GinzaTanaka, the Japanese jewelry firm who created the world’s most expensive handbag last year, is finally putting the handbag up for sale for one very stupid lucky buyer.

The 1.63 million dollar 1.9 million dollar bag, currently on display in London for its Jewelry Week, is made of pure platinum and 2,182 diamonds totaling 208 carats. In order to reduce the cost per wear Fashion Gone Stupid: The World’s Most Expensive Handbag of the purse, the diamond strap may be removed and worn as a necklace and the 8 ct diamond pendant on the front of the bag may be worn as a brooch. While the versatility of the bag is ,umm, admirably, the design looks like something you could purchase at Claire’s boutique.

Now, I wonder if it has a cell phone holder?