Episode two begins in Russia, where in 1917 the wealthy Grand Duchess Vladimir publicly declares her opinion of her nephew, Tsar Nicholas II, and his incompetent way of governing the country. The nephew exiles his aunt to the Caucasus and her grandiose jewels are left at the palace in St. Petersburg.During the revolution her son dresses up as a craftsman and sneaks into the palace collecting several large sets of jewellery, which are later smuggled out of Russia. Today the English Queen Elizabeth II wears the Grand Duchess' very beautiful diamond tiara.