They Sold Hundreds But Kept the Most Personal Jewels Princess Margaret.

Relics & Retro Gems
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5 Video Views·Apr 16, 2026
Following the death of Princess Margaret in 2002, a story took hold that her jewelry box
was simply emptied out to satisfy a massive inheritance tax bill.
The 2006 Christie's auction became a global sensation, seeing trademark pieces like the
Poltimore Tiara, the Diamond Riviere, and her iconic five-row pearl necklace sold for
record-breaking sums.
These treasures, along with hundreds of others, fetched a staggering fortune under the hammer
that summer.
Yet, that auction only told half the story.
Many of the Rebel Princess's most meaningful treasures never entered the auction room at
all.
Today, we are opening the velvet cases that were never handed to the auctioneers to discover
what was actually kept, and where those treasures are now.
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There is a particular kind of finality that settles over an auction house when a lifetime
of personal possessions is catalogued, numbered, and placed in display cases.
In the early summer of 2006, the rooms at Christie's in London held that exact atmosphere.
Four years after the passing of Princess Margaret, her children were confronted with a substantial
inheritance tax bill.
To meet this obligation, they made the necessary decision to auction a massive portion of her
personal estate.
Over the course of two days, around 800 items went under the hammer.
Flipping through the extensive catalog today gives the distinct impression that her jewelry
box was simply emptied out.
Famous necklaces, antique brooches, and intimate gifts were dispersed across the globe to the
highest bidders.
The most visible and heavily discussed departure from the family collection was the Poltimore
tiara.
Margaret purchased this piece herself at a public auction in 1959 for £5,500, acting
on the advice of Lord Plunkett.
Created by Gerrard around 1870, the Victorian diadem was incredibly versatile, easily transforming
from a substantial headpiece into a magnificent fringe necklace and 11 separate brooches.
Because Margaret owned it outright, she had complete freedom over how she wore it.
She chose the Poltimore for her wedding to Antony Armstrong Jones in 1960, and it quickly
became her trademark jewel.
She packed it for state visits from Japan to the Philippines, wore it as a necklace
to the theater, and even modeled it in the famous intimate photograph taken by her husband
of her sitting in a bathtub.
The tiara is inextricably linked to her glamorous, slightly rebellious image.
When this defining jewel returned to the auction block nearly 50 years later, it commanded
£926,400.
It disappeared into a private collection that afternoon, and has remained entirely out of
the public eye ever since.
Interestingly, this long, complete absence from the spotlight actually allows a persistent
rumor to thrive among royal watchers.
The comforting hope that Queen Elizabeth II secretly intervened, using an anonymous proxy
to purchase her sister's diadem.
I would love to believe that the Poltimore is sitting quietly in the Buckingham Palace
Faults right now.
However, the strong reports of an anonymous Asian buyer cast serious doubt on that theory.
It also seems highly probable that if the late queen had genuinely secured the tiara
to keep it in the royal fold, we would have found out about it by now.
Despite the painful sale of the Poltimore tiara and several other significant pieces
at that famous auction, a closer look at the estate reveals a very different story.
If we dig just a little deeper into the jewelry that quietly avoided the Christie's catalog,
we notice that the family actually preserved many highly important and meaningful jewels.
They retained items that served as daily companions and intimate family links, prioritizing personal
history over sheer carat weight.
There is a fascinating and deliberately opaque boundary inside the royal jewelry collection
– a gray area where personal property blurs into institutional heritage.
When a monarch gifts a diamond necklace to a daughter or daughter-in-law, the documentation
rarely specifies whether it is a permanent transfer of ownership or a lifetime loan.
This ambiguity serves the palace rather well, keeping the public from tracking exactly who
owns what.
It also creates a compelling layer of mystery around several major pieces Princess Margaret
wore for decades that never appeared in the 2006 Christie's catalog.
One of the most substantial absentees is the Persian turquoise perur.
The set consists of a tiara, a grand necklace, earrings, and a brooch, featuring large, smooth
turquoises surrounded by diamonds.
Created around 1900 by the royal jewelers Gerard, the tiara is mounted in gold, pierced
by hand to receive delicate platinum milligrain settings.
The design incorporates triumphal laurels, true lover's knots, and ribbons tied around
lamps of love.
A fitting choice since turquoise traditionally stands for love in the lore of precious stones.
King George V presented the complete perur to Lady Elizabeth Bowes-Lyon as a wedding
gift in 1923, and it went on public display at St. James's Palace alongside her other
presents.
Elizabeth wore the set frequently in the 1920s and 1930s, often leading the dancing at formal
balls in full-skirted gowns of beige lace over satin.
In 1951, Elizabeth gave the perur to her younger daughter Margaret as a 21st birthday gift.
Margaret debuted her new jewels at the Royal Film Performance the following year, one of
the first gala events of the new Queen's reign.
She continued to wear them to major events well into the 1990s, including the Jamaican
Independence Celebrations in 1962 and the Queen Mother's 90th birthday gala.
When the turquoise set failed to materialize at the auction following her death, many observers
assumed it had simply been retained by her son, the Earl of Snowdon.
Some accounts do report that it remains in his possession today.
Yet, given the murky rules of royal inheritance, there is an alternate possibility that the
perur was only ever a lifetime loan from the Queen Mother, meaning it quietly traveled
back to the main royal vaults after Margaret's passing.
Another striking piece caught in this web of uncertain ownership is the sapphire sunray bandeau.
The design is highly distinctive, featuring a flexible diamond frame set with sunburst
motifs and anchored by a prominent central sapphire and diamond cluster.
According to the royal jewelry author Leslie Field, the bandeau originally belonged to
the Dowager Empress Marie Fyodorovna of Russia and was later purchased by Queen Mary.
While Mary did buy several pieces from the late Empress' estate, there are no public
records confirming the purchase of this specific sapphire bandeau, leaving its exact origins
slightly mysterious.
Queen Mary certainly enjoyed the piece in the 1930s, occasionally popping out the central
sapphire and replacing it with the carved emerald brooch from her Delhi-Derbar perur.
It was Princess Margaret who truly made the bandeau her own in the mid-20th century.
She wore the full tiara for several formal events in the late 1950s and early 1960s before
retiring the complete diadem from her regular rotation.
The design was incredibly versatile, and even after she stopped wearing the headpiece, Margaret
would detach the central sapphire cluster and wear it separately as a brooch from time
to time.
Unfortunately, we have not seen either the full tiara or the sapphire brooch in public
for decades.
This long absence leaves us completely in the dark about whether Margaret owned the
piece outright or had simply borrowed it from her sister, Queen Elizabeth II.
Seeing major historical pieces disappear for decades naturally leads to speculation that
they are lost forever, but the royal vaults have a habit of keeping secrets until the
perfect moment.
The history of the lotus flower tiara offers a very reassuring precedent here.
Originally a garrard diamond and pearl meander necklace given to the Queen Mother in 1923,
she had it dismantled a mere six months later to create the delicate lotus tiara.
She gave it to Margaret in 1959, and it became one of the princess's most frequently worn
diadems.
When Margaret's daughter-in-law, Serena Stanhope, wore the lotus flower tiara for her wedding
in 1993, the general consensus was that it had become the personal property of the Linley
family.
For years after Margaret's death, collectors assumed the piece was sitting in a private
safe, entirely separate from the reigning monarch's collection.
Then, in 2013, the then-Duchess of Cambridge, now Catherine, Princess of Wales, arrived
at the annual diplomatic reception wearing the lotus flower tiara.
She wore it again for a Chinese state banquet in 2015, and at another diplomatic reception
in 2022.
Its unexpected reappearance proved that Margaret had returned the tiara to the royal vaults
either before her death or in her will.
This single piece demonstrates that an extended absence from the public eye does not equate
to a permanent loss, leaving the door wide open for the turquoises and the sapphire bandeau
to eventually make their own return.
While some of Princess Margaret's jewelry may have quietly returned to the royal vaults,
other significant historic pieces pass directly to her son, David Armstrong Jones, the second
Earl of Snowdon.
The fact that these items avoided the Christie's auction entirely gives us a fascinating look
at what the family chose to preserve.
Yet, even knowing these heirlooms are safe, they remain largely out of public view.
The reasons behind their absence stem directly from the practical realities of modern life.
A perfect example of this is the Teck Diamond Hoop Necklace.
Created in the 1860s, the piece features 22 diamond hoops, each set with a central collet
diamond.
It originally belonged to Princess Mary Adelaide, Duchess of Teck, before eventually finding
its way into the collection of Queen Elizabeth the Queen Mother.
I love observing how the Queen Mother adapted historical jewelry to suit her own practical
needs.
She had the 22 hoops mounted on a frame and wore the piece as a tiara.
She frequently chose this low-profile diadem for evening engagements, wearing it to the
Royal Variety Performance in the late 1930s and for the grand reopening of the Royal Opera
House at Covent Garden in February 1946.
The size and shape of the jewel provided a comfortable option for a long night at the
ballet.
In 1960, she presented the jewel to Margaret as a wedding gift.
Margaret promptly took it off its tiara frame and wore it strictly as a necklace for the
rest of her life.
She paired it with the Poltimore Tiara for the wedding ball of King Baudouin of Belgium,
and it became a constant companion for her evening galas and film premieres, including
the premiere of The Facts of Life in 1961.
She continued to wear the heavy hoops well into her later years, bringing the necklace
out for a gala performance marking her 70th birthday in 2000.
We know the necklace remains with the Earl of Snowdon today, a fact confirmed in 2012
by Sir Hugh Roberts in his documentation of the Royal Diamonds.
Moving from the glittering, flashbulb-heavy film premieres of Margaret's era to the
present day highlights a very simple truth.
A modern earl and his family simply do not attend the volume of state banquets and royal
galas that require a heavy, 22-hoop antique diamond necklace.
The jewel sits securely in a vault because the specific aristocratic world that required
it on a weekly basis no longer exists.
This same shift in lifestyle applies to another major piece often associated with the Snowdon
family, the diamond fleur-de-lis brooch.
The origins of this large, antique-style diamond stomacher are actually quite fascinating.
For a long time, it was vaguely attributed to a shipping company gift from the late 1950s.
However, a very compelling theory suggests it is actually a Cartier redesign of an entirely
different jewel.
In 1957, Dr. J.T.
Williamson, the very same man who presented the famous Williamson Pink Diamond to Queen
Elizabeth II as a wedding present, gave Margaret a massive diamond dahlia brooch featuring
a prominent central stone.
Margaret reportedly found the original floral design a bit too bulky for her petite frame.
Shortly after Dr. Williamson's death in 1958, Cartier allegedly remodeled the dahlia into
something much more to her taste.
Later that year, Margaret debuted the magnificent fleur-de-lis stomacher alongside the lotus
flower tiara during a tour of Canada.
She found highly creative ways to handle its massive size over the decades.
She famously pinned elements of the stomacher directly into her hair as a makeshift headdress
for Lord Glenconner's 60th birthday party on the island of Mystique in 1986.
Unlike many grand corsage ornaments that royal women retire as fashions change, Margaret
continued to pin this heavy piece to her evening gowns well into her old age, wearing it for
a concert at the Royal College of Music in 1995.
The stomacher vanished from the public eye following her passing in 2002.
Many observers assume it was inherited by her son David.
If the brooch is indeed sitting in the Snowdon vaults, its absence from the modern social
scene is easily explained by practical realities.
The specific formal stage required to properly carry off a massive, mid-century diamond stomacher
rarely exists today.
These historical diamonds likely wait quietly in their cases for the next generation of
the family to take them out.
While some pieces remain hidden simply because the era of grand, formal dressing has faded,
other historic diamonds transition away from the royal spotlight through an entirely different
avenue.
Personal family milestones frequently dictate the movement of significant pieces, allowing
them to shift quietly out of the immediate royal line without ever appearing in a public
sale.
The journey of Queen Mary's Art Deco diamond clips perfectly traces this type of silent
migration.
These versatile geometric clips first appeared in the royal collection during the 1930s.
Their exact origins remain unconfirmed, though jewelry historians suggest Queen Mary likely
acquired the pair herself.
She regularly pinned the clips directly onto the brim of her hat, alongside wearing them
in the more traditional placement on her bodice.
Following Queen Mary's death in 1953, her granddaughter, Princess Margaret, inherited
the Art Deco clips.
Margaret incorporated them into her regular rotation throughout the 1950s.
The clips changed hands again in 1993 through a very traditional family exchange.
When the Honorable Serena Stanhope married Margaret's only son, David, the then Viscount
Lindley, Margaret presented her new daughter-in-law with the Art Deco clips as a wedding gift.
They immediately became the principal jewels of the new Viscountess.
She relied on them for a variety of major family events, pinning them to her tailored
coat for the christening of her son in 1999.
In a fitting tribute to the woman who gifted them, Viscountess Lindley wore the clips for
the funeral of Princess Margaret at St. George's Chapel in Windsor Castle in 2002.
She continued to wear them to high-profile royal gatherings, including the wedding of
Peter Phillips and Autumn Kelley in 2008, as well as for the traditional royal church
services at Sandringham.
A wedding gift presented directly to a bride becomes her personal property, completely
separate from the wider royal vaults or the estate of her husband.
Following the announcement of the couple's divorce in 2020, Serena, now Countess of Snowdon,
has understandably stepped back from the public royal stage.
The Art Deco diamond clips almost certainly remain in her private jewelry box today.
We might naturally wonder if the clips will ever return to the public eye, keeping in
mind that they could very well be passed down to the Countess's daughter, Lady Margarita,
for a new generation of wear.
The visual legacy of Princess Margaret looks entirely different when we turn to the collection
of her daughter, Lady Sarah Chatto.
Because Sarah appears so frequently wearing her mother's diamonds and pearls, it is easy
to assume she inherited the vast majority of the estate.
The reality points more toward practicality than sheer volume.
Her frequent public appearances in these inherited jewels stem directly from how perfectly these
understated, classic pieces align with her personal wardrobe.
While her brother holds the massive antique stomachers and heavy tiaras that require a
formal state banquet to see the light of day, Sarah relies on elegant daytime and evening
pieces that integrate seamlessly into modern royal family gatherings.
A cornerstone of her regular rotation is the pair of Greville Pearl earrings.
These striking pearl and diamond drops, featuring 12 small round diamonds arranged in an
upside-down V-shape above a large pearl, originally belonged to the society hostess
Dame Margaret Greville.
Margaret began wearing them in the late 1950s, eventually giving them to Sarah as a wedding
gift in 1994.
Sarah has worn them to almost every significant royal event since, from the weddings of Prince
William and Prince Harry to the funeral of Prince Philip.
The antique diamond star earrings, which Margaret acquired in the mid-1950s, regularly accompany
Sarah to royal ascot and the traditional Christmas church services at Sandringham.
For Prince Philip's funeral, she also pinned her mother's pearl and diamond star brooch,
a classic six-prong design, to her dark coat.
I always find it fascinating to observe Sarah's specific approach to these heirlooms.
She strictly avoids highly conspicuous, heavy ornaments during the day, choosing instead
to wear pieces that serve as a quiet, almost intimate continuation of her mother's daily
presence.
You can see this subtle curation in her use of the diamond ear-of-wheat brooch, an antique
piece she has worn for Easter services at Windsor Castle and the opening of the White
Lodge Museum in Richmond Park.
She also brought out a very specific pearl necklace featuring a prominent floral diamond
clasp for the coronation of King Charles III, wearing it alongside the Greville Pearl earrings
and a diamond bracelet.
She takes historical jewels and makes them look completely organic to her own life.
This careful integration is most visible in how she wears diamond rivieres.
During her life, Princess Margaret actually owned two very similar single-strand diamond
necklaces, which can be incredibly difficult to tell apart in old photographs.
The longer of the two was the Lady Mount Stephen necklace, a piece of 34 old-cut diamonds bequeathed
to Margaret by Queen Mary.
That specific necklace was selected for the 2006 Christie's auction, where it sold for
nearly a million pounds.
The second diamond riviere, featuring a slightly tighter, more choker-like setting, remained
in the family.
King George VI gave this shorter diamond necklace to Margaret for her 21st birthday in 1951.
Margaret formally passed it down to Sarah for her own 21st birthday celebration at Windsor
Castle in 1985.
Sarah also inherited Queen Mary's Pearl and Diamond Riviere, an antique line of alternating
collet diamonds and round pearls.
Queen Mary was photographed wearing this exact piece in the 1920s while holding a young Princess
Elizabeth.
Margaret predominantly reserved this strand for evening galas in the 1950s and 1960s,
styling it with the lotus flower tiara.
Seeing a necklace that Margaret once draped over ball gowns for formal state banquets,
now repurposed by Sarah for a daytime Thanksgiving service at St. Paul's Cathedral, completely
shifts the visual context of the jewel.
She regularly stacks this pearl and diamond line with her 21st birthday diamond riviere
to attend major daytime celebrations.
Of all the historic necklaces and antique earrings Lady Sarah Chaddow inherited, one
specific jewel stands entirely apart because it was physically constructed just for her.
The story of the Snowden Floral Tiara actually begins with three individual diamond brooches.
When Princess Margaret married Antony Armstrong Jones in 1960, the groom presented his royal
bride with these antique floral ornaments as a wedding gift.
They featured diamond-set petals and leaves arranged on distinct branches, with edges
that look sharp and naturalistic rather than soft and romantic.
Margaret incorporated them immediately into her regular jewelry rotation.
She pinned them to the fabric of her evening gowns, arranged them as hair ornaments for
formal galas throughout the 1960s and 1970s, and notably wore them for the christening
of her daughter, Sarah, in 1964.
Margaret retained the brooches long after her divorce in 1978, wearing them for various
gala occasions and family portraits in the ensuing decades.
The transformation of these brooches happened entirely by chance in 1994.
While Sarah was preparing for her wedding to Daniel Chaddow, her dress designer, Jasper
Conron, noticed the three diamond flowers sitting in Margaret's jewelry box.
He suggested they could be combined to form a bridal diadem.
The jewelers at Wartski took on the commission and approached it with a highly practical
solution.
They designed a custom frame to hold the three pieces together as a tiara, leaving the original
brooch fittings completely intact and untouched.
Sarah walked down the aisle at St. Stephen's Walbrook Church wearing a diadem that physically
represented the beginning of her parents' marriage.
She chose to soften the sharp antique diamonds by wreathing the base of the tiara in fresh
greenery, pairing it perfectly with the grevel pearl earrings her mother had also given her
for the occasion.
Because the Wartski frame preserves the original mechanics of the brooches, the Snowden floral
tiara remains exceptionally versatile, Sarah choosing to wear the individual diamond flowers
as brooches for all subsequent major royal gatherings.
She wore these component floral ornaments for the golden wedding anniversary of Queen
Elizabeth II and Prince Philip in 1997, and again for their diamond wedding anniversary
service a decade later.
When Sarah later loaned her bridal gown to the Victoria and Albert Museum for an exhibition,
she temporarily reattached the brooches to the tiara frame so the complete bridal look
could be displayed behind the glass.
We saw Sarah wear them during the celebratory smiles of family weddings, and we saw her
wear them during periods of profound national mourning.
For the funeral of her aunt, Queen Elizabeth II, at Westminster Abbey in 2022, Sarah pinned
the separate floral brooches directly to her dark coat, pairing them once again with Margaret's
antique diamond star earrings.
While classic diamonds and pearls form the backbone of Lady Sarah Chateau's daily rotation,
she also inherited some of her mother's most highly recognizable colored gems.
Princess Margaret had a clear affinity for colored stones set in elaborate antique frames,
and her collection included two pairs of distinctive drop earrings that entirely avoided the auction
block.
The first is a pair of emerald earrings featuring a pear-shaped emerald, though some sources
suggest the stones could potentially be jade or tourmaline suspended within an 18th-century
diamond frame.
Their exact provenance remains unconfirmed, but it is widely believed they were a gift
from her husband, the Earl of Snowdon.
They entered her collection by the mid-1960s, and Margaret famously wore them for two portraits
taken by him.
She kept these emeralds in regular use for decades, choosing them for a charity concert
at St. James's Palace in 1984 and the state opening of Parliament in the 1990s.
When Sarah arrived at Kew Palace for Queen Elizabeth's 80th birthday dinner in 2006,
wearing these exact emerald drops, the moment served as a highly vivid visual greeting from
the 1960s.
There is a corresponding pair of sapphire earrings in Sarah's jewelry box that closely
echoes this antique aesthetic.
They feature slim, pale blue briolette sapphires suspended within an ornate diamond frame,
accented by two small rubies.
Princess Margaret acquired them in the mid-1950s, wearing them frequently on overseas tours
and for major gala performances during that decade.
Sarah tends to reserve these pale blue drops for more specific family occasions, ensuring
they remain a private but consistent part of her mother's legacy.
Beyond the colored drops, Sarah's inheritance includes substantial, naturalistic brooches
that carry their own highly specific histories.
The diamond floral spray brooch, for instance, dates back to the 19th century and features
a large central diamond surrounded by leaves and stalks set in silver and gold.
Margaret received it in December 1955.
Lord Aberconway presented it to her on behalf of the builders when she launched the ship
Carinthia for the Cunard Steamship Company.
Margaret wore it frequently in the late 1950s, pairing it with her sapphire bandeau for a
banquet in Trinidad, though it largely disappeared from her public appearances after the 1960s.
Sarah brought the diamond spray back into the daylight.
She pinned it to her coat for the Queen's Golden Jubilee service at St. Paul's Cathedral
in 2002, pairing it with Margaret's diamond star earrings.
The 2006 auction at Christie's will always be remembered as the moment Princess Margaret's
jewelry box was opened to the world.
The loss of the Poltimore tiara and her magnificent diamond necklaces still feels like a heavy
blow to royal history.
I always find it deeply unfortunate that inheritance taxes routinely force families to dismantle
a lifetime of personal heritage.
It is genuinely saddening to realize that a massive portion of Margaret's collection
was scattered to anonymous buyers across the globe simply to settle a financial obligation.
Yet, looking closely at the specific diamonds and pearls that avoided the auction block
changes our understanding of what was actually lost.
The descendants of Princess Margaret managed to preserve a remarkable selection of incredibly
meaningful jewelry.
The pieces that remained in the family carry the most significant personal history, even
if they lack the massive carat weight of the sold tiara.
These are the antique earrings Margaret wore while watching her children grow up.
They are the floral brooches presented by a husband on their wedding day, and the delicate
diamond necklaces given by parents to mark a 21st birthday.
When Lady Sarah Chatto wears these historical pieces today, she does so with a quiet, unwavering
dignity.
Her careful curation shows that, while an auction house can disperse hundreds of diamonds,
the core history of a family continues through the specific items they choose to keep close.
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