Cate Adair, the Emmy-nominated and award-winning costume designer for Desperate Housewives, has collaborated with Kwiat, the 101-year old luxury jewelry and diamond company, to create the ultimate accessory, the “Platinum Clutch.”

The one-of-a-kind purse, valued at more than $500,000 debut at the Platinum Guild International (PGI-USA) Annual Emmy Awards Red Carpet Jewelry Preview that took place September 18-20, in Beverly Hills.

The bag features genuine pure Platinum design elements set with 60 carats of Kwiat diamonds, in honor of the 60th Annual Primetime Emmy Awards.