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Picture Perfect Penelope

"Volver" star Penelope Cruz gave the camera a winning smile that sparkled almost as much as the 19.48-ct chandelier white diamond Chopard earrings she wore Wednesday night at the Hollywood kick off for Cruz's (in partnership with Dolce & Gabbana) Charity Auction to Benefit The Art of Elysium. With a line of stars coming out to the Chateau Marmont in support, the Spanish beauty had plenty of reasons to smile that night - and even more the next morning with the announcement of her Golden Globe nomination for Best Actress in a motion picture drama.

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