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The Princess of Wales (formerly known as Kate Middleton) attended the Wimbledon Men’s Final with Prince William, Prince George, and Princess Charlotte on July 13, and fans can’t stop talking about Kate’s look.

William’s wife donned a cobalt blue A-line midi dress with a V-neck by Roksanda. She completed the elegant look with her signature Cartier Trinity hoop earrings, a Cartier Ballon Bleu watch, and debuted a brand-new necklace.

The jewelry experts at Steven Stone have shared the details about Kate’s newest accessory and how much it cost.

Maxwell Stone told Showbiz Cheat Sheet: “At this year’s Wimbledon, the Princess of Wales subtly debuted a new piece from her jewelry collection — Daniella Draper’s Gold & Diamond Luxury Forever Trace Chain Necklace. Crafted from recycled 9-carat yellow gold and hand-set with eight brilliant-cut diamonds, the elegant design perfectly complements her timeless style.”

He added, “Priced at £3,175 ($4,267), the necklace is a beautiful example of understated luxury with a sustainable edge — something the princess is known for, having previously championed eco-conscious fashion and jewelry made from recycled and ethically-sourced materials. Interestingly, the pendant bears a striking resemblance to her illustrious Olympic ring necklace by Cartier, which commands a much higher price tag of around £54,000 ($73,000).”

The latter necklace was a gift from Prince William for Kate’s 30th birthday.