This awards season, a star was born.

We’re talking about Lady Gaga’s transformation from singing superstar to acting legend, courtesy of her supernova performance as up-and-coming artist Ally in A Star Is Born. On every red carpet thus far, from the Golden Globes to the Screen Actor’s Guild Awards, Lady Gaga’s fashion choices have reinforced the message of the season: I have arrived.

And her outfit at today’s Oscars was no different. Clad in a fitted black taffeta gown by Alexander McQueen and a pair of elbow length gloves. Around her neck was the gobstopper Tiffany yellow diamond from the Tiffany & Co vault and matching earrings worth a cool £52 million ($69 million).

The jewels were last seen in a slightly different setting around the neck of Audrey Hepburn for the promotional pictures for Breakfast at Tiffany’s in 1961. The brand has never let the diamond out of its vault since then. Until now.

Academy Awards 2019: the hidden message in Lady Gaga's priceless necklace