When Nick Cannon and Mariah Carey made their first public appearance as newlyweds on Thursday, the pair simply dazzled – almost as much as their wedding jewelry.

Carey, who attended TIME magazine’s “100 Most Influential People in the World” gala with her new husband, showed off her impressive pink diamond sparkler from of Jacob & Co. jewelers. The ring, valued at a whopping $2.5 million, is 17 carats. The center stone alone is 10-carats – a little smaller than a dime.

“I wanted to do something extremely special, something that Mariah would really appreciate,” Cannon said. “We got the pinkest stone we could find, surrounded by other diamonds.”

Carey definitely approved. “It’s so clear, you can see my finger through it,” she said.

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