Ring is an antique diamond surrounded by conflict free stones and made of recycled platinum.

Will it be an August wedding?

Benjamin Millepied helped design Natalie Portman's engagement ring with conflict free diamonds and according to jeweler Jamie Wolf, "Ben was exceptionally thoughtful and dedicated and patient to make sure we had everything right."

Once the ring was just right the two were engaged and showed off the ring at the Academy Awards as the two are a true Hollywood romance, first meeting on the set of 'Black Swan' in 2009 and then getting engaged in December 2010 and announcing it while watching their film compete for several Oscars.

Now speculation is for a wedding next month.

See more photos of Natalie's ring here.

An earlier report claims it will be in California on August 5, 2012.

A source spilled to In Touch magazine:

"Natalie and Ben will marry in Big Sur. It's one of Natalie's favorite places - whenever she needs a break from LA she goes there."

Just 60 guests will be invited to the ceremony and the couple want the event to be as laid-back as possible."

The friend added: "This wedding is for their closest friends and family. It will be a very relaxed affair. They're not sending out invites. Natalie may not even buy a new dress!"

(Image: WENN)