I seem to recall that the Gloucesters' younger daughter is married to a very wealthy man so maybe her portion will escape the auction block assuming of course any of the jewels are passed directly to the Gloucesters' children.
It may be that the Duke has settled his jewels in a family trust, to avoid inheritance tax. After his own experience, I am sure he will have gotten legal advice.
In any event, I am sure we will not see any auctions anytime soon if the Duke has his mother's longevity.
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