3. The Tiara with Lotus Flowers
Donn by: Lady MargaretSince 1923, the owner
Value Estimate: $4 million
Although Kate Middleton currently owns the Lotus Flower Tiara, Princess Margaret originally had ownership of the band of diamond arches that is capped off with a single pearl.

Princess Margaret's Lotus Flower Tiara ©Kypros / Gettyimages.com
The tiara was formerly owned by the Queen Mother, however it was originally a necklace. It was given to her by her husband for their 1923 wedding, and the Queen Mother had it altered to become a tiara. To the dismay of admirers worldwide, Kate has worn the art deco jewelry multiple times, but it hasn't been seen in a few years.
Princess Margaret wore it a lot, which is possibly due to the fact that it is elegant yet still subtle. A little tidbit of diamonds, especially one that goes all the way back to the turn of the 20th century, says "royal" better than anything else.
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