Taylor Swift has announced her engagement to her partner Travis Kelce, sharing a series of pictures, including one of the ring, on Instagram. The post was accompanied by the caption: Your English teacher and your gym teacher are getting married. Not every English teacher can afford a diamond ring costing six or even seven figures, however. Fans and curious onlookers have been sharing their opinions on the proposal and the eye-catching ring.

Kelce is reported to have designed the ring with a jeweller, with its vintage-inspired style seeming to match the aesthetic of Swift's newly announced album The Life of a Showgirl.

Industry experts have estimated it could cost anywhere from £500,000 up to £4m, said Ruth Faulkner, the managing editor for Retail Jeweller magazine. The diamond looked to be an 8-10 carat vintage stone, which Ms. Faulkner said is quite rare for an antique piece.

Jewellery journalist Rachael Taylor noted that the softer sparkle on the stone was likely due to it being an antique cut, emphasizing a trend towards vintage styles with oversized stones, fitting Swift's romantic aesthetic.

Dua Lipa's chunky gold engagement ring and Zendaya's horizontally set diamond are recent examples of this trend among celebrities, showcasing preferences for statement pieces that are both unique and often unconventional.

Cristiano Ronaldo's partner, Georgina Rodríguez, also made headlines with her $5 million engagement ring, reflecting a shift in consumer preferences, as many now opt for lab-grown diamonds due to ethical considerations.

As shoppers turn towards unique vintage pieces or customized designs, the sentiment remains that while the price tag of celebrity rings captures the imagination, the emphasis on the personal significance of engagement and commitment is paramount. Swift herself has reminded fans, I like shiny things, but I'd marry you with paper rings.\