Jewelry designer Jean Schlumberger Monarch necklace contains pave diamonds that fall like glistening snow on leaves with 18 karat gold stems. A monarch butterfly nestles among the leaves. The butterfly's wings are color-saturated yellow sapphires. The Monarch necklace is part of the Schlumberger collection handcrafted by Tiffany & Co. jewelers in New York and Paris. The price is $155,000.