Russell Simmons’ jewelry line, Simmons Jewelry Co. (as we mentioned, available at your local Kay Jewlers) is celebrating the 10 year anniversary of Sponge Bob Square Pants with a limited edition 12 ct white diamond pendant valued at $75,000. The pendant also includes 18 ct of yellow and white gold and will be sold off at auction to raise money for a non-profit org led by Simmons.

Too bad Sean Kingston does not have another hit single. He is the ONLY person I could think of that would realistically bid on this. Via: ProHipHop