Jewelry News

Diamond Purse Breaks Price Records

March 2, 2011

Renowned jewelery house, Mouawad, has unveiled the world's most valuable purse, a diamond dream worth $3.8 million!

Talk about loosening your purse strings. Jewelry juggernaut, Mouawad, is breaking World Records with their latest creation "The Mouawad 1001 Nights Diamond Purse".

The heart-shaped pocketbook is handcrafted from 18kt gold and set with 4,517 diamonds (105 yellow, 56 pink and 4,356 white) with a total weight of 381.92 carats and a price tag worth a whopping $3.8 million.

Ten skilled artisans worked 8,800 hours to create the haute couture handbag, that recently received official certification from the Guinness World Records as the most valuable handbag in the world.

"Just as the tales of Scheherazade have captivated readers with their intricately woven plots of uninhibited passion and daring, so 'The Mouawad 1001 Nights Diamond Purse' is designed to mesmerize with its lavish attention to detail and elaborate workmanship incorporating thousands of diamonds," said Pascal Mouawad, co-guardian of the House of Mouawad.

"The Mouawad 1001 Nights Diamond Purse" is the second record-breaking creation from the House of Mouawad, following in the footsteps of "The Very Sexy Fantasy Bra" valued at $11 million produced in collaboration with Victoria's Secret in 2003 and certified by the Guinness World Records as the most expensive bra ever made.

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