Guardian investigation estimates Charles has inherited gems worth at least £533m from the queen

A 94.4-carat pear-cut diamond will have an unexpected starring role in the coronation of King Charles III. The stone will sit in the centrepiece of the crown worn by Camilla, the Queen Consort, replacing the Koh-i-noor, the better known but controversial jewel that was plundered from India.

Unlike the Koh-i-noor, the replacement diamond is not part of the state-owned crown jewels. In fact, the Cullinan III is one of two large diamonds known as the Lesser Stars of Africa the second being the Cullinan IV – that were privately owned by the late queen. They usually sit in what is probably the most valuable brooch in the world; one that, with its royal connections, could be worth well over £180m. They are also now the stars of what are likely to be the king’s own treasure chest of gems.

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