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As one of the greatest landowners, the Queen derives an income of about £94,600 or $265,000 a year from the Duchy of Lancaster. The royal family also receives the revenues of the Duchy of Cornwall, which amount to about £90,000 or approximately $250,000 a year. This duchy, comprising about 133,000 acres spread throughout the west of England, includes farms, hotels, tin mines, even pubs. Seven palaces and eight royal houses also are the property of Elizabeth as Queen. One, Sandringham in Norfolk, an estate of 17,000 acres including fifteen well-kept farms, is a family holding. The Balmoral estate in Scotland comprises 80,000 acres. The family holds more than seventy-five choice bits of London real estate. Both fortune and property are carefully managed. Nothing is wasted. The game birds that fall to the guns of shooting parties at Sandringham and Balmoral are sold on the commercial market after the household's requirements have been met.

The Crown is not only a prosperous and wealthy establishment. It is also the center of a unique complex of commercial interests. The manufacture of souvenirs connected with the royal family is big business. These souvenirs range from hideous, cheap glass ash trays and "silver" spoons stamped with a picture of Buckingham Palace or of the Queen and the Duke to "coronation" wineglasses and dinner services sold to wealthy tourists. A whole section of British publishing is devoted to postcards, picture books, and other records of royal lives and royal occasions.

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