This is a handmade necklace. The lace is hand tatted by Irina Astratenko. I made its copper extended toggle clasp (sorry no picture, but it is similar to this one). I also made the beaded bezel for the red Swarovski drop. I usually use a tektite and make a silver bezel for it, but I've run out of tektites. I like the result, though :)
Well, you might ask why it is a "princess"... That is because, there is also a "queen" :) that I will show some other time :)
UPD. This necklace is available at the Just Jewellery gallery.