Gwyneth Paltrow looks super sexy in the new Vanity Fair -- where she poses wearing nothing more than fishnets and some Louis Vuitton jewelry.

The 38-year-old mother of two reportedly did the revealing shot for the magazine's jewelry calendar, which will be a supplement for the August issue -- which has Emma Stone on the cover.

While Gwyneth gets her bod thanks to celeb trainer Tracy Anderson, Emma Stone bashed Tracy's diet in the very same magazine -- saying "That diet, have you seen it?... It's like: Eat this diet, which is a palm-size piece of chicken and some beans, and work out two hours a day for the rest of your life."

Whatever Gwyneth's doing, it's working.

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