Is it possible that a reigning monarch has prerogative to own Royal and personal assets and or change/ revert ownership to the Crown as a convenience?
I have heard that if a gift is given it can be loaned for life to a royal individual and if they are given the gift by the reigning monarch they have to be taxed accordingly.
Their was mentions of Princess Margaret retaining gifts received while carrying out state functions and then said gifts going to auction after her passing.
QV willed certain jewels to the Crown to be worn from reigning or Consort Queen to Queen, but that doesn't say outright that those jewels cannot revert to personal ownership. Remember lots of the jewels of QV earmarked for the Crown came via personal connection via her Prince and not via state hood. But the subject remains a complex one.
Regards,
Dave.
Yes, it is weird that Robert states that...
But also with the queen Anne and Caroline necklace it was a bit unusual that George VI gifted them to princess Elizabeth although they were crown property... So who knows how it actually works with these jewels
Thanks Csaba
Yes, looking at it, I agree that it probably IS the Festoon Necklace but....
According to Hugh Roberts The Queen's Diamonds
"The necklace was commissioned by King George VI for Princess Elizabeth in 1950, using a total of 105 loose collets that had passed to the King as heirlooms of the Crown"
Roberts make no mention of it ever being worn by anyone other than Princess Elizabeth (later QEII).
I guess that I am surprised to see QEQM wearing the necklace if it was supposedly a piece made specifically for her daughter (at least according to Roberts sources).
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