Sherri Shepherd Engagement RingThe new view for comedian Sherri Shepherd is a flash of blinding bling.

The co-host of ABC's chat fest 'The View' returned from a holiday break to show off a ring finger featuring a 3-carat princess-cut diamond-and-platinum engagement ring from her new fiance, Los Angeles-based television writer Lamar Sally.

Moderator Whoopi Goldberg opened 'The View' yesterday morning with a shout-out to her beaming colleague, who was greeted with cheers from the studio audience and her cast mates, including Barbara Walters, as Shepherd raised her hand, and a screen behind the panel flashed a close-up of her shiny new Christmas gift.

Jewelry and style expert Michael O'Connor tells StyleList he's not surprised Shepherd was happy to show off the ring.

"The diamond cut is classic, but the pavé stones on the side make it modern and stylish," he says. "Since the diamonds were set in platinum, Sherri doesn't need to worry about them falling out." O'Connor put the price of the ring at approximately $70,000.