Scarlett and Penelope: Two Glittering Stars. Too Much Beauty.

Diamonds, sapphires, gold, gowns, Scarlett, Penelope…is there such a thing as too much beauty? The red carpet literally beamed this week at the LA premiere of Woody Allen’s latest film, Vicky Christina Barcelona, as the two gorgeous A-listers gave photogs the answer to their collective dreams. You gotta hand it to Woody – he sure knows how to pick ‘em. The film, shot in (you guessed it) Barcelona, is one of a few Woody Allen flicks to be filmed outside of his native New York, and Oscar is already buzzing.

The ladies dazzled in a picture of contrasts. Scarlett in a long, red Monique Lhuillier gown and a Sonia Boyahian statement necklace that sparkled in a series of gold chains and lockets. (Ms. Boyahian is a friend of the star’s, who also designed her engagement ring to hunky actor, Ryan Reynolds. We’ll be keeping our eye on her). Penelope’s long, dark locks were perfectly complemented by a classic, black Herve Leroux gown and Chopard diamond and sapphire gems.

As if there wasn’t enough eye candy, Ms. Cruz’s current love interest, Oscar-winner and dreamboat, Javier Bardem is ALSO in the cast. Oi! It’s just too much. The press was prohibited from asking them about their relationship on the junket, but the Jewelry Insider hears that wedding bells are in their future. Maybe they can do a double ceremony with Scarlett and Ryan? We mere mortals can only take so much.