With a price tag of $3.2 million, the new iPhone 3GS Supreme launched yesterday by Stuart Hughes could be the world’s most expensive phone.

The handset was made for an anonymous Australian businessman with 271 grams of 22ct solid yellow gold and 136 flawless F-color diamonds totalizing 68ct.

The Apple logo is made from solid gold and decorated with 53 diamonds of 1ct, while the front navigation button consists of a single 7.1ct diamond.

It took 10 months to make this incredible mobile phone, and it was packaged in a 7 kg granite box lined in nubuck leather.