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Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil

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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

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Current price of oil as of July 8, 2026
RetailTaylor Swift

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

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Eva Roytburg
Eva Roytburg
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Eva Roytburg
Eva Roytburg
Fellow, News
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August 26, 2025, 2:28 PM ET
Travis Kelce wraps his arm around Taylor Swift on the football field
Taylor Swift and Travis Kelce, now engaged, have had a highly publicized romance.Patrick Smith/Getty Images
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Taylor Swift once sang she’d get married with paper rings, but this one is anything but paper. 

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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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A post shared by Taylor Swift (@taylorswift)

“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 source.

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.”

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