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Never has the term high-low dressing been more applicable. Oscar nominee Helen Hunt hit the red carpet in a gown with a label we never expected to see on the Academy Awards red carpet: H&M.

But she didn’t skimp when it came time to accessorize the mall-store gown, adding a Martin Katz diamond brooch to the back of the dress, plus a necklace and bracelets from the jeweler, which Hunt noted totaled up to $700,000 worth of jewelry.

PHOTOS: Oscars 2013: The Best & Worst Dressed

Looks like Sharon Stone will have to give up her title of Most Frugal Oscars Dresser. (The actress famously stunned when she showed up at the 1996 Academy Awards in a Gap turtleneck.) Hunt has out-bargained Stone by wearing this midnight blue silk and satin strapless dress, which retails for around $80.

Tell us: What do you think of Hunt’s H&M dress?

RELATED: Then & Now: Jamie Foxx's Daughter: All Grown Up At The Oscars!


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