In the modern world such behavior is rarely seen even among less wealthy families. Nevertheless, Peter I issues a decree banning the sale of crown jewels, and at the time of Nicholas’s II reign they were worth a whopping 150 million rubles, while all other Romanovs’ personal and real estate assets estimated at 120 million rubles. Jewelry was given on multiple occasions: on birthdays, name-days, weddings and engagements, on religious and public holidays. It wasn't merely required by protocol, but the giver was directly involved in creating the jewellery piece.
Nowadays many people start showing genuine interest in the history of previous generations, people are trying to restore former traditions. It appears that one of these traditions was giving of jewelry. Our predecessors can well be our role models when it comes to attitude to jewelry, including many points of view regarding their application, the Romanov family were and still remain the best example of such attitude. The rulers of one of the most powerful empires in human history, in daily life Romanovs’ were very modest people. The beauty, or as one can say, the asceticism of Peter the Great’s study interior was sustained by the later generations of Romanov family, and tsar Nicholas’s younger children wore the hand-me-downs of the older ones.