The newly crowned King is set to auction off several royal belongings, some of which used to be the late Queen's favorite possessions.
King Charles' coronation is due to take place next year on May 6, and the King now is under a hectic schedule to get used to the new role. And one of the first tasks to do for a newly crowned Monarch is to rearrange Buckingham Palace.
Recently, King Charles made the decision over some of the Queen’s properties that he inherited, reports the Mirror.
Queen Elizabeth II's lifelong passion
According to the publication, King Charles III is taking a different route after inheriting Queen Elizabeth II's top racehorses, as while he will 'continue with the traditions and connections' his mother had, it will not be 'on the same scale'.
The Queen is known to have a lifelong passion for horse racing. Her love for horses remained undiminished, whether it was her success breeding native ponies, her equine charitable work, or, most notably, her long and successful relationship with the thoroughbred racehorse.
She won the St. Leger Stakes, Epsom Oaks, 1,000 Guineas, and 2,000 Guineas, and the only one of the five British Classic Races she didn't win was the Epsom Derby. She was awarded British Flat Racing Champion Owner in 1954 and 1957. It's a facet of the sport she took a special interest in, and it's been stated that she found joy in watching her beloved horse from the time it was a foal until it was ready to race.
King Charles will sell the Queen's horses
However, King Charles III might not share the same interest as his mother when he is set to sell all of the best-performing racehorses he inherited from his mother, Queen Elizabeth II, when she died last month, on September 8.
The new monarch's prized 12 racehorses will be auctioned off at the Newmarket Tattersalls.
This year, the long-reigning monarch entered a record 37 horses in races, of which Charles received a third. Elizabeth received her father's breeding and racing stock in 1952, following the passing of her father King George VI, and this sparked a passion for the sport that lasted her whole life.
Although the Queen had to pay a significant amount out of her personal funds to maintain her passion since it wasn't always profitable, last year was her finest in racing. She watched 36 of her horses take first-place awards, and she was awarded a whopping £590,000.
Which horses will be sold?
Just Fine, trained by Sir Michael Stoute and the first horse to triumph for the new monarch is one of the horses up for sale. Despite being the Queen's final victory at Goodwood just two days before she died away, Love Affairs will also be placed up for sale, according to The Mail on Sunday.
Charles, who resides in Sandringham and owns 60 racehorses and 38 brood mares, is anticipated to begin lowering the numbers shortly. Similar to the Queen's last breed, the 30 foals coming in the new year are probably going to fetch great sums when they are sold.
Charles will cut back on the number of horses he owns, according to a royal insider, who also said:
‘The family's involvement in the horse racing sector will remain. The desire is to continue with the traditions and connections with Royal Ascot but not on the same scale as Her Majesty because she had a passion.’
Some horses have already been sold, the source continued. According to them, this is a normal part of the collection's operations, which also include purchasing and selling off the animals.
The scheduled sale this month is a significant increase from the Queen's typical seven-horse sales each year. Even though her business began in the 1950s with only two trainers and 20 horses, it is estimated that the late royal earned roughly £10 million in prize money over the course of her lifetime.