British Women Have £26 Billion Stash of Unused Jewelry

Posted Oct 15th 2009 at 6:40PM by Erin Donnelly (Subscribe to Erin Donnelly's posts)

Is your jewelry box a treasure trove? Photo: Getty Images

Get Cash4Gold on the line, stat!

We're going through our jewelry boxes after a new poll has revealed that British Women are sitting on more than £26 billion (or about $41.5 billion US) worth of unused jewelry, England's Daily Express reports.

Yep, according to the survey conducted by insurer Sheilas' Wheels, those broken baubles, busted watches, discarded door-knocker earrings, old love tokens and other forgotten bling makes up for 65 percent of the £40.5 billion jewelry stockpile owned by British women, the paper reports.

If that seems like an extraordinary amount, just think of all the loot Queen Elizabeth must has stashed in her jewelry box. And don't get us started on Elton John.

The poll reportedly also found that one in six women wears just 1 percent of her jewelry collection, and that 37 percent hang on to old earrings.

Now, if anyone needs us, we'll be at the pawn shop. Think they take old slap bracelets?

See what's inside Madeleine Albright's jewelry box.

Tags: british women jewelry, cash4gold, jewelry, jewelry box, madeleine albright jewelry, MadeleineAlbrightJewelry, old jewelry, queen elizabeth jewelry, QueenElizabethJewelry, sheilas wheels, SheilasWheels, value of jewelry in britain, vintage jewelry

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