Taylor Swift’s ‘amazing’ 8-carat engagement ring set Travis Kelce back $550,000, jewelry expert estimates

Eva is a fellow on Fortune's news desk.

Taylor Swift once sang she’d get married with paper rings, but this one is anything but paper. 

Swift announced her engagement to football star Travis Kelce in an Instagram post on Tuesday, where she showed off her new ring. According to Vogue, Kelce worked with Kindred Lubeck of Artifex Fine Jewelry to design the ring, which is a “brilliant-cut old mine diamond bezel-set” in yellow gold.

Benjamin Khordipour, a jewelry expert at New York City–based Estate Diamond Jewelry, added the stone is an “antique elongated cushion” that weighs in at about eight carats. He estimated the diamond likely cost around $550,000. 

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“You can see antique style, yellow-gold mounting, needlepoint prongs with some diamonds on the shoulder, and engravings on the shoulder,” Khordipour said. “It’s really something amazing.”

For Khordipour, the rarity of the stone is what makes it stand out as his “favorite” ring he’s seen so far this year. 

“It’s very unique. It’s not something you’ll see on anyone else’s hand,” he said, noting that antique cushions of that size and shape are difficult to

The choice also fits Swift’s personality, he added. 

“She’s very unique, very alternative, so this makes complete sense. I would never think of her getting something standard.”

Antique and vintage styles have surged in popularity in recent years, and Khordipour said Swift’s choice is on-trend. 

“For antique jewelers, it’s really something amazing…the trend is vintage and antique, so I’m happy she went with it.”