The Mouawad’s 1001 Nights Diamond Purse – $3.8 million
Officially certified by Guinness World Records the Mouawad 1001 Nights Diamond Purse is now the most expensive designer handbag in the world at $3.8 million. The heart-shaped purse is handcrafted from 18kt gold and has 4,517 diamonds (4,356 colorless, 105 yellow, 56 pink) with a total weight of 381.92 carats. It was made by ten artisans who worked on it for a total of 8,800 hours.
Bag created by Japanese designer Ginza Tanaka – $1.9 million
This bags was apparently sold in 2008 for around $1.9 million. It is made of platinum and has over 2,000 diamonds. It is also versatile, so that in addition to being a handbag you can also use the diamond strap as a necklace or bracelet by removing it from the bag. The bag itself has an 8-carat pear shaped shimmering diamond that can also be used separately.
Hermes Birkin bag crafted from gold and diamonds by Pierre Hardy -$1.9 million
The French luxury fashion brand Hermes launched $1.9 million handbags crafted from gold and adorned with thousands of precious diamonds, making it an artistic jewel piece. Regarded to be a bracelet in itself, this bag is actually the creation of Pierre Hardy who worked on it for about 2-years to recreate the intricate specimen of the original Birkin bag design, and impressively crafted each stone individually for this bag.
The Chanel “Diamond Forever” Classic Handbag – $261,000
The “Diamond Forever” classic handbag boasts 334 diamonds for a total of 3.56 carats, in 18-carat white gold. The shoulder straps are also made from white gold. There are only 13 available worldwide, with five of them being in the USA.
Lana Marks Cleopatra Bag – $250,000
Lana Marks produces one Cleopatra clutch for retail each year. The one in the picture is made of metallic silver alligator skin and a clasp with 1,500 black and white diamonds in 18-carat white gold. Helen Mirren wore the $250,000 Lana Marks Cleopatra Clutch at the 2007 Academy Awards. Lana only allows one star per year to carry her handmade diamond studded designs down the crimson carpet. How snooty is that ?
Hermès Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag with Solid 18K White Gold & Diamond Hardware –Price: $203,150
A shining red Hermès exceptional collection rouge H Porosus Crocodile 30 cm Birkin bag with solid 18K white gold & diamond hardware fetched handsome $203,150 at Heritage Auctions’ sale in Dallas, Texas. Bought by an anonymous collector, the bag is regarded to be an extraordinary example of one of the world’s most exceptional handbags.
Leiber Precious Rose Bag – $92,000 
The Precious Rose is in the shape of a perfect flower, the bag has 1,016 diamonds totaling 42.56 carats, 1,169 pink sapphires and 800 tourmalines. There is only one available in the world.
the CITIZENS of FASHION 
The Channel and Hermes bag look just heavenly xx
Anastassia http://creativerussia.wordpress.com/
The Mouawad’s purse is UGLY! So is the Leiber’s one – they look like something a little girl would design when she’s in her princess phase. The Hermes one, however, is DIVINE! I hate myself for wanting it.
The sad part is that I know a number of people who can easily afford any one of those bags and some of them are so ugly!