The House of Mouawad has just unveiled the Mouawad 1001 Nights Diamond Purse, the world’s most expensive handbag, valued at a staggering $3.8 million.
The most expensive purse in the world was designed by Robert Mouawad and handcrafted by 10 artisans in over 8,800 hours.
The heart-shaped purse incorporates 18kt gold and 4,517 diamonds (105 yellow, 56 pink and 4,356 colorless) with a total weight of 381.92 carats.
The purse was on display at the Doha Jewellery and Watches Exhibition over the weekend of Feb. 20. There has been no word yet if anyone has bought the purse.
The handbag is the second record-breaking attempt from the House of Mouawad, which was founded in 1890.
In 2003, Guinness World Records certified, ‘The Very Sexy Fantasy Bra,’ which was produced in collaboration with Victoria’s Secret, as the most expensive bra ever made with a value of $11mn.