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one of the most prestigious and historic orders of chivalry in the world. De Bourgoing wrote in 1789 that "the number of knights of the Golden Fleece is very limited in Spain, and this is the order, which of all those in Europe, has best preserved its ancient splendour". Each collar is solid gold and is estimated to be worth around EUR50,000 as of 2018, making it the most expensive chivalrous order. Current knights of the Spanish order include Emperor Emeritus

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