In 2007 we had the exclusive on the Chanel Diamond Forever Classic Bag which came with a $261,000 price tag. But today $261k appears to be nothing compared to what the Guinness Book of World Records crowned as the world’s most expensive purse.

Here is the outrageous “1001 Nights Diamond Purse” which is valued at $3.8 million. The heart-shaped bag is encrusted with over 4,500 diamonds – of that 105 yellow, 56 pink, and 4,356 are colorless. Total carat weight is a staggering 381 carats.

Obviously there is more absurdity and ridiculousness to this bag, like the fact that it was handcrafted from 18-carat gold and it took 10 artisans over four months to finish. The Dubai-based designer, House of Mouawad, was founded in 1890 and is no stranger to extremely high end creations (they made the Very Sexy Fantasy Bra for Victoria’s Secret). And apparently, this bag is for sale. Just answer me this – if you were to buy this bag, it would never leave the safe vault in your home right?

[via MSNBC]

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