meghan Markle are officially engaged, which means we have another royal wedding on our hands! Clarence House announced this morning that the couple actually got engaged earlier this month in London, and plan to wed in Spring 2018. No specific wedding date has been set yet.

Meghan Markle and Prince Harry also made their media debut as an engaged couple this morning in The Sunken Gardens of Kensington Palace, where they posed hand-in-hand for photos. The ever-adorable pair was all smiles, with Markle wearing a white coat by Canadian label Line over a green dress from P.A.R.O.S.H. with a pair of Kate Middleton-approved nude heels by Aquazzura (as identified by Fashionista) and Harry sporting a dapper blue suit. They were tight-lipped in terms of any proposal details, but both agreed it was "very" romantic.

Now, minor details aside, down to the most important asset on everyone's minds—Markle's engagement ring. Jewelry experts had previously predicted what sparkler Prince Harry could choose for his future bride, and the guesses were pretty spot on compared to the real deal.

Chris Jackson

The ring was made by Cleave and Company, but Harry designed the three-stone stunner for his fiancé himself, which features a center diamond from Botswana, where the newly engaged couple recently vacationed for Markle's birthday, surrounded by two diamonds that belonged to his mother, Princess Diana, on a gold band. The value of the ring has not been confirmed.

While Markle's ring is quite the contrast from Kate Middleton's 12-carat oval engagement ring, it definitely suits her more understated jewelry style. Tanya Dukes, jewelry and fashion editor/stylist, originally predicted that the ring would have a gold band, especially since Markle tends to wear yellow gold jewelry often. Dukes also predicted Harry would choose a ring with two side stones for an extra dash of flair. Hindsight is 20/20.

While Princess Diana's engagement ring wentoff the market when Prince William proposed to Kate Middleton, Harry still followed in his brother's sentimental footsteps by choosing jewels that once belonged to his late mother. However, he decided to steer clear of any bright, colored gemstones, which gemologist Grant Mobley also predicted Prince Harry might do to avoid comparisons to the Duchess of Cambridge's.

Now, it's time to speculate about Markle's future wedding dress.

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