The Mouawad 1001 Nights Diamond Purse has the distinction of being the world’s most expensive bag. Created by jeweler Robert Mouawad and encrusted with 4,500 diamonds amounting to 381.92 carats, the heart shaped bag has been handcrafted from 18k gold. Priced at $3.8 million, the bag set the Guinness World Record in 2010 but is going to be auctioned by Christie’s only now. The bag took 8,800 hours to be created by the artisans. Interestingly, the bag features 106 yellow and 56 pink diamonds as well. Christie’s will be taking the Mouawad Bag on a tour all through Hong Kong, Geneva and London as well.
