Handbags are basically utilitarian items that we can use to carry our vital daily necessities for some, but they also represent riches, position, and, most importantly, power for others. Check out the Top 6 Most Expensive Handbags Ever Created.

6. LANA MARKS CLEOPATRA CLUTCH WORTH $400,000

This clutch was created in Northern Italy and is embellished with natural pink and blue diamonds that have been carefully cut to create a gorgeous design. The business sells a single limited edition version of the Cleopatra Clutch every year, with prices ranging from $100,000 to $400,000.

5. HERMÉS CHAINE’D ANCRE BAG WORTH $1.4 MILLION

The beautiful 1,160 diamond-encrusted chain links used to form this bag were created by jeweller Pierre Hardy over the course of two years for the “Haute Bijouterie” Collection in 2012. Only three bags were made, making them really unique and justifying the hefty price tag.

4.HERMÉS GINZA TANAKA BIRKIN BAG WORTH $1.4 MILLION

This handbag bears 2,000 diamonds on its exterior layer and features a pear-shaped 8arat centrepiece that can be detachable and worn as a brooch, as well as a diamond-encrusted strap that can be detached from the purse and worn as a bracelet or necklace.

3. HERMÉS KELLY ROSE GOLD WORTH $2 MILLION

At this point, we already know that Hermés creates beautiful and expensive handbags. This handbag was created by Hermès in collaboration with Pierre Hardy and features 1,160 diamonds. It is entirely made of solid rose gold and detailed to look like crocodile leather. Despite its high price, the bag is quite small, making it impossible to even fit a pair of shades inside.

2. MOUAWAD 1001 NIGHTS DIAMOND PURSE, $3.8 MILLION

The story of Scheherazade and her king inspired Robert Mouawad to create the Mouawad 1001 Nights Diamond Purse. This epic drama of intrigue and desire inspired the fairy-tale design of this exquisite artwork. After using 8,800 hours to make this beautiful piece of art, Guinness World Records declared the Mouawad 1001 Nights Diamond Purse, valued at $3.8 million, the world’s most expensive purse in 2011. 4,517 diamonds totalling 381.92 carats are set in an 18-karat gold purse (105 yellow, 56 pink, and 4,356 colourless diamonds).

1. BOARINI MILANESI’S PARVA MEA WORTH $7 MILLION

Italian designer Boarini Milanesi created USD 7 million worth of handbags as an urgent cry to protect our waters from the ever-increasing threat of plastic rubbish, and there are just three left now. The Parva Mea model bag is made of a semi-lustrous alligator in an aquatic colour and is studded with jewels channelling the many faces of water. Ten white-gold butterflies are wrapped in blue sapphires and diamonds totalling 130 carats that suggest the transparency of raindrops. A certificate of authenticity and a unique serial number are included with each handbag.