Ben Affleck and Jennifer Lopez are engaged again—and the stunning ring he picked out for her appears to have an extra special meaning. The singer revealed the engagement in her On the JLo newsletter with an accompanying video, flaunting the massive green stone, which could be worth over $10 million.

In the short clip, Lopez stares adoringly at a massive green-hued gem set in a silver band. And while the singer didn’t give any specifics on the ring, some are suggesting that Affleck might have dropped millions on an incredibly rare green diamond.

“If that is indeed a green diamond, then I am stunned,” Diamond Pro CEO Mike Fried told Page Six. “A green diamond of that size is incredibly rare and would dwarf the value of their previous engagement ring. I would value the ring well over $5 million and could be worth more than $10 million.”

RELATED: Machine Gun Kelly Proposes To Megan Fox With A One-Of-A-Kind Stephen Webster Engagement Ring

If the massive sparkler was a green diamond, it would dwarf the $2.5 million 6.1-carat pink diamond he gave her when he proposed for the first time. J.Lo said, at the time, the stone was “the most magnificent thing I’ve ever seen.”

When the Argo actor proposed to Jennifer Garner, he sealed the deal with a 4.5-carat diamond ring from Harry Winston valued at $500,000.

It’s clear why Affleck chose the green stone. Lopez wrote about the significance of the color green to her in a previous newsletter.

“I always say the color green is my lucky color,” Lopez previously shared. “Maybe you can remember a certain green dress. I’ve realized there are many moments in my life where amazing things happened when I was wearing green.”

The pricey ring might be out of reach for most, but it’s hardly a drop in the bucket for Affleck. The actor has built a massive $150 million fortune through acting, screenwriting, and filmmaking.

Still, Jenny from the block might be the family breadwinner. The singer has earned millions from her decades-long career acting, singing, and her stint as a judge on American Idol. J. Lo has built a $400 million empire, and who knows, she might want to protect it with a prenup.

The two aren't afraid of spending their fortunes either. The couple just dolled out $50 million for a swanky new pad in Bel-Air.

NEXT: Kourtney Kardashian Flaunts Her $1 Million Ring After Engagement With Travis Barker

Source: People, PageSix