On Jan. 14, 2014, Barack Obama might have been admiring the watch he wasn’t going to keep, but the first lady got a “diamond and emerald jewelry set including necklace, earrings, ring and bracelet.” Value? $560,000.

On April 15, 2014, she received an identically described set, but this one was worth $570,000.

Malia and Sasha weren’t left off the Saudi king’s list. On Jan. 14, 2014, they received “diamond and emerald jewelry set including earrings, necklace, ring, brooch, and wristwatch. Diamond and ruby jewelry set including earrings, necklace, ring, brooch, and wristwatch.” Price tag: $80,000.

It may seem odd to give away items that the recipient almost certainly won’t keep, but presents like these apparently play a small but not insignificant role in global diplomacy. In each case, under the heading “circumstances justifying acceptance,” the State Department says “nonacceptance would cause embarrassment to donor and U.S. government.”