We first spotted actress and face of Dior, Marion Cotillard in a short white number by Elie Saab Haute Couture which featured a heavily beaded one-shouldered bodice -- not unlike the single-strapped dress she wore to the Golden Globes -- with floral appliqué at the hem.
The French beauty paired her dress with sky high white platforms, also from Elie Saab, and again finished her look with Chopard jewelry: note the whopping 28 carat cushion cut emerald and diamond ring set in platinum.
Going in a darker direction, Cotillard's "Nine" co-star, best supporting actress nominee Penelope Cruz, dazzled in a curve-hugging black L'Wren Scott gown encrusted with so many jet-black beads that it must have weighed, like, 20lbs.
Cruz completed her look with peep-toe pumps by Casadei, and like Cotillard, rocked Chopard jewels -- namely, a 23 carat bracelet studded with radiant cut yellow and white diamonds.
While best leading actress winner Sandra Bullock donned a black form-fitting Alexander McQueen key-hole gown with cobalt blue beads in the shape of feathers decorating the neckline.
Perhaps all the ladies were paying homage to beaded-up "Golden Girls" actress Betty White, who celebrated her Life Achievement Award, presented by Sandra Bullock, in a turquoise -- 2010's color of the year -- dress with sheer, embellished sleeves.
And see which gem of a trend made a bold statement at the 2010 SAG Awards.