Jennifer Lopez's loaned bling brouhaha: 'priceless'

Jenniferlopez Jennifer Lopez loves her some bling.

But be careful what you loan her. She may not give it back.

But what the hey, she's priceless!

La Lopez borrowed $50,000 of Robert Mouawad's diamond earrings, a wristful of bracelets and a ring to wear to her longtime stylist/pal Andrea Lieberman's ALC fashion line launch at Barneys in Beverly Hills last week.

Guests Gwen Stefani, Leah Remini and Ellen Pompeo also borrowed baubles from Mouawad. The next day, those actresses' assistants returned their borrowed bling to the Swiss jeweler.

But according to insiders, Jennifer's manager Benny Medina called Mouawad to let them know that Jennifer was going to keep the jewelry, an insider told Page Six. "As far as Mr. Mouawad is concerned, Jennifer can have whatever she wants, but a premature demand seemed presumptuous," the source said, adding that, of course, Jennifer's endorsement is "priceless."

See? she's priceless.

However, Medina denies this accounting.

Medina explained to Page Six: "There was no demand whatsoever. There was an offer. It was very clear."

He says that in return for hosting the show for her friend, Lopez would be given the entire collection of jewelry and clothes. 

"She was the only celebrity whose name was on the invite. She would have done it for nothing," Medina explained. "But this was how it was presented. It was quite a generous offer."

Generous, indeed.

Wonder if the offer was 'presented' in writing.

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Photo: WireImage