The Academy Awards showcase the greatest achievements in cinema from the past year, honoring the best acting performances, cinematography, visual effects and much more. The evening is always sure to include unforgettable speeches, viral moments like Ellen DeGeneres’ star-studded selfie, and the very best in fashion. People around the world will gather together to tune in to the festivities of the red carpet, many with special interest in the glitz and glamour of the evening. The women of Hollywood wear gowns from the biggest names in fashion and jewelry — some of which carry a hefty price tag. From emerald earrings to blue diamonds, dazzling pieces have graced the red carpet since the awards began in 1929. Take a look at the 10 most expensive pieces of jewelry that celebrities have borrowed for the Academy Awards over the years from HOLA!