The world's most expensive handbag

is apparently the Mouawad 1001 Nights Diamond Purse, worth $3.8 million!

I must say that even though I tend to like expensive handbags (Hermes and Bottega Veneta, just to mention two brands I like), this bag does not appeal to me at all. Not that I would ever spend $3.8 million on a handbag, even if I had it, but still...

(image from The Citizens of Fashion)