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Dresses may be the main event on the red carpet at the Academy Awards, but the jewelry worn on these actresses are the million-dollar showstoppers.

From Olivia Munn's $1 million dollar bracelet to Charlize Theron's $15 million dollar necklace, you need to see the breathtaking jewelry the stars wore for Hollywood's biggest night.  

Trust us, you'll be in awe over the stunning pieces that graced the Oscars red carpet over the years. Click through to see the most expensive Oscar jewelry of all time!