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

Travis Kelce wraps his arm around Taylor Swift on the football field (Credit: Patrick Smith/Getty Images)

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.