By Rita Kokshanian
Updated Feb 21, 2015 @ 4:00 pm
Cate Blanchett, Lupita Nyong'o
Credit: Steve Granitz/WireImage, PacificCoastNews

As Marilyn Monroe once put it, diamonds are a girl's best friend. And that statement holds especially true at the Oscars. The awards show, also known as the biggest night in Hollywood, brings out the brightest of stars who are only outshone by the glittering jewels they wear on the red carpet. And with the megawatt list of nominees, presenters, and attendees at the 2015 Academy Awards, we know we're in for some serious eye candy.

In anticipation of the sure-to-be exquisite jewels we'll see at this year's Oscars, we're taking a look back at our favorites from the 2014 show. Click through our gallery to get up close and personal with the most dazzling jewels from last year's Oscars, from Lupita Nyong'o's Fred Leighton headband to Cate Blanchett's Chopard dazzlers.