In celebration of Valentine’s Day, New York City restaurant Serendipity3 is taking its dessert game to the next level by teaming up with fine jewelry designer Lorraine Schwartz. The first-ever Diamon Frrrozen Hot Chocolate will be available only on Tuesday, February 14 at Serendipity3.

The Diamond Frrrozen Hot Chocolate is placed in a Serendipity3 Goblet dripping with Austrian crystals that is made by Kellie DeFries, otherwise known as “Crystal Ninja.” The goblet is filled with the restaurant’s iconic blend of 14 exotic cocoas and topped with a cloud of whipped cream sprinkled with edible “diamond” glitter and 23K edible gold gilded chocolate shavings with gold straws that accompany a gilded chocolate sphere filled with edible diamonds.

Placed on top of the Frrrozen Hot Chocolate is a Lorraine Schwartz designed handmade 18k white gold diamond bypass ring with a 0.69 carat natural fancy pink heart shape diamond and a 0.77 carat natural very light blue pear shape diamond surrounded by 1.15 carats of white diamond pave. This over-the-top dessert is priced at $250,000.

“As big lovers of Lorraine Schwartz, we were thrilled to get to work with her on this special Valentine’s Day Diamond Frrrozen Hot Chocolate featuring some of her gorgeous pieces,” says Chef Joe Calderone, creative director at Serendipity3. “The dessert is over-the-top in all the right ways and we know our Serendipity3 customers are absolutely going to love it.”