First unveiled in Tokyo during a fashion show in June 2007, the diamond-encrusted platinum handbag will go on display at jewellery shops around London to mark the inaugural London Jewellery Week which runs from 11-15 June, celebrating the work of established designers as well as new talent.

Valued at £1m ($2 million dollar) and created by Japanese designer Ginza Tanaka, the bag has been set with more than 2,182 diamonds totaling 208 carats.

The organisers of the event say the handbag will be available for sale.

Louis Vuitton is offering something highly unconventional and much more colorful and bold than the usual fare. Designed by Marc Jacobs and Richard Prince, its roots are clearly evident in the vibrant colors, unexpected decorative embellishments and overall design. It’s a roomy purse that shakes up Louis Vuitton’s classic monogram print with modern, edgy touches.
Available for $5400.

Via pursepage

Enjoy a touch of sparkles with the Marc Jacobs Iris Sequined Bag : This cute evening bag is the perfect exhibition of his quirky design talent and is a real investment for lovers of the brand.

The clutch is designed with miniature beads and covered in hundreds of sequins.

An added bonus – the giant silver frog sitting in the front : The frog was a theme which ran through the Marc Jacobs spring mainline collection and has since become a micro-trend for the season.

$1,895 available at Net-A-Porter (source : thelatestluxe)

Richard Prince collaborated with Marc Jacobs to design artistic bags for the Louis Vuitton Spring/Summer 2008 line.

The hottest item right now is the Louis Vuitton Watercolor Speedy which is said to be released in the US in May.

The monogram pattern is designed in a manner that has the orange, red, and yellow paints looking like they were painted on with watercolor paint.

In early 2007, Louis Vuitton released their most expensive handbag, the Louis Vuitton Tribute Patchwork Bag. The bags, as the title suggests, were made of samples of different Louis Vuitton bags. The fifteen bags used come from the LV spring/summer and cruise lines.

The gold chain shoulder strap makes this the perfect handbag for the discerning 90s rapper while the patchwork nature of the purse itself suggests that the person owning it may have a rusted truck propped up on cinder blocks in their front yard. Louis Vuitton made twenty-four numbered copies of their most expensive handbags, priced at $45,000 and thhis limited edition purse sold out almost immediately.

Chanel’s revolutionary quilting comes to life in this elegant vintage shoulder bag. The zip top opens to a maroon leather lining, zip pocket and two opens pockets. Two elegant chain-and-leather straps complete the look.

It’s available online for $4639!