The dazzling accessory, part of Marc Jacobs Spring/Summer 2011 collection for Louis Vuitton, is covered in hand-applied black and white Swarovski crystals and features extra long gold tassels that wave below the knee as you walk.
Its price? A cool $35,000 dollars.
The main reason for the steep cost is in the sheer level of craftsmanship that went into producing the bag – each piece of crystal having been painstakingly applied by hand.
Its small, spherical shape also marks a transition away from large, bulky handbags, with the Monogram Nova fitting comfortably in the clutches of one hand.
The Monogram Nova will be available from stores in April.