Reese Witherspoon is very happy to be enaged again and that is very obvious right now. This is the first time to see the official engagement ring that was given to Reese Witherspoon by Jim Toth. Reese Witherspoon did not even tweet on twitter about this ring but according to sources, the ring is worth 250,000 and made of real diamonds. Reese Witherspoon and Jim Toth were watching the Lakers vs the Detroit Pistons game when the ring was shown by Reese Witherspoon in public.