Obscene Ostentation

The Mouawad 1001 Nights Diamond Purse. The bag is valued at $3.8 million and has claimed the Guinness World Record as the most valuable handbag in the world.

Let's see... lipstick, cell phone, tampon, and a $1,000 bill for the Ladies Room attendant

The heart-shaped purse is made from 18K gold and is covered with 4,517 diamonds (105 yellow, 56 pink and 4,356 colorless) representing a total weight of 381.92 carats. Creating the bag took 10 craftsmen more than 1,000 hours to complete.