The world's most expensive purse, valued at nearly $3.8 Million and encrusted with some 4,500 diamonds, has been unveiled by jewelers in Dubai.

The purse is called the 'The Mouawad 1001 Nights Diamond Purse.' It has been certified by the Guinness World Records as the most valuable purse in the world.

The heart-shaped purse, handcrafted from 18kt gold, incorporates 4,517 diamonds (105 yellow, 56 pink and 4,356 colorless) with a total weight of 381.92 carats.

The jewelers will not disclose the buyer, they only said it is a man who bought it for his wife.


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