Late Queen’s lavish diamond brooch worth over , but no one knows who owns them now

Diamond Jubilee - Carriage Procession And Balcony Appearance

The late Queen wore the brooch at her Diamond Jubilee in 2012 (Image: Getty)

The phrase ‘Granny’s Chips’ probably makes one think of their beloved nannies frying off potatos for a hearty dinner; but for the royals it has a much greater significance.

Queen Elizabeth II used the phrase to refer to one of her most prized possessions- a gorgeous diamond brooch that is consider to be the most valuable in the world.The late Queen recieved it as a gift from her grandmother, Queen Mary, wearing it only a handful of times throughout her 70-year reign.

The high value jewels hold a momentous place in history after being passed down from generations of monarchs.

World's Largest Diamond Jewellery Is Prepared For Jubilee Exhibition

The dazzling accessory made from two diamonds, Cullinan III and Cullinan IV,The two diamonds are worn together to form the brooch known fondly by Her Majesty as ‘Granny’s Chips’.

Scientists have estimated that the diamonds were formed more than one billion years ago at 250-400 miles below the earth’s surface. These jewels have been around before human life.

Both diamonds were cut from the unexampled Cullinan, a much larger diamond that weighed . The Cullinan III and IV on the prized brooch weigh Jewellery Made From The World's Largest Diamond Is Prepared for Jubilee Exhibition

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