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Paris Hilton, Cy Waits and a 28.03-ct diamond from Jacob & Co 

By Lauren Elkies 

Paris Hilton and boyfriend Cy Waits were recently shopping for engagement rings at Jacob & Co at 48 East 57th Street, a source told People magazine.

The ring Hilton bought

A store spokesperson confirmed to on Tuesday that the couple was “browsing” in the store and asked “to look at engagement rings in the VIP room.” Hilton reportedly only wants an engagement ring that is 24 carats.

In the end, the spokesperson said, Hilton purchased a $17,600 black PVD-plated 18-karat white gold set full-finger ring with 4.05 carats of diamonds.

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