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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Share Your Thoughts With Us

  • Paulina

    I would carry this everywhere :P

  • Annabelle

    Unbelievable!!! 2 of woman’s best friends together: diamonds and purse!!!!

  • KathyB

    I agree, Megs… would be in a safe and would never be carried outside my home. Seriously, it has to be some kind of “investment” piece because no one in their right mind would carry this bag out in public without armed guards…..

  • Lisa

    I’d have about 10 bodyguards with me if I do leave the house with it!!

    Most people would probably think it’s not real diamonds anyway!

  • Susana

    Wow! No way could I even own that bag much less carry it — way too much pressure and I don’t think I’d like a life with bodyguards very much!

  • Jourdan

    Although it is gorgeous, it is definitely something you would buy and then just display within your own home.

  • Jackie

    I don’t care how expensive it is! It’s still butt ugly :)

    • Lynea

      I would never buy it even if I had the money to, It’s beyond ugly! Idc who made it and why, Designers make things like this and yet,people are starving and homeless in this world. Children go without, Even with both parents working long hours,The economy Is still not stable for many now a days ,Gas prices are climbing again,This purse is totally ridiculous and a huge waste of money. Why don’t they put their money to good use,Where it’s needed, For education, Healthcare etc, For their people. Instead of useless unpractical items like this.
      If I had that kind of money, i would never waste it on making something like this.

      • chloehandbags

        I agree – the inequality in this world has reached truly obscene proportions.

        I think many countries are well overdue a revolution (and I’m not just talking about the Middle East and North Africa, here, by any means).

      • agreed!

      • agreed! 100 percent!

  • mochababe73

    If money were no object, of course I would carry it. Why not? Money is no object. If a stone falls off (and it shouldn’t), just replace it. LOL!
    If only…

  • Kat

    THe priciest bag in the world is quite possibly the ugliest as well. Uggggh.

  • Earmuffs

    If you never told me this was a bag made of diamonds and worth over 1mil, I would think it was a little girl’s toy bag just made really well. So maybe an expensive toy store. They could’ve at least made it prettier -.-

  • Jessica

    I don’t think it’s the prettiest clutch I’ve seen, especially not for 3.8 mil but to think all that money wasted on making a bag when it could have fed, housed, and clothed people in this world that have next to nothing. Being a Fashion Merchandising major in college, I definitely know the industry well and openly admit to owning some designer labels but it gets to a point where you say “is all this money that’s being spent making a material object really worth it?”

  • Bir

    Hmmm not for me and not something i find representative of Chanel style or iconic shapes in truth I find it a bit tacky even, because I find the actual shape and stone distribution to be pretentious and very odd. Just me.

  • 19yearslater

    I’m not loving the design. It looks like a heart firework. This is about as useable as a diamond bra.

  • Melinda Mary

    The value of an item is related to how much money you have. For some people in this world, this would be an evening purse used regularly until the novelty wore off.

  • ash

    1st of all the design of the purse is not that pretty at all!!! and 4,500 pcs. of diamonds, wow i would rather buy lots of jewelry for my self than having that purse!!

  • BooIn

    The design was not phenomenal. It’s too much.

  • Chris

    If money were no object – of course I would wear it. Hah! Unfortunately, this handbag may be exquisite, but it is not very stylish or pretty.
    On another note, would you wear the bra from Victoria’s Secret for several million$ ? It’s the same thing, isn’t it?

  • Lorie

    Too bad. Even after covering it in diamonds, it’s still butt ugly. What a waste of good diamonds.

  • Ping

    This is just another example of money cannot buy taste..this bag is just too grotesque for words.

  • Staci

    I love how sparkly the bag is with all those diamonds, however, the price is absurd!

  • Lulu

    Ugly, it’s too much.

  • Lisa

    My handbags have to speak to me and this handbag ain’t saying a thing!!! My handbangs have to be practical, and stylish. I could be a billionaire and still would not but it to carry or for a keepsake!!!!

  • apemaya

    Sorry – would not be caught dead carrying that ugly piece! Ugly Ugly!!

  • Betty

    Well I love anything heart-shaped or styled so this would be a did I have the money then it would be an evening out of the town bag otherwise locked up in a glass case as a display piece when not in use two for one special. But hey that’s fantasy land.

  • kelly

    …wished it was shaped like Hermes birkin or kelly………..:p

    • NikolineK

      Haha!!! I’d rather have the original Kelly or Birkin. This is waaaaay to much.

  • Jessica

    Grandma… I bought you something….

  • gacats

    I’m unable to even wrap my head around owning something like this so I can’t play this game.

  • Erika Dwyer

    OMG! I would be terrified to own this, if i lost it or ruined it or it got stolen YIKES!!!
    Thanks for having the contest!!!

  • Mindee Larsen

    Wow that purse is INCREDIBLE….LY expensive! haha =)

  • Krista

    Not my style, plus the heart shape is way too cutesy.

  • eorchid

    no kidding! 3.8 mil?! that is awesome. after visiting Dubai over the summer, if I could have this bag, I would definitely rock it there. No one would even bat an eye.

  • chloehandbags

    This particular bag is not really my style, either, but if I owned something like it, I would carry it outside the house, to a special occasion, or dinner at a nice restaurant; because most people would, almost certainly, just assume it was costume, anyway.

    You would actually probably be safer with that than a mono LV, or an Hermes Birkin/Kelly!

  • Leslie

    Women love bags and diamonds but even if you are filthy rich how can you buy this luxurious bag if people are starving and homeless etc. If you have the money to spend on this bag why don’t you just give the money to the less fortunate people and I think you will feel good about yourself rather than showing off that you are carrying the world’s most expensive bag. Does it makes sense.. I think so =)

  • styleezta

    amazing but something i would never take out :) LOL

  • Jennifer

    It’s not that it isn’t impressive but it’s still ugly, reminds me of one of those garish judith L. bags. I wouldn’t buy it, it probably weighs a ton as well.

  • Blaine

    My alterego wears this to the grocery store. Not only that, she lets her toddler take it trick or treating just to be completely obnoxious.

  • littlechanelwoman

    I would not mind owning that…

  • FashionFanboy

    I think this bag is very tacky and just made for showing off.

  • AiRie

    Like 199 Baht in Thailand – -‘

  • criz

    wow….so elegant.. this is my dream i wish i could have it…not now but later……cheeez…hehehe

  • Retards! feed the hungry instead! Your greed and shallowness sickens me to my soul. In fact if I could, I would send you to the hungry and let them eat you!