The clutch was designed for the lavish type: regal, elegant, and accustomed to carrying thousands of dollars' worth of jewels on his or her person. "It could easily be worn by any royal princess," Shellis told the Daily Mail. While the bag is spacious enough to hold an iPhone and makeup — basic requirements for any going-out clutch — Shellis envisions the owner to be wealthy enough to "have staff hold those items."
To dismiss any lingering doubt about who Shellis' ideal customer is, take a gander at the clutch's exterior: The diamond-crusted bars are a dead ringer for Buckingham Palace. Although, knowing Duchess Kate's thrifty tendencies, it's unlikely she'd ever purchase such an extravagant item — even if rumors are true and Royal Baby #2 (a possible purse-needing princess) is on the way.
Surprisingly enough, this isn't the world's most expensive bag; that honor goes to Mouwad's 1001 Nights Diamond Purse, which retails at $3.8 million. Nevertheless, the Le Palais clutch is breaking records of its own — namely, that of Most Expensive '90s Comeback to date. Will the bucket hat be able to top that?