Each year, on fashion runways from New York to Paris, Milan, and Toyko, sterling silver is "new again" as designers interpret it in new and exciting ways. What makes sterling silver a fashion perennial? The answer is clear: when it comes to beauty, versatility, durability, and affordability, sterling silver jewelry is unsurpassed.

In the hands of talented artists and designers, sterling silver is constantly "reinvented" to suit the evolving tastes of the women who wear it. But whether as a ring, a necklace, or bracelet, standing alone or presented in combination with gemstones and other precious metalssterling silver is always in fashion.

Here's a look at what's "hot" this year:

Peace of Silver

In 2004, many Oscar presenters and recipients wore gracefully and simply designed "Dove of Peace." pin. Embraced by such Hollywood luminaries as Meryl Streep, Susan Sarandon, Drew Barrymore, and Leonardo DiCaprio, it has also been seen on the Dali Lama and Nobel Peace Laureates Oscar Aria Sanchez, Betty Williams, Mairead Corrigan Maguire, and former UN Assistant Secretary-General Gillian Sorrensom.

Now non-celebrities may purchase the pin in sterling silver pin to demonstrate both their commitment to peace and their fashion sense. The 2005 sterling silver interpretation was designed by award-winning American jewelry artist Henry Dunay to resonate the energy of Picasso's "Dove Of Peace."

Silver Screen

With the enormous popularity of the "Lord of the Rings" series, it comes as no surprise that designers have created jewelry based on the elaborately crafted pieces in the films. Based on the actual pendant worn in the Lord of the Rings film, the Arwen Evenstar Pendant is crafted in sterling silver and comes in a wooden gift box. Measuring 2-1/2 inches in length with a 18" sterling silver chain and a Swarovski crystal stone, each piece is accompanied by a certificate of authenticity, adding long-term value to its other charms.

Works Like A Charm

Charm bracelets are both wonderfully retro and extremely cutting edge. Britney Spears, Jennifer Lopez, Avril Levigne, Hilary Duff, and other high-visibility high-fashion celebrities are wrapping their wrists in silver bracelets with the hip L.A. brand "Eldorado Club."

The "Girlie Charm Bracelet" is adorned with charming femme-friendly charms including a cat, a cocktail glass, and a kitty.

Sterling Silver - Always In Style for Your 25th Anniversary No matter what list you consult -- traditional, modern or the now popular "ultra-modern" (which includes items like clocks and appliances) -- silver is the 21st Century gift of choice for a 25th wedding anniversary. Whether it's silver's durability, its strength, its flexibility or its unparalleled beauty, sterling silver is an exquisite memento of 25 years of loving commitment between a couple.

Topping the list of this year's "What's Hot" in silver wedding anniversary gifts, women say they want charm bracelets, hoop earrings, and hair ornaments. For wives who would like to present their husbands with sterling silver tokens, the "top of the charts" picks are cufflinks, tie clips, money clips, neck chains, and I.D. bracelets.

But #1 for him AND her -- a classic sterling silver Tiffany keyring.