The world's second most expensive bag costs $178,000
With a 1,000 year guarantee
While it may not be the world’s most expensive – an accolade that goes to House of Mouawad's heart-shaped handbag adorned with over 4,000 diamonds and estimated to be worth $3.8 million – the second billing, the 'Clutch Bag le Palais' as part of the Borgezie Treasures range is much more attractive and, if you'll pardon the pun, purse-friendly. Moreover, it comes with a 1,000 year guarantee. Sounds quite sensible, really.
Created over 100 hours by a team of highly skilled goldsmiths and diamond setters, this elegant handbag is designed to emulate a palace and kitted out with 345 diamonds and 18-carat-gold clasps... And of course, a powder blue butterfly. Inspired by the Buckingham Palace gates, it bears a geometric design replete with bars and the House of Borgezie’s coat of arms.