A diamond tiara that once belonged to one of Britain’s most extravagant aristocrats is up for sale on Saturday at a prestigious European art fair.The Anglesey Tiara was at one time owned by Henry Cyril Paget – fifth Marquess of Anglesey.It is expected to fetch a six-figure sum at the event in the Netherlands.But behind the jewel-encrusted treasure lies a story of squandered wealth, Edwardian scandal, and an accusation of “erasing Welsh queer history”.The tiara dates from about 1890, and was left to Paget in 1898 on the death of his father.At the same time, he acquired the family title, and family estates in Staffordshire, Dorset, Anglesey and Derbyshire.He also inherited wealth – fabulous wealth.The fourth marquess left the 20-something Paget an estate worth £535,000 – equivalent to about £60m today.In addition, the family homes and estates generated an annual income of £120,000 – worth some £13m in 2020. Forgotten pictures of marquess Seven people who changed LGBT history Just who inherits? But in the space of just over five years, the marquess had blown the lot, been declared bankrupt, and died from complications of tuberculosis in Monte Carlo.Newspapers in March 1905 declared his death a “wasted life”.The Times obituary… Read full this story
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