The news of Taylor Swift and Travis Kelce’s engagement is huge and the rock in the ring he proposed with may be even bigger. Thanks to the lovebirds sharing a series of photos of the intimate proposal, we all got to see the whopping, glistening diamond, and now jewelry experts are weighing in on how much they think it cost. And some estimate it could be worth millions.
The stone is an old mine brilliant cut diamond, according to Taylor’s rep, and it was designed by Travis and designer Kindred Lubeck of Artifex Fine Jewelry. Old mine cuts are antique diamonds that were each cut by hand, making them extremely valuable and rare, and that rarity is also why there’s such a wide range in what the experts say the ring cost.
"The center stone appears to be a bezel set 7- to 9-carat elongated old mine cushion cut, set in 18-karat yellow gold," Jared Jewelers' VP of Merchandising Ann Grimmett explains. "The cut and clarity look very good from the photos, so my estimate is that this ring would cost approximately $250 to 500-thousand."
Other jewelry experts say the value is much higher, including Laura Taylor, a jeweler specializing in engagement and wedding rings at Lorel Diamonds, who says it “could easily be worth between $675-thousand to $1 million.”
Nadine Tacorian Arzerounian, the co-owner and head of design at luxury jeweler Tacori, explains that there aren’t that many of these old mine cut diamonds out in the market, especially 8-carat ones. She says the shape - an elongated cushion - and the size and the cut “make it really difficult to estimate,” but she puts the price tag around half a million dollars. ⠀
Source: USA Today