After the “I am Rich” application and the Diamond Encrusted Olympic iPhone, here we go again with luxury goods for iPhone 3G.

In an attempt to outdo the most luxurious iPhone accessories, Noreve (which means “our dream”), The French company based in St. Tropez has crafted glittering iPhone cases in colors ranging from black to Pink to Sandy Vintage.

Designed and developed by designer Mathieu Cattelan of Noreve, This diamond-studded leather case targeted to dress iPhone 3G comes encrusted with 272 diamonds weighing 6.8 karats, inserted in the high quality leather.

Noreve St. Tropez logo is embossed on the back of the pouch and it features a refined interior lining to protect the device optimally. “

“This luxury case is yet another step we are taking to help the Noreve brand become one of the most unique and recognized case manufacturers in the world,” said Sam Brust, vice president of sales for NoreveUSA. “We look forward to working with additional types of precious stones in our future designs.”

The case is available in the color of your choice (15 color choices) for $14,990. No, it is not a typing mistake : the price is about 50 times more expensive than the pricier model of the 3G iPhone itself !