Hear ye, hear ye! There is a new royal engagement ring to covet. Queen Elizabeth’s granddaughter, Princess Beatrice, said “yes” to property developer Edoardo Mapelli Mozzi’s proposal in Italy. The 31-year-old daughter of Prince Andrew and Sarah, Duchess of York, is set to wed Mozzi in 2020. While we await more news about the where’s and when’s of the next highly-anticipated royal nuptials, we can keep busy admiring Beatrice’s eye-catching engagement ring.  (See a video of the ring and more pics of the happy couple on People.com here.)

WATCH: Princess Beatrice’s Engagement Ring

First, the details: The stunning ring features a substantial round solitaire and tapered baguette side stones, giving the piece a timeless, yet on-trend feel, according to jeweler Shane Co.’s VP of Merchandise, Alicia Davis. “The brilliant round diamond looks to be about 2.5 carats set in a 6-prong platinum setting flanked by two smaller round diamonds and a baguette on either side,” she said. “This three-stone style ring is a beautiful pairing of classic and on-trend styles. The timeless round diamond and regal, stylish baguettes give the ring a look that could fit any bride, whether she is vintage, trendy, or traditional.”

Indeed, anyone can rock a rock like Beatrice’s. Rest assured a round solitaire will never go out of style, but if you want to change things up a bit, consider an oval, emerald or cushion cut solitaire with side stones. The size of your stones and the metal they are set in will largely determine the price of the piece. Platinum is the priciest, followed by white gold, and then sterling silver. A budget-friendly way to copy Beatrice’s engagement ring is to opt for a manmade gemstone, like a moissanite. Here are five engagement rings that are truly fit for a princess.