this post was submitted on 15 May 2026
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To be fair, the crown's only "worth" is as a collectable.
It's not equivalent to, say, 750,000,000 kg of Nutella. E.g £5 billion of Nutella, You can't just sell it and distribute the Nutella, it has to be manufactured for £billions worth of work.
The crown has no utility. Its gems don't do anything productive, relative to their value. It can't pay engineers and farmers and such wages to make Nutella, because what are they gonna do with 1/100,000th of a crown?
Practically, if the UK govt sold all royal stuff, what would happen is some ultra-rich would buy it, and... sit on it, at the expense of other collectables they'd have bought instead. That doesn't improve much.
“You’re just going to sit on all those diamonds?”
Better than sitting on all that nutella
I bet some billionaire douche would spend billions on it
It's also worth noting that the crown jewels do seeve a beneficial public service in that they form part of the monetary guarantee for UK currency - the same role as the gold reserves. While not nearly as important after the broad adoption of fiat currency over the gold standard it's still an important aspect of a nation's monetary sovereignty. Tacky as fuck yes, but they're not just tacky as fuck. And definitely far more useful for the country than the actual monarch wearing them.