LONDON, ENGLAND – NOVEMBER 7: Britain’s King Charles III sits besides Queen Camilla during the State Opening of Parliament at the Houses of Parliament on November 7, 2023 in London, England. The speech delivered by the monarch but written by the gove
LONDON – For the first time in over 7 decades, the first “King’s Speech” took place in the U.K., in which King Charles III opened Parliament on Tuesday, announcing the legislative priorities of the Conservative-controlled government.
That’s where the monarch promised the government would “ease the cost of living” and bring down inflation for families and businesses all while wearing a crown estimated to cost anywhere from $3-$5 billion.
During his speech, the king was wearing the Imperial State Crown. It has never been officially appraised but experts believe it’s value to be in the billions.
According to the Royal Collection Trust, the crown is formed from an openwork gold frame, and set with 2,868 diamonds and colored stones. It includes 17 sapphires, 11 emeralds and 269 pearls.
The crown is fitted with purple velvet cap and ermine band. The 104-carat Stuart Sapphire adjourned on the front of the crown is said…
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