* The Crown Jewels: These are the official jewels of the British monarchy and remain in the possession of the Crown. They are not sold or auctioned. They are considered state property and are not part of the personal collection of the monarch.
* The Queen's Personal Collection: This includes jewelry gifted to her, purchased by her, and inherited. While some pieces were passed down to King Charles III, the rest are being divided between King Charles and the other members of the royal family.
* The Sovereign Grant: This is the funding the monarch receives from the government to cover official duties. The sale of jewels may contribute to the Sovereign Grant, but the details of how proceeds will be used have not been publicly disclosed.
It's important to note that the auction of Queen Elizabeth II's personal jewelry has not been publicly announced. While some reports suggest that some pieces will be auctioned, this remains speculation.
Ultimately, the exact distribution of the proceeds from any potential sale of the Queen's personal jewelry is a matter for the Royal Family to decide and will likely remain private.