The Mouawad 1001 Nights Diamond Purse, a diamond-encrusted purse touted as the most expensive in the world has been put up for sale.
This stunning heart-shaped purse has already got a place in the Guinness Book of World Records for being the most valuable purse ever produced. The Mouawad 1001 Nights Diamond Purse became the world's most valuable bag when it was sold for $3.8million (Rs 24 crore).
This one of a kind epic exorbitant purse has been designed by the jeweller Robert Mouawad. The bag is handcrafted from 18-karat gold and covered with more than 4,500 diamonds.
The bag’s front side is covered with a firework motif in pink diamonds.
There are about 105 yellow and 56 pink diamonds that have also been incorporated into the design.
Even without anything inside it, the bag weighs about 381.92 carats.
The bag is currently being showcased by an auctioneer in Hong Kong. It will be followed by a tour to Christie's in Geneva and London next month.
It will be offered to the world's wealthiest collectors through Christie's private sales service.
A Hermès Birkin bag was sold for £155,000 at Christie’s auction house, last year.
The auction house is showing the piece to potential buyers in Hong Kong before embarking on a tour. The bag has been drumming up interest in what it described as a “bejeweled masterpiece”.
Mouawad holds many other records including the one of creating the most expensive bra in the world. The Very Sexy Fantasy Bra worth $11m was designed by Heidi Klum in a Victoria’s Secrets Fashion Show in 2003.The bra was covered with 2,800 diamonds, sapphires and amethysts and weighed 2,200 carats.