The 31-year old supermodel Marisa Miller was chosen to model this year’s Victoria’s Secret Fantasy Bra, designed by Italian jewelry house Damiani.

The $3 million bra was covered in 150 carats of stones, including a 16-carat heart-shaped stone. “It’s like being a princess,” Marisa told Us Weekly.

Sadly, the recession appears to have hit the diamond bra business quite hard. In 2006 the diamond bra was covered in $5.6 million in diamonds.

The Victoria’s Secret fashion show will air on CBS on Tuesday, December 1st at 10:00 p.m. Eastern.