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$4 billion. That’s how much the Royal Institution of Chartered Surveyors estimated the Crown Jewels were worth in 2019, using the sale of the French Crown Jewels in 1887 and the sale of the late Princess Margaret’s jewelry in 2006 as a comparison. The jewels, which are considered priceless and difficult to value as they would not be sold on the open market, consist of more than 100 objects and 23,000 gemstones and have been protected in the Tower of London since the 1660s. Included in the Crown Jewels is the Cullinan Diamond, the largest diamond ever found at 3,106 metric carats, which has been cut into several pieces and incorporated into the coronation regalia and other items. Cullinan I is used in the Sovereign’s Scepter with Cross, weighing 530.2 carats, and Cullinan II is used in the Imperial State Crown, weighing 317.4 carats.
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