The $1.63 Million Diamond and Platinum Handbag

by Rigel Celeste (RSS feed)
Jun 27th 2007 at 10:03AM

So it's one thing to spend hundreds on a designer handbag that's sure to go out of style in a season or two, but millions? This diamond studded platinum handbag was on display recently in Tokyo by jewelry maker GinzaTanaka, and it looks like something Cinderella could have carried to the ball to coordinate with her beautiful glass slippers. Valued at approximately $1.63 million dollars, it boasts 2,182 diamonds totaling 208 carats and a fairly simple and understated style considering its over-the-top price tag. With this in hand all you need is a diamond tiara and you're ready to party!

Tags: diamond, ginza tanaka, ginzatanaka, hand bag, handbag, million, millions, platinum

Filed under: Handbags

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Reader Comments (Page 1 of 3)

glenda jones Jul 4th 2007 2:10PM

i dont even own a house but if i had that kind of money it would be spent on a house, and not on something as frivolous as a handbag. anyone owning a purse like that invites trouble,they would be a target for robbers.

sue Jul 4th 2007 2:22PM

RICH PEOPLE HAVE NOTHING ELSE TO SPEND THEIR MONEY ON. IT MUST BE NICE TO HAVE MONEY, GEEZ. NO ONE WILL BUY THAT AND THEN WHAT- THERE'S 1.6 MILLION GONE.

J. Fairbanks Jul 4th 2007 2:22PM

Children are born into poverty situations, with little to eat and no health care, reducicing their chance in life to be successful. How in this world could one ever justify a bag - to hold non important articles - at this price. Oh the children and elderly who could be helped with $1.63 million. What about the soldier who is now ill and had no health insurance. I hope whomever foolishly wastes money on this ridiculous item, has guilt overcome them whenever they use it. This is such a sad example of the values we have in this great country of ours.

Jason Jul 4th 2007 2:34PM

DISGUSTING. Ugly too!!!!

doc Jul 4th 2007 11:10PM

you can buy a knock-off of this same bag on the streets of new york for about $45, and you can't tell the difference.

Nancy Jul 4th 2007 2:55PM

Even luxury goods keep money circulating in the economy. The people who mined the platinum and diamonds, cut the diamonds, designed and fabricated the handbag, advertised the handbag and handled the sale have been (or will be) paid. They will use the money to support their families. The money that a buyer pays for the handbag will likewise get recirculated.

siren Jul 4th 2007 3:01PM

Pleaseeeeeeee!!! Give me a break!
Let's stop hunger, sell the damm, ugly bag.

Barracuda Jul 4th 2007 3:04PM

WOW.. looks like a knock off of mine

Luis Jul 4th 2007 3:25PM

That handbag is a waste of money!

I wish I had that kind of money so I can continue my education at NYU or Baruch business school.

Just so you know they sell very similar bags like that on Broadway with crystals and the silver tone that looks like platinum for $24 retail and $14 wholesale!

Just for my knowing if I had $1.63 mil to spend I would buy me a 3 family home for $700k in the Bronx, NY.

$27k to pay off my car finance debt,

$300k in savings

$100k in checking

$300k to secure my education,

$65k to my sister,
$65 to my father
$65k to my mom

and the left over ill donate to the Clinton campaign

Juice Jul 4th 2007 10:58PM

get something at target or tjmaxx that looks similar $20

IGOR VON WURTTEMBURG Jul 4th 2007 3:26PM

ITS ADECUATE..I THINK, I'LL BUY ONE FOR MY MOTHER IN LAW.....

eva Jul 4th 2007 3:56PM

you got to be kidding me you know what i would do with that money and it wouldnt be buying that ugly ass bag

Mel Jul 4th 2007 3:59PM

I sure would sell the darn thing for a commision...lol.

The designer should be locked up Jul 4th 2007 4:06PM

This economy makes me sick. The designer of that bag and the buyer should be ashamed of themselves.

As best this purse will be used once at an event then locked away never to be seen again. Or even better be used to show off to other people to rub in their faces they don't have as much money as you have. The buyer of this purse will have to be just as low and uncompassionate as the designer of it.

6.5 million could save so many lifes. Yet it is being used on superficial, materialistic, ridiculous PURSES. Since when did a purse become worth more than a persons life? It didn't. But yet they're trying to tell us this.

ricandaddycg Jul 4th 2007 4:24PM

well, i think if u have the money, spend it in whatever you please, even if its a handbag, veryone has different likes and dislikes.And it is true that the money could be going to a good cause, but then again most of the reasons people get to have such money is due to their own greedyness and look after their own interests.