Mouawad 1001 Nights Diamond Purse, $3.8 million (1 of 10)
Created by the same jeweler responsible for several of the bejeweled Victoria Secret bras, this heart-shaped bag currently holds the Guinness world record as the world's most valuable handbag. It took ten craftsmen more than 1,000 hours to make and is made of 18k gold with 4,517 diamonds totaling 381.92 carats. $3.8 million
24/04/11
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