We all know how much the Divine Lady O likes to share all of her “Favorite Things.” But the pot gets even sweeter if you are future First Lady Michelle Obama.

Star Magazine insiders say Oprah Winfrey has given Mrs. Obama permission to borrow any pieces from her unique jewelry collection, worth approximately $100 million.

“Oprah has everything from simple diamond stud earrings to necklaces worth millions,” says a source.

Michelle gets first dibs on “whatever she wants, whenever she wants it.”