Answer:
Kings and queens may cling to power and the jester's got his call. But as you may discover the common one outranks them all. What am I?
I am an English word with 3 consecutive double letters.
I lose my head in the morning and regain it back at night. What am I?
Whoever makes it tells it not. Whoever takes it knows it not. Whoever knows it wants it not
When young I am sweet in the sun. When middle-aged I make you gay. When old I am valued more than ever.
Though not a plant, has leaves. Though not a beast, has spine. Though many wouldn't need this thing, It's more valuable than wine.