Bettina's Take: Cocktail for Grayce by Molly Sims

Alexandra Lebenthal Molly Sims  Michelle Smith

Molly Sims, Stefani Greenfield, and Desiree Gruber are three names that are synonymous with style, so it is to be expected that these gorgeous and accomplished women would create something stunning together. Grayce by Molly Sims, their costume jewelry line, is "simple, graceful, feminine. There's nothing hard about it," said Greenfield. "Molly loves layering, vintage looks, and a hint of shine."

Gwyneth Paltrow, Emmy Rossum, Camilla Belle, and Kate Walsh are all fans of Grayce, which Greenfield is proud to say is entirely made in the USA.

"It's all based on what my mom taught me, to always be grateful and graceful," said Sims. "I grew up with her antiques and her vintage, and all the collections from her flea markets, estate sales, her yard sales. It's all that come to life. It's high-end costume jewelry that's fashionable, but I want it to be your everyday pieces."

Sims's friends Alexandra Lebenthal and Michelle Smith generously hosted a cocktail party to introduce the line to a few of their friends, with part of the proceeds of the sale going to the Ideal School of Manhattan.

"I love jewelry, and I'm as happy to wear costume jewelry as I am to wear something from Van Cleef & Arpels. I love vintage jewelry, and the whole collection is based on vintage jewelry that Molly loves," said Lebenthal. "The cause is the Ideal School, which my business partner Michelle Smith started with two other mothers six years ago, for special needs kids. I've fallen in love with this cause; it's the perfect thing to give part of the proceeds to."

Guests were busy buying and trying on, and many left with new baubles. Gorgeous jewelry for a great cause: Is there anything better?

Photo: Alexandra Lebenthal, Molly Sims, and Michelle Smith at the cocktail party