Cathy Waterman's new jewelry collection is launched - By Monica Corcoran

MAYBE it was material modesty. Or a blip in the gilded zeitgeist. Whatever the reason, it was decidedly ironic that no one wanted to gush about gems at a party to celebrate jewelry. "To me, jewelry represents vulgarity because the trend is about ostentation and bravado," said Jamie Lee Curtis, perched on a window seat at her Pacific Palisades home.

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