Queen’s crown: How much is the Queen’s crown really worth? Staggering sum revealed
The Crown series three debuted on Netflix this month with an all-new cast, including Olivia Coleman at the helm as Queen Elizabeth II. The latest series covers the period between 1964 and 1977, following the Queen’s first 10 years on the throne. With the return of the show, one blog has deconstructed the Queen’s crown and revealed how much it would cost.
How much is the Queen’s crown worth?
The Queen has several crowns for different occasions, including one she uses especially for the state opening of Parliament.
Her most famous is the St Edward’s Crown, made in 1661 and worn by monarchs during coronations.
When not in use, it is the centrepiece of the Crown Jewels in the Tower of London.
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St Edward’s Crown is made of solid gold and decorated with 444 precious and semi-precious stones.
Personal finance blog SavingSpot deconstructed the Queen’s crown to estimate how much the item is worth.
To effectively analyse the crown, the blog said they used a gem size guide from the International Gem Society, and then estimated the weight of each component.
They also consulted a catalogue of the Queen’s official fabric supplier and a registered gem valuer.
Here is the composition of the Queen’s crown:
– Ermine: £28
– 22-karat gold: £71,783
– Velvet: £2.47
– Aquamarine (rose-cut) 345 pieces: £139,618
– Carbuncle, one piece: £2,030
– Tourmaline, 26 pieces: £280,265
– Zircon: £2,534
– Sapphires: £1,740,085
– Garnet, one piece: £2,030
– Topaz, 37 pieces: £30,057
– Amethysts: £4,061
– Peridot, one piece: £455
– Citrine, four pieces: £3,639
– Almandine, 15 pieces: £2,924
– Spinel, one piece: £36,556
– Other materials: £71,814
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In total, the St Edward’s Crown is worth £3,658,373, according to SavingSpot.
The crown jewels have never been officially valued, however, so it is unclear whether this is an accurate assessment.
Regardless of their value, the Royal Family has not insured the Crown Jewels, as they are irreplaceable artefacts.
The St Edward’s crown is the centrepiece of the Crown Jewels, which are composed of hundreds of objects.
The Crown Jewels consist of 140 royal ceremonial objects kept in the Tower of London.
Most of the objects are regalia and vestments worn by British kings and queens during their coronations.
The most recent additions to the collection are the Armillis (gold bracelets) worn by Queen Elizabeth in 1953.
The oldest object is a 27-centimetre long coronation spoon added in the 12th century, likely for the coronation of Henry II or Richard I.
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