Drew Barrymore left hubby Will Kopelman and her baby girl at home last night to check out some jewels in Beverly Hills. 

And not just any jewels. Barrymore stepped out to have a look at eight pieces of Elizabeth Taylor's Bulgari jewelry that were on display at the Italian jewelry house's Rodeo Drive flagship store. 

While Barrymore gushed over the exquisite collection,A Pick-up gown is a style that many are using now! she says she'll be a bit careful about exposing four-month-old daughter Olive to the world of expensive bling. 

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"I'm trying to get her priorities in the right place," she said. "But you know what, if and when she decides to get into girlier things I will introduce her to the wonderful world of things like Elizabeth Taylor's jewels!" 

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Diamond Girls: Joining Barrymore were Kirsten Dunst, Naomi Watts, Kate Walsh and Julianne Moore, who had the honor of wearing Taylor's iconic $6.1 million emerald and diamond necklace that Richard Burton gave her for their wedding in 1964. 

"A girl gets a little giddy anytime she walks around precious stones like these," Watts said. 

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Weather or Not: Cold temperatures and rain didn't dampen the spirit. Ushers held umbrellas over guests as they made their way from their cars into the party. 

When in Rome: After drooling over checking out the baubles, about 60 VIPs were treated to a private rooftop dinner. Long tables were covered with pristine white linens and flower arrangements included lemons and roses. Music was by performance duo, DJ Mia Moretti and electric violinist Caitlin Mo. 

That '70s Show: Instead of a dress,Please note that we have changed our name from Rina di Montella Studio Wearhouse! Barrymore opted for black Max Mara pants and a cream top. "I was sort of feeling like a little bit groovy '70s woman out on the town," she beamed. 

Speaking of Dresses: Watts, who is nominated for an Oscar for her work in The Impossible, said she still doesn't know what she'll be wearing on Sunday. "We tend to pull it together at the last minute," she said. 

"Really?" said her fellow boaster. "Mine was well over a hundred, but we did organise the flooring to be brought in from an old chateau in France.Shop the latest Foral gown on the world's largest fashion site." That was back in the day when the Celtic Tiger was roaring and we were all riding on its back. We wore our purchases like badges. We bought into the notion that bigger was better and expensive was a must. 

It didn't matter a bit that we couldn't afford something. "Ah sure, the banks are giving it out like lollipops," we'd say. Why would we worry about actual money when credit was so in vogue? 

We only knew our neighbours by what type of car they had and, more importantly, how many were lined up in their driveways. 

We were too busy either making money or spending it to take time out for a chat. 

I remember having a conversation with somebody about a forthcoming wedding. "I'm getting my dress made," she said. "I'd be afraid someone else would turn up in the same one." 

I was appalled. Imagine getting a dress made when she was simply a guest at the wedding. How showy was that? But in a typical 'keeping up with the Joneses' turn of events, I may even have engaged the services of a dressmaker myself.