updated 10/12/2009 AT 8:00 AM ET
•originally published 10/12/2009 AT 8:30 AM ET
A dazzling movie star deserves a dazzling ring – and Penélope Cruz didn’t disappoint Sunday night. But was it an engagement ring? Or simply a conversation piece?
Whichever, all eyes were on the Spanish star at the premiere of director Pedro Almédovar’s Broken Embraces on Sunday’s closing night of the 47th New York Film Festival at Lincoln Center, where Cruz, 35, wore what appeared to be a knuckle-sized sapphire surrounded by small diamonds on her ring finger.