When Paula Crevoshay first received the 70.13 ct. carved Brazilian opal that would anchor Pali's Mist, she was perplexed, to put it mildly. "It wasn't a dragon, and it wasn't a fish—I kept turning it every way," she recalls. Eventually what emerged from her sketches was a sea dragon. The Albuquerque, N.M.–based designer dotted the golden wings with black diamonds, decorated the torso with Mexican opals, and christened her Pali. Now, Crevoshay has become "obsessed" with the Australian ocean dwellers. "Their evolution and their ability to protect themselves through camouflage is just exquisite." Not surprisingly, she's pondering plunging into another aquatic creation: "I have something that's been in my safe—this piece that's perplexed me forever. It may be another sea dragon!" Getting the Hang of ItAnyone who spied Pali at the recent AGTA Spectrum Awards may remember her hanging on