“Harry Potter” author J.K. ROWLING was presented with a 40-diamond bracelet by Warner Bros. for allowing the studio the film rights to turn her best-selling books into…you guessed it…best-selling films.

Is it true that diamonds are a girl’s best friend?

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If this is so, then Hollywood gossip news can’t fault J.K. Rowling for bringing a small army of wand-wielding wizards bodyguards with her to protect her new “best friends” during the after-party for the last “Harry Potter” film’s London premier.

JK Rowling, the Harry Potter author somehow her necklines have been plunging lower and lower with each recent red carpet appearance. And each time the likelihood that JK Rowling would suffer an embarrassing wardrobe malfunction has increased.

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