The Dow Jones has sunk below 10,000, Wall Street is in turmoil and big banks are disappearing. But that hasn’t stopped Neiman Marcus from mailing its much-anticipated annual Christmas Book catalog this week.

From high-end cars to custom sculptures, The 82nd edition of this world-renowned book is full of fantasy gifts. The most expensive item this year is the Three Chimneys Thoroughbred Racing Package, which is priced at $10 million.

Some of this year’s other extravagant gifts include His and Hers life-size Lego sculptures, a Dallas Cowboys Texas Stadium end zone, the M-Velope transformable structure, and medieval and Renaissance-era rings. Also, this year’s featured car is the Neiman Marcus limited-edition 2009 BMW Individual 7 Series sedan.

Lego Artist Nathan Sawaya - one of the only six certified Lego professionals in the world, three in the US – will do a full-size scale Lego replica of yourself for $60,000.

You just have to order it from Neiman Marcus, send some photographs, and Nathan will build your natural-size 8-bit version.

Nathan uses 15,000 to 25,000 individual bricks in a sculpture, on average and ideally, he needs 16 photos: eight full body photos from 360 degrees, and eight of the face and head from 360 degrees.

This week Ducati North America launched a limited edition Ducati Hypermotard with luxury retailer Neiman Marcus. The limited production motorcycle is featured in the Neiman Marcus Fall Men’s Book and can be ordered through the Neiman Marcus website.

It features a Termignoni full exhaust system with performance ECU, Ducati Performance race seat, a specially designed “Tricolore“ color and graphics package and an array of carbon fiber accessories – all conceived and executed by Advanced Motorsports, one of the premier Ducati dealerships in North America. Production is limited and each unit carries an individually numbered plaque signifying its exclusivity.

Each Limited Edition Neiman Marcus Ducati Hypermotard begins its life as a Hypermotard 1100 in Ducati’s Bologna, Italy factory and is then hand crafted in the US by one of the foremost authorities on Ducati performance. These special bikes are built to order and will be delivered to the Ducati dealership of your choice.

It’s priced at $17,995. But can the additions and the supposed exclusivity brought by the limited numbers justify the $6,000 premium? Neiman Marcus is hardly an aspirational brand these days, and with only a few accessories added to stock bikes, these are unlikely to become collector’s items…

“When the famous toy brand, Margarete Steiff, allows itself to produce the first ever “couture” teddy bear, it’s with the master of today’s luxury Karl Lagerfeld.

A unique and unusual collaboration that shows us, one more time, how Lagerfeld is always on the avant garde. Steiff keeps on the innovation and brings you the first teddy bear made for older kids.” Via Colette.

The teddy bear comes wearing the famous black suit and sunglasses, an outfit by the designer that one got used to over the years. And of course the famous button in the ear, that all Steiff plush toys carry, is also present. You can expect this to be a collectors item.

Neiman Marcus has teamed up with Hennessey Performance Engineering to offer one mean Viper.

The 2008 Neiman Marcus Special Edition Hennessey Venom 700NM, which will be included in the spring Neiman Marcus Men’s Catalog, features a 700-hp engine that’s good for a 0-60 time of 3.3 seconds.

The car also features an extensive list of Hennesseyupgrades, custom matching luggage, and if you’re crazy enough to use the car as a daily driver, Hennessey offers an automatic transmission upgrade for $30,000.

Here is Swarovski’s Limited Edition Crystal Toaster available for $300 at Neiman.

Designed by Russell Hobbs’, the Toaster features Glass and stainless steel embellished with more than 200 Swarovski crystals.