Remember the "Heart of the Ocean" that Kate Winslet wore in the 1997 blockbuster "Titanic"?

Well... you could be the proud owner of that very necklace, by participating in a YouTube competition.

According to a report in the Guardian, Fox Mexico has commissioned jewellery designer Daniel Espinosa to recreate that iconic prop.

The studio behind the 3D re-release of the original "Titanic" are to give away one of six necklaces - worth 9,350 ($15,000).

Five of the necklaces will be auctioned to private collectors but a sixth will be up for grabs to the public via a worldwide competition on YouTube, details of which are yet to be announced.

According to the Hollywood Reporter, the replicas, consist of 106 diamond-cut zirconias set in sterling silver and rhodium plating, which surround a blue heart-shaped zirconia.

So will you be the lucky person to own the "Heart of Ocean"?