Behind Imelda Marcos' 'Ill-Gotten' Diamond Collection, Worth MillionsPhotos: Noel Celis/ AFP/ Getty ImagesThe Hawaiian jewelry selection of the former first lady of Philippines, Imelda Marcos, will probably be auctioned off - a move licensed by the Philippine government. The product range, reportedly worth an estimate of $21 million, was seized in 1986 by US Customs. Two other collections are being contested essential.The star on the Hawaiian collection could be the rare pink diamond at 25 carats, watches worth an estimate of $5 million. The Cartier diamond tiara tag heuer imitation , initially worth $50,000, is actually said to be worth approximately 500,000 dollars, based on a revaluation in November.The diamonds will be displayed in public areas prior to a auction in March, under the caption "Virtual Jewelry Exhibit, A narrative of Excesses: What can have fuelled a nation's development". According to the Presidential Commission on Good Government, the exhibit serves to boost awareness from the public within the Marcos family's twenty year dictatorship."The collection is usually a critical section of the past," said Richard T. Amurao, Chairman on the PCGG. "We believe the exhibition of the ill-gotten jewels will certainly be a great vehicle to boost awareness -- especially for younger people and people who have forgotten -- as well as remind the Filipino people of the possible risks with the two-decade regime of corruption which was underneath the Marcoses swiss replicas watches ."
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