It is a ring, and it is covered in bling - but as the jam filling and icing suggest, this is for eating, not wearing.
A New York restaurant has developed the ultimate in decadent doughnuts, all filled with champagne jam and finished with gold leaf, which is selling for $100 (£70) each or $1,000 for a dozen.
It was the idea of Bjorn DelaCruz, head chef of the Manila Social Club, in Brooklyn. He was inspired to create the Golden Cristal Ube Doughnut after teaming up with a local brewery to make a beer-flavoured icing, which was then dusted with 24k gold.
Inside is ube mousse and champagne jam
He stumbled on the right combination while sipping a particular brand of champagne with a doughnut.
"The reason I chose Cristal champagne is because it has really great honey notes, which go great with ube," he said.