Pamela Anderson turned heads when she arrived on the red carpet at the 2025 EE BAFTA Film Awards in London.

The Last Showgirl actor went makeup-free and stunned in an all-white, floor-length gown by Jacquemus with detailed ruching and matching white pumps. Anderson, who is the Globe Ambassador for Pandora, completed her look with a gorgeous necklace, ring, and earrings from the Danish brand.

People have not been able to stop talking about her collar necklace, and one of the most surprising things about is how much the exquisite piece actually cost. Here’s more on that and where you just may have seen the same necklace before.

Anderson did not wear traditional diamonds

The custom necklace Anderson donned at the awards ceremony on Feb. 16, 2025, is a recycled piece she also wore to the Golden Globes and 2024 Met Gala. It has been reworked utilizing Pandora lab-grown diamonds.

“The Met Gala was a huge moment for me–it was about expression, creativity, and conversation, and finally, being part of that night was so special,” the former Baywatch star told InStyle. “I remember how my jewelry that night caught the light and how good it felt to wear something that wasn’t just beautiful but purposeful.”

Anderson added: “This necklace isn’t just stunning–it’s meaningful. It’s been reimagined from moments that matter to me, my first attending the Met Gala and my first Golden Globe nomination experience. I am carrying that excitement and beauty from those nights still, and this piece represents that. It feels like a reflection of my own journey–it still has that same sparkle I remember, but now with a new energy–proof that beauty can be timeless and adaptable.”

How much Anderson’s necklace cost

The jewelry experts at the U.K. retailer Steven Stone discussed Anderson’s necklace and explained that because the diamonds are “lab-grown,” the cost of those 68 carats isn’t astronomical. While gemstones created in a lab have the same chemical and optical properties as those formed within the earth’s crust, mined diamonds are worth much more and will retain their value over the years. 

Maxwell Stone said: “A reflection of her personal journey and cherished milestones, Pamela’s custom necklace was reimagined using diamonds from her first Met Gala and Golden Globe nomination. As a result, it carries the magic, excitement, and beauty of those unforgettable nights.

“Pandora’s creative directors, Francesco Terzo and A. Filippo Ficarelli, are the visionaries behind this recycled masterpiece. The talented duo reimagined the original necklace’s 68 carats of lab-grown diamonds, crafting them into a captivating cascade of teardrop shapes.”

Maxwell added: “Though undeniably mesmerizing, the necklace isn’t as valuable as one might expect due to its lab-grown diamonds. Even though the most skilled diamond experts and geologists can’t distinguish them from natural diamonds, there remains a significant difference in value. As a result, I’d estimate Pamela’s necklace to be worth approximately $20,000.”