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Angelina Jolie in H. Stern at the 2004 Oscars. This necklace by H Stern is serious stuff: $10 million in important diamonds in a graceful waterfall that emphasizes the plunging neckline of her gown.

Every year, Hollywood’s awards season culminates to its grandest of all awards, the Academy Awards. Also known as the Oscars, for short, the annual awards ceremony celebrates the best in cine…