These quirky royals may be hoarding millions of jewelry gifts

Queen Elizabeth II and the Duke and Duchess of Cambridge visit the East Midlands

£80m gem missing from UK National CollectionWPA Pool – Getty Images

  • Evasion of the royal family’s gifting rules has been making headlines lately.

  • Some £80 million in official gifts are reportedly not where they should be.

  • Buckingham Palace declined to comment.

With Prince Charles’ coronation approaching, the news is full of royal stories. And not all of them are quite what the king and his kin probably hoped. As for ‘, there is the matter of royal financial dealings.

This last point is a serious problem. Can you imagine an unelected public servant serving a lifetime term of power here in the United States who received an off-the-books gift?

As we first discussed with regard to the sale of royal gift horses, there is some debate as to what constitutes a “personal gift” versus an “official gift” and what does not. Personal gifts are those that become the property of the individual royal family gifted, while official gifts are those that are given with the idea that they belong to the whole country and its people. The palace reportedly said they were a personal gift and therefore the property of the royal family who sold them and did not need to be disclosed.

and when Guardian When asked about a gem that recently had a collective value of £80m and was undoubtedly an ‘official gift’ but not where it should be in the National Collection, the argument Buckingham Palace presented them with was nothing. was.

The Duchess of Cambridge attends the 2014 Portrait Gala and finds inspiration

One of the missing jewels in question is the Hyderabad Nizam diamond necklace seen by the Duchess of Cambridge in 2014.Max Mumby/Indigo – Getty Images

“Buckingham Palace refuses to explain why its official gift to the royal family, 11 pieces of jewelery potentially worth £80 million, are not kept in the National Heritage treasury.

on the other hand, Guardian “The Royal Collection Trust, which manages the collection, has confirmed that it does not have custody of the 11 gems”, but could not get a response from Buckingham Palace as to the whereabouts of the gems in question.

“A Buckingham Palace spokesperson declined multiple invitations to explain the current ownership of the 11 pieces. They suggested the royal family did not consider the jewelry. [sic] Items gifted to the late Queen between 1947 and 1979 may be added to the royal collection in the future.

The 11 items in question include a Hyderabad Nizam diamond necklace made by Cartier in 1935. This necklace “contains over 300 platinum-set diamonds, including a detachable double drop pendant.”

Guidelines for the acceptance of official gifts by the royal court were developed in 1995 and updated in 2003, but all 11 items in question were received before these guidelines were implemented.So Buckingham Palace might be able to present it as a counterargument Guardianclaims. if they choose to respond to them.

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