February 20, 2011, in Doha, Qatar, the most expensive handbag Mouawad’s “1001 Nights Diamond Purse” was on display at Doha Jewellery and Watches Exhibition, it has claimed “The most valuable handbag” in the world and was certified by the Guinness World Records on 23 November 2010.
The heart-shaped purse is made of 18K gold and is encrusted with 4,517 diamonds, including 56 pink diamonds, 105 yellow diamonds and 4,356 colorless diamonds, a total weight of 381.92 carats, which was made by the Mouawad company(USA) and was valued at $3.8 million (£2.35 million). Mouawad, the luxury jewelry company founded by David Mouawad in 1890.
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