The 1 Piece of Jewelery Every Woman Needs, According to Gwyneth and Reese's Jeweler

Living in a trend-driven world, it can be hard to keep up with what's "in" and what's "out" — especially when it comes to jewelry. Super chunky statement necklaces? Yawn. So over it. Oversize hoops? Meh, depends on the occasion. And while body chains and rose gold items are currently in style, by this time next year their days could be numbered.

So when we had the chance to chat with one of Hollywood's most famed jewelry designers, Neil Lane (who also sells affordable pieces at Kay Jewelers, Jared, and Zales), we just had to ask: what's the one diamond item every woman should own? Something that'll last forever and won't be phased out?

"Definitely a pair of diamond earrings," Neil responded without hesitation. "Every woman should have diamond earrings that take them from their work place to cocktails to a meeting to a date. [It's] a jewel that translates and transforms from day to night. They light up the face, they're very elegant, and they can take sort of a drab wardrobe and lighten it all up."

With an answer that detailed, how could we not want to shop? Scroll through to update your collection with a pair of everyday studs and drops, then check out what real diamond sizes look like against the average hand.