Ashlee Simpson's diamond stare

Apr 18, 2008, 12:00 GMT

02/09/2008 - Ashlee Simpson and Pete Wentz - © Albert L. Ortega / PR Photos

Ashlee Simpson can't stop staring at her new engagement ring.

The 'Little Miss Obsessive' singer - who recently got engaged to Fall Out Boy rocker Pete Wentz - loves her diamond sparkler so much she can't stop looking at it.

She said: "It is huge! I stare at it. I'm like, 'Oh, my god, I can't believe this is on my hand!"

Ashlee refused to reveal specific details of how Pete popped the question.

She added: "I'm keeping that part sacred. But I will tell you it was very thoughtful and he did a great job."

The 23-year-old singer - who again refused to comment on rumours she is expecting her first child with Wentz - laughed when US radio show host Ryan Seacrest asked her whether she drank alcohol while she was in New York this week, playfully replying: "Who knows. Maybe!"

Meanwhile, Ashlee's father Joe is said to be already attempting to sell pictures of Ashlee and Pete's unborn baby - for a staggering $1 million.

A source close to the Simpson family told the New York Post newspaper: "Joe is contacting all the weeklies and asking them to pay up to $1 million to put Ashlee on the cover.

"The deal would include photos of Ashlee - taken by Joe, of course, so he can make more money - an interview and photos of the baby when she has it."

However, magazine editors say Joe is being "unrealistic" with the amount he expects to receive for the exclusive shots.

One editor said: "The pictures will maybe fetch $60,000 maybe, but definitely not a million. Joe has an unrealistic expectation of what Ashlee can command."

(C) BANG Media International