The staggering value of Queen’s Coronation Crown uncovered – and why its not insured

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The Queen has an impressive collection of jewels and crowns, one of which is the St Edward’s Crown, the crown which is used for royal coronations. It is a highly decorated piece with hundreds of gems, so how much is it worth?

St Edward’s Crown is the crown that is used at the moment of coronation. 

It was originally made for Charles II back in 1661, as a replacement for the medieval crown which had been melted down in 1649 by the Parliamentarians. 

The second version of the crown was commissioned from the Royal Goldsmith, Robert Vyner, in 1661.  

It is not an exact replica of the original medieval design, but it follows it as it has four crosses-pattée and four fleurs-de-lis, and two arches. 

St Edward’s Crown is the crown that is used at the moment of coronation. 

It was originally made for Charles II back in 1661, as a replacement for the medieval crown which had been melted down in 1649 by the Parliamentarians. 

The second version of the crown was commissioned from the Royal Goldsmith, Robert Vyner, in 1661.  

It is not an exact replica of the original medieval design, but it follows it as it has four crosses-pattée and four fleurs-de-lis, and two arches. 

As for how the crown is made, it has a solid gold frame set with semi-precious stones, including rubies, amethysts, sapphires, garnet, topazes and tourmalines.  

The crown also has a velvet cap with an ermine band. 

St Edward’s Crown is part of The Crown Jewels collection which has been sitting in the Tower of London for over 600 years. 

Each year, the collection attracts over 30 million visitors – they are arguably the most visited objects in Britain. 

The Crown Jewels are not insured as they are considered priceless due to their historial importance. 

So working out how much they are worth is tricky. 

However, the entire collection has been estimated to be worth more than £2.6billion. 

As for the exact figure for St Edward’s Crown, since there hasn’t been an individual price tag given to it, Saving Spot decided to try and work out how much it would be worth by evaluating and pricing every individual part of the crown. 

Saving Spot used several methods to come up with the final price; first information and images were collected. 

The number of carats in the gems was then gauged to determine their rough weight. 

The weight of the velvet and ermine base were also estimated, as well as each individual gem. 

In total, the St Edward’s Crown is worth £3,658,373, according to SavingSpot.

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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