The Marcos jewels are divided into three parts (the Hawaii, Roumeliotes, and Malacañang collections), two of which are still under legal dispute. The group heading for auction now is the Hawaii collection, the gems seized by U.S. Customs when the Marcos family arrived in Hawaii after leaving the Philippines. In November 2015, officials from Christie’s and Sotheby’s appraised the jewels again in anticipation of a potential auction. Treasures they found in the Hawaii collection include a rare 25 carat pink diamond and this diamond tiara:
Cartier Essex Tiara and Queen Elisabeth's Cartier Bandeau Tiara which belong to the French jewel house, the Cartier Diamond and Pearl Tiara and Queen Maria Christina's Cartier Loop Tiara from Spain, or the Khedive of Egypt Tiara now with Queen Anne-Marie of Greece. It’s easy to imagine this diamond tiara drawing a high price, and I wonder if Cartier will attempt to get it back. Hopefully the auction will shed some light on the history behind this piece, because its Marcos ownership is most of what we know about it today.
Video: A November news report on the reappraisal of the collectionAfter decades of storage, the Philippine government is now hoping to move quickly to auction the estimated $21 million collection. They are also planning to exhibit the jewels for the public. The Marcos couple’s son, Ferdinand Marcos Jr., is currently running for vice president, leading to concerns that he could interfere if elected; he has already criticized the actions. For this tiara and these jewels, the story is hardly over.
For more on the proposed auction, see this CNN story.
Photos: via Getty Images, GMA screencap