In 1932, Coco Chanel started a jewelry revolution. Up until then, the designer had shown costume pieces worn with her clothing. But at her exhibit in Paris, "Bijoux de Diamants," she debuted Chanel's first fine jewelry: diamonds set in platinum. And she eschewed the usual jeweler trays in favor of wax busts. To celebrate the 80th anniversary of the exhibit, Chanel has created a new collection of diamonds, pink sapphires, pearls and more, called the 1932 Collection.