AdmirerUS
Majesty
- Joined
- May 31, 2012
- Messages
- 6,034
- City
- Midwest
- Country
- United States
Artemisia - put aside the issue of taxes largely precluding "gifting" gems from the Crown Collection. I do have a question.
Can Elizabeth as Queen gift any of the royal collection excepting the crown jewels as she sees fit? Or can she dispose of them in any way she pleases? Are they hers to do with as she wishes? Or does the designation as part of the crown collection limit her (and Charles when he becomes King) in any way? They do belong to "the state," but what does that mean?
For example, should she have a need to raise money for the kind of royal residence renovations required after the fire at Windsor - could she have sold off bits of the collection? Could she sell pieces for cash, would they be subject to taxation and would that exemption extend if, for example, the cash were used to buy homes for Harry's hypothetical children? Or to put geothermal heat in all royal residences?
I ask purely out of curiosity.
In general, in addition to the tax avoidance issues, I do realize (despite the transparency legislation enacted in the 90s) that there is no way of knowing what all is in the royal collection. If things were broken up and sold or gifted, and were not some the obviously identifiable large gems, that this could be done quite easily. I don't think it is done, mind you, but I do wonder.
Can Elizabeth as Queen gift any of the royal collection excepting the crown jewels as she sees fit? Or can she dispose of them in any way she pleases? Are they hers to do with as she wishes? Or does the designation as part of the crown collection limit her (and Charles when he becomes King) in any way? They do belong to "the state," but what does that mean?
For example, should she have a need to raise money for the kind of royal residence renovations required after the fire at Windsor - could she have sold off bits of the collection? Could she sell pieces for cash, would they be subject to taxation and would that exemption extend if, for example, the cash were used to buy homes for Harry's hypothetical children? Or to put geothermal heat in all royal residences?
I ask purely out of curiosity.
In general, in addition to the tax avoidance issues, I do realize (despite the transparency legislation enacted in the 90s) that there is no way of knowing what all is in the royal collection. If things were broken up and sold or gifted, and were not some the obviously identifiable large gems, that this could be done quite easily. I don't think it is done, mind you, but I do wonder.
Last edited by a moderator: