K.C. Chiefs Mike Weber's Super Bowl 54 Ring Sells For Over $70k At Auction!!

Patrick Mahomes and the Kansas City Chiefs received their Super Bowl 54 rings a little over 2 months ago, and now one of the iced out rings just sold for BIG BUCKS at auction!!

The ring was originally given to Mike Weber -- a 23-year-old running back who was on the Chiefs practice squad last season -- before the blinged-out jewelry made its way to the block at Goldin Auctions.

The auction house would not disclose the final sale price ... but one big-time collector placed a bid for $70k.

The opening bid was $35,000.

Sure, it's a lot of cash ... but the ring is absolutely awesome. It features a bunch of super cool aspects to commemorate the Chiefs' championship.

It's made with 10 karat gold and contains 2 Lombardi Trophies made with marquee-cut diamonds ... and a Chiefs logo designed out of 60 diamonds.

But, it's not JUST gold and diamonds ... the ring also includes 16 rubies representing the teams 10 AFC West division titles and 6 playoff appearances under Andy Reid.

The perimeter of the ring top has 122 diamonds which represents 100 NFL seasons and the 22 playoff appearances in Chiefs’ franchise history.

The blinged-out jewelry also contains the name, number (#45) and signature -- inside the ring band -- of Weber ... who just signed on with the Packers' practice squad.