Hermès create $1.2million diamond studded handbag

The French retailer has unveiled four new designs, each priced at 1.2 million.
The miniature totes, which are crafted from gold and studded with thousands of precious stones. Significantly smaller than the popular leather versions, they are designed to be worn as a bracelet, with the handbag strap resting on the wrist. The main compartment – which isn’t big enough to hold a pair of sunglasses then dangles below, so it can be held in the wearer’s hand.

Each of the new designs will only be produced three times.