Firerose is reportedly engaged to Billy Ray Cyrus – and her HUGE ring could be worth $220k

Billy Ray Cyrus has fuelled engagement rumours by sharing a series of photos of him and his partner Firerose looking loved up, with the songstress sporting a noticeably large diamond ring on her left hand. The singer was first said to have popped the question in September, just weeks after Firerose confirmed their romance.

Engagement ring experts at UK retailer Steven Stone have taken a close look at the ring, revealing everything you need to know.

5 carat round diamond – round diamonds are the most popular diamond shape
The diamond looks to be low colour – less valuable than high colour diamonds, low colour diamonds have a yellow tint that’s visible to the naked eye in normal lighting
Our experts estimate it to be worth $150k, though this would increase to $220k if the diamond was high colour
Zack Stone commented: “It’s impossible not to notice the sparkler on Firerose’s left hand. The dazzling ring looks to be a 5 carat round diamond – round diamonds are the most popular diamond shape, making up approximately 75% of all diamonds sold and about 60% of all engagement rings.

The diamond in Firerose’s ring appears to be low colour – low colour diamonds have a yellow tint that’s visible to the naked eye in normal lighting. The more colourless a diamond is, generally the more radiant, valuable, and rare it is as well.

With this in mind, i’d estimate Firerose’s ring to be worth $150,000. If the diamond was in fact high colour, the rings value would increase by around $70,000.”