Lady Gaga's engagement ring with Michael Polansky is a stunning oval-cut diamond, estimated to be around 8 to 10 carats, with some expert estimates suggesting it could be as large as 20 carats. The ring is set on a pavé diamond band, likely made of 18-karat white and rose gold, and is valued between $500,000 to $2 million depending on the exact size of the diamond.
